HSBC To Merge Omani Business With Oman International Bank
HSBC Holdings said Wednesday it is merging its Omani operations with local lender Oman International Bank to create the sultanate's…
Hedge Funds & Alternative Investments
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The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.05% in March
The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 0.05% for the month of March. Performance…
Qatar sovereign fund to buy hotels in Sardinia
Qatar Holding, the investment arm of the gas-rich Gulf nation’s sovereign wealth fund, is set to unveil a deal in…
Nakheel profit surges 33%
Property developer Nakheel posted a net profit of Dh1.3 billion for the financial year ending December 31, 2011 reflecting an…
Saudi Oil-Led Growth Lures StanChart as Barclays Targets Wealthy
Standard Chartered and Barclays are expanding in Saudi Arabia as oil above $100 a barrel and record bond sales bolster…
Oman might issue $518 million sovereign debt: central bank chief
Oman’s economy is robust and expected to grow by 5 percent this year, the Gulf Arab country’s central bank head…
Burgan Bank co-lead manager in Alargan bond issue
Burgan Bank recently acted as a co-lead manager in a KD 26.5 million covered bond issue for Alargan International Real…
Middle Eastern Buying Spree Changes European Soccer Landscape – Analysis
A Middle Eastern soccer-focused buying spree is changing the European football landscape even if the jury is still out on…
Emirates NBD AM offers improved liquidity terms on Fixed Income Fund range
Emirates NBD Asset Management has announced that its Emirates MENA Fixed Income Fund had moved to daily trading from March…
Legatum buys DIFC Precinct Building 6
The Legatum Group, a Dubai-based private investment firm, has acquired Precinct Building 6, which is at core of the Dubai…
Shuaa appoints former ABN Amro exec as CEO
Shuaa Capital, the struggling Dubai-based investment bank, on Tuesday named a former ABN Amro banker as its new chief executive,…
Why is Turkey Turning to Gold?
Turkey's central bank last week raised the proportion of domestic currency reserves banks can hold as Gold Bullion – while…