04/16/2012
Spearheaded by gas-rich Qatar, Middle Eastern states, royals and wealthy businessmen have in recent years acquired soccer clubs and top European league broadcast rights as part of a multi-layered strategy designed to boost international images, strengthen
04/13/2012
Emirates NBD AM, the asset management arm of Emirates NBD, a leading bank in the region, also announced a series of enhancements to its fund range.
04/11/2012
The building, positioned between the DIFC Gate building and Emirates Towers, has 128,000 square feet of space and was bought from an unnamed private investor.
04/11/2012
The award recognized Deutsche Bank’s support through its Middle East Foundation for Art initiatives in the United Arab Emirates and particularly in Dubai. In 2011, Deutsche Bank sponsored many art projects including an open air display of 25 balanc
04/04/2012
Abu Dhabi is contemplating merging local developers Aldar Properties and Sorouh Real Estate in a state-backed tie-up that could create a company worth some $15 billion in assets.
04/03/2012
The Dubai branch will initially focus on offering specialty risk solutions to corporate clients in the Energy, Power, Engineering, Construction and General Aviation (airports, airport-related services and business jets) industries in the Middle East, DIFC
04/03/2012
The inaugural Dubai Precious Metals Conference (DPMC), organised in association with Foretell Business Solutions, one of India's leading commodities research firms, will be held on the April 29 and 30 at the Almas Tower in the Jumeirah Lakes Towers F
04/02/2012
In addition, Asset Management Group was awarded Best Investment Product in the prestigious Banker Middle East Products Award 2011 organised by Banker Middle East magazine.
03/30/2012
Lars Pampel, Director of Investor Relations (Alternative Investments) at Royal Investment Bank Limited, said that Arcstone Capital’s investment offering was a good fit for the Bank’s portfolio of funds, as the Passage To India Fund provided in
03/29/2012
NCB Capital plans to start two funds in the second half of 2012 pending regulatory approval managed by TCW and Amundi, said Chief Investment Officer Faysal Badran.
03/28/2012
Saxo Bank (Dubai) Ltd, the online trading and investment specialist, won the Banker Middle East's 'Best FX platform' product award at a ceremony held on Tuesday evening at the Emirates Towers.
03/27/2012
Jawdat Al Halabi said the National Commercial Bank unit, which has 44 billion Saudi riyals (Dh43 billion) in assets under management, will launch the funds in the second half of the year, with two aimed at foreign markets and two domestically focused.
03/27/2012
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 1.61%; with 9 out of 10 strategies in positive territory;
03/26/2012
The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says.
03/26/2012
Dar Al Sharia said it will help Bank Sohar to bring authentic Sharia-compliant banking products and services to customers in Oman.
03/26/2012
EFG Hermes Holding S.A.E and QInvest have announced that they have agreed to explore a potential strategic alliance.
03/23/2012
Under an agreement between the two parties, Finance House will acquire CAPM's investment banking and asset management licence, offering a premium of between 5 to 10 percent to the value of those businesses, one of the sources said speaking on conditi
03/23/2012
Declining stocks markets in the U.A.E. in 2011 hurt the Persian Gulf nation’s brokerages, with the number of companies slumping to 48 from 98 at the end of 2008.
03/22/2012
The lender is tapping debt markets for a third time this year to take advantage of better funding costs and liquidity which have allowed three other Gulf borrowers to announce bond plans this week.
03/21/2012
Several Qatari banks may delay or even halt plans to offer brokerage services following a recent directive from Qatar's central bank about the activities they would be allowed to carry out, sources said.