NCB Capital to Boost Global Investment With TCW, Amundi
NCB Capital, a Saudi Arabian investment company with 44 billion riyals ($11.7 billion) of assets, is expanding outside of the…
Hedge Funds & Alternative Investments
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Saxo Bank (Dubai) Wins Banker Middle East Award
Saxo Bank (Dubai) Ltd, the online trading and investment specialist, won the Banker Middle East's 'Best FX platform' product award…
Saudi's NCB Capital will launch four funds this year
Saudi Arabia's NCB Capital, the investment arm of the kingdom's biggest bank by assets, plans to launch four investment funds…
Dow Jones Credit Suisse Hedge Fund Index up 1.61% in February
The Dow Jones Credit Suisse Hedge Fund Index finished up 1.61% in February. A new monthly commentary offers insight into…
Kuwait Finance House Plans to Restructure, Sell Units, KUNA Says
Chief Executive Officer of Kuwait Finance House (KFH) Mohammad Al-Omar unveiled Monday plans to restructure, merge or sell unprofitable affiliates…
Abu Dhabi royals involved in RBS talks
Talks to sell a stake in Britain's state-owned Royal Bank of Scotland are being held at the level of the…
MF Global’s CEO ordered funds moved to JPMorgan
MF Global Holding Ltd chief executive officer Jon Corzine gave “direct instructions” to transfer US$200 million from a customer fund…
EFG Hermes and QInvest Look to Create Strategic Alliance
EFG Hermes Holding S.A.E and QInvest have announced that they have agreed to explore a potential strategic alliance. The aim…
Germany's Gothaer eyes Turkish insurer: sources
Germany's Gothaer Insurance Group is in talks to buy a majority stake in Turkish insurer Isik Sigorta from Bank Asya…
Abu Dhabi's Finance House to buy CAPM – sources
Abu Dhabi-listed Finance House is to buy privately-owned investment bank CAPM Investment to expand into investment banking and asset management,…
ADS Securities Applies for License to Trade Stocks in Abu Dhabi
ADS Securities, an Abu Dhabi-based foreign exchange and commodities brokerage, is applying for a stock-trading license as markets in the…
Emirates NBD launches $1bn five-year bond
Emirates NBD, Dubai's biggest bank, launched a $1bn five-year bond on Wednesday, joining other Gulf borrowers that have taken advantage…