Eurobank sells Turkey unit
Eurobank, one of Greece's major banks with Bulgarian subsidiaries, announced it is about to sell its 70% stake in Turkish…
Hedge Funds & Alternative Investments
12529 articles found
Saudi overtakes UAE to become largest sukuk issuer in Gulf
Saudi Arabia overtook UAE to become the largest issuer of sukuk in the first quarter of 2012 in the GCC,…
HSBC expects big business on Gulf bonds
HSBC Holdings, the Gulf’s top bond underwriter so far this year, has “multiple dozens” of debt-sale mandates as borrowers take…
Dubai International Capital strikes US$2.5bn debt deal
Dubai International Capital (DIC), the private equity arm of Dubai Holding, has sealed a deal with creditors to restructure around…
Banks vie for role in Abu Dhabi property merger
Global banks, including the likes of Goldman Sachs and JP Morgan Chase, are jostling to win the advisory mandate for…
Swiss company to start operating in DIFC
Swiss Re Corporate Solutions announced today that it has received a licence from the Dubai Financial Services Authority (DFSA) to…
DMCC to host precious metals summit
The Dubai Multi Commodities Centre (DMCC) will host a conference on precious metals in Dubai, to discuss trends and latest…
Barwa Bank wins two awards at Dubai meet
Barwa Bank Group has been named the winner of Best Insurance Product and Best SME Customer Service at the Banker…
NBAD (Mizaat) Named Best Regional Investment Fund
The National Bank of Abu Dhabi's (NBAD) UAE Distribution Fund (Mizaat) has been named the Best Regional Investment Fund in…
Arcstone Capital Signs Investment Marketing and Capital Raising Agreement with Royal Investment Bank
Royal Investment Bank Limited has signed an investment marketing & capital raising agreement with Arcstone Capital to provide Middle Eastern…
Investing in the art market
After losing more than 50 per cent of its value during the recent economic downturn, the global art market saw…
GCC bank provisions soar 59% in Q4
Banks in Gulf oil producers are pushing ahead with a drive to build up loan loss provisions in the wake…