Middle East funds most bullish about Egypt equities, shows survey
lmost half of a sample of Middle East-based fund managers expect to raise equity allocations to Egypt in the next…
Comment & Analysis
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Abu Dhabi Islamic Bank PJSC : Motivated to make a change
Her bank was reluctant to provide a loan – 'we have to wait for this, we have to wait for…
2014 to be toughest year for Turkish banks: Garanti CEO
A tough year lies ahead for Turkish lenders because of the challenges expected to erupt with the U.S. Fed’s plan…
Fitch Upgrades Arab Banking Corporation's Credit Ratings
The international credit rating agency Fitch Ratings has recently upgraded Arab Banking Corporation 's ( ABC ) Long-Term Issuer Default…
Kuwait Ranks 3rd Among ME Billionaires
The Wealth-X and UBS Billionaire Census 2013 ranked Kuwait as third in the Middle East in terms of the number…
GCC Islamic finance set for robust growth
The global Islamic finance sector is booming and the Sharia-compliant assets estimated to be over $1.4 trillion are likely to…
Reform Moves Raise Fund Managers' Optimism
Firms welcome initiatives aimed at opening markets to greater foreign participation and bolstering governance and transparency. When it comes to…
Kuwait's bank credit growth sees strongest month in 5 yrs
Credit growth exceeded expectations in October, recording the largest monthly gain in five years. The non-financial sector drove the increase…
UAE and Gulf finance chiefs more optimistic than regional and global counterparts
Chief financial officers based in the Gulf countries are more optimistic about the financial outlook, cashflows and organic growth of…
Saudi Arabia Takes a Bigger Share of Global Islamic Assets
Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013, according to EY’s latest World…
UAE, five other nations control 80% of Islamic banking assets
Global Islamic banking assets seen reaching $1.72 trillion in 2013 Global Islamic banking assets with commercial banks are expected…
EY's latest World Islamic Banking Competitiveness Report 2013–14
Global Islamic banking assets with commercial banks are expected to reach $1.72 trillion in 2013, according to EY's latest World…