AAIB recognized as best investment bank in Egypt
The Arab African International Bank (AAIB) has been recognized by New York-based Global Finance magazine as the best investment bank…
Comment & Analysis
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Gulf expatriates failing to save for retirement
Gulf expatriates are failing to save enough for their future, thanks to the region’s “spend culture” and a lack of…
Islamic investment grows to over $1.5 trillion said Al Baker
Islamic compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic…
Islamic fund assets grew 7.6% last year
Islamic fund assets under management (AuM) grew by 7.6 per cent to $58 billion (Dh213 billion) in 2010, up from…
GCC Sovereign Wealth Funds monitor European opportunities
The eurozone is in crisis, and many expect that Middle East money will be used to help bail out struggling…
Standard & Poor's Names Middle East Manager
Standard & Poor's today announced the appointment of Stuart Anderson as Regional Manager for Standard & Poor's in the Middle…
Meet The World's Richest Billionaire Hedge Fund Managers
The 30th annual Forbes 400 list of billionaires is out. The number of hedge fund managers on the list jumped…
Capital flight from Egypt and Libya hit $8 billion during Arab Spring
The Arab Spring drained more than US$8.6 billion (Dh31.58bn) in bank deposits from Egypt and Libya in the first three…
Global investment banks cutting back Middle Eastern operations
Leading global investment banks, including Credit Suisse AG, are cutting research staff in the Middle East to save costs amid…
Banks focus on Asia and Africa for growth opportunities
In a survey of 200 bank executives* at a series of events in Dubai, Singapore, London and Frankfurt that concluded…
Oman launches Corporate Governance Excellence Award Competition 2011
After the success of the last year Corporate Governance Excellence Award Competition, 2010 and the positive responses Oman Centre for…
International links to boost Turkey’s Islamic banks?
Turkey’s Islamic banking sector has grown strongly over the past five years, with total sector assets accounting for about five…