06/25/2012
This investment marks Thomson Reuters second acquisition in 2012 across the MENA region and further underscores the organization's commitment to connecting and enabling the local financial community with leading edge information and tools.
06/25/2012
In response to an increased interest in prime London real estate, Bank of London and The Middle East
06/24/2012
The cost of insuring the emirate’s debt for five years retreated 40 basis points in June to 355 yes terday, according to data provider CMA
06/20/2012
Positive performance was boosted by Multi-Investment and Transport sectors, reflecting a growth of 2.98 percent and 2.12 percent respectively.
06/18/2012
KPMG won the Award after facing stiff completion from the likes of E&Y, PwC, Cedar, Amanie, and Deloitte who were also nominated in the Best Advisory Firm category.
06/15/2012
Initial indications are that the expected $1.25bn, seven to 10-year tenor bond would receive strong demand in Bahrain and Saudi Arabia as banks seek to put rising liquidity to work, though broader interest may lag behind, market participants say.
06/14/2012
Tokyo is the world's most expensive city for expatriates according to the latest ranking by Mercer.
06/14/2012
ulf Capital received the honour at the annual event of the prestigious Banker Middle East Industry Awards 2012 ceremony, held on June 12th in Dubai. The awards extravaganza witnessed an attendance of eminent industry experts and dignitaries from the GCC,
06/13/2012
Al Qamzi reiterated that the UAE was the first country in the region to adopt a long-term national initiative to build a green economy.
06/13/2012
PE firms are taking advantage of the shortage of capital, resulting from the global crisis, to buy well-priced assets.
06/13/2012
Moreover, the rate of inflation in the region is considerably lower than that of New York, which has resulted in more moderate price increases on Middle Eastern goods and services selected for our study.
06/12/2012
A subsidiary of the Bahrainib bank Gulf Finance House, G Capital said the $50 million fund was the first Sharia’a-compliant venture capital fund established in the region.
06/11/2012
With the value of GIC's assets reaching KD283.9m ($1.01bn) at the beginning of 2012, there has been an increase of KD17.1m or 6% from the end of 2011.
06/11/2012
According to Bursa Malaysia website, Kenanga Investment Bank is currently ranked the seventh-largest equities brokerage by trading value, having managed trades worth about RM20bil year to date, or a 5.6% market share.
06/11/2012
Total values reached $3.2 billion, and increase of 49 percent compared to the same period last year and the number of deals was 2,657, up 69 percent compared to the first quarter of 2011.
06/11/2012
Al Salam Bank BSC (SALAM) acquired about 90 percent of Bahrain Saudi in 2009. The banks completed the legal requirements for the merger on April 25, according to the statement.
06/06/2012
China is the one of the most active markets in foreign exchange realm and it is apt for the leading player in the business to start its retail operations here. With this move, the world’s most populous country became the latest and a major link in t
06/01/2012
The Dubai government will partly guarantee the $1 billion loan which DIFC Investments will use to repay its $1.25 billion Islamic bond maturing in June, two sources said on Thursday.
06/01/2012
Making the announcement, the company cited Bahrain's availability of qualified and motivated workforce as one of the reasons behind its decision.
05/30/2012
The agreement aims to promote and facilitate trade, investment and other opportunities between Dubai and Australia, said a DIFC statement.