02/26/2013
Abu Dhabi bourse to list big private firms to lure investors
The new firms will be listed as Tier-2 stock without the need for initial public offerings (IPO), Baloushi said but did not give further details. Discussions were underway with the market regulator and he expected an approval to be given.
02/18/2013
The Dubai Financial Market General Index rose 20 per cent last year, compared with a 16 per cent drop the year before after the Arab Spring uprisings
02/18/2013
Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.
02/17/2013
The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.
02/17/2013
The awards recognize Deutsche Securities and Services excellence in providing first class innovative solutions to clients to support their needs and achieve their growth targets.
02/12/2013
The three Tokyo-based megabanks are seeking to boost lending abroad
02/10/2013
The loan is the second tranche of a $6 billion facility that the ICD raised in September 2008
02/03/2013
None of the lenders decided to take the offer before the deadline expired last month, the bankers said, asking not to be identified as talks aren’t public.
02/03/2013
Q4 net profit 183.5 million dirhams versus 92.95 million dirhams q4/11
12/27/2012
The bond issue was "nearly four times oversubscribed", Salah Al Fulaij, the chief executive of NBK Capital, said.
12/09/2012
"The worst is behind us, but there are still big challenges ahead. It all depends on the outcome,"
12/04/2012
"We can offer a variety of ETF administration solutions to support our client's unique requirements for transparency and reporting, and are delighted to continue to work with National Bank of Abu Dhabi supporting the enhancements to this landmar
12/03/2012
Dubai’s property sector is the most popular asset class for Middle Eastern investors buoyed by its improved economic outlook, stable political situation and recovering rental and values, a report said.
11/18/2012
“This transaction is in line with our investment strategy to develop hotels in selected key cities,” Prince Walid said in a company statement announcing the deal.
10/28/2012
Private equity firms in the Middle East are preparing to exit a range of investments
10/25/2012
The regional fund industry is showing greater optimism and confidence in 2012 compared with 2011, Advent Software, Inc. said in its white paper titled “Middle East Fund Survey 2012”.
10/21/2012
Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia
10/18/2012
The uncirculated notes all feature the same early serial number, which makes them even rarer, said the auction house.
10/15/2012
The Bahraini delegation comprises the CBB governor Mr. Rasheed Al-Mi'raj, the CEO director for Banking Operations in the CBB Shaikh Salman bin Isa Al Khalifa, and the EDB financial services director Boyd Winton.
10/14/2012
OLD Mutual’s US-based asset management business has accelerated plans to improve its operating margin following the announcement that it was selling five noncore affiliates for an undisclosed sum, Adrian Cloete, an equity analyst at Cadiz Asset Mana