QBG-Geojit to start operation this month
A joint venture brokerage firm promoted by Geojit BNP Paribas Financial Services, Qurum Business Group (QBG) and National Securities, will…
Hedge Funds & Alternative Investments
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Abu Dhabi foreign assets worth at least $300bn
Foreign assets held by Abu Dhabi's sovereign wealth fund are estimated to be at least $300bn, making it the second…
Record Islamic finance deal agreed in in Turkey
Al Baraka Turk Participation Bank, the Turkish subsidiary of Bahrain-based Al Baraka Banking Group, has concluded a record Islamic…
UAE's Essdar Capital in management buy-out deal
Essdar Capital Ltd, an advisory and investment firm backed by Abu Dhabi royals, said its management bought out its…
Qatar bank acquires two London properties
Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square…
PineBridge Appoints ME COO
PineBridge Investments Middle East has announced the appointment of Arun Kumar as Chief Operating Officer and Janick Fierens as Managing…
Lebanon's Aksys Capital and Abu Dhabi's ADS Securities sign cooperation agreement
Aksys Capital has announced a cooperation agreement with ADS Securities to bring further benefits to Forex and Bullion traders,…
Trafigura gets $400 mln loan from Mideast banks-sources
Commodities trader Trafigura has taken a $400 million loan from a group of Middle Eastern banks, as the group looks…
Oil gains on Middle East tensions not yet enough to threaten global growth – Coutts
The heightened risk of Israel acting unilaterally against the threat of Iranian nuclear weapons has driven the oil price…
Jordan War Talk Hurts Real Estate Sector
Jordan’s once booming real estate sector is struggling under political and economic uncertainty while, citing the crisis in neighboring…
Fifth of UAE bank assets exposed to property – cen bank
More than a fifth of UAE banks’ assets are exposed to the Gulf state’s real estate market, a report published…
Bank of London and the Middle East trebles fee income
Bank of London and The Middle East has announced its financial results for the six months ended 30th June 2012.…