Lebanon advisers to ‘work on compromise’ on financial plan
Lebanon’s financial adviser Lazard will see if a government financial rescue plan can be adjusted to reach a compromise workable…
Hedge Funds & Alternative Investments
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Smart robotics can transform Middle East’s $17bn supply chain
This pandemic period has made it apparent that being reliant on a few countries for production means that when the…
Sukuk Market Developing Fastest in Saudi Arabia
A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017 with the aim to…
Emerging Markets in Search of a Fresh Impetus
EM equities and bonds have stalled in recent day Recovery prospects for some EMs have been dimmed by poor virus…
UAE’s personal wealth shoots past $400 billion mark
Personal wealth held by UAE residents surged to $400 billion between 2014 and 2019, with 48.5 per cent of it…
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
The Capital Market Authority (CMA) recently announced that it has come to the resolution to authorise BNY Mellon Saudi Financial…
Kuwait banking sector to remain stable, strength depends on length of crisis – c.bank
Kuwait's banking sector is expected to remain stable to a large degree, the central bank governor said in a report…
Ahlibank posts half-yearly net profit of QR294mn
Ahlibank has posted a net profit of QR294mn for the first six months of the year (H1) that ended in…
Turkish central bank to stay on hold amid inflation risks
Following a surprising end to its long rate cutting cycle, which started in mid-2019 with the objective of lowering the…
Saudi economy likely worse in Q2 despite June improvement – c.bank governor
Saudi Arabia's economy likely deteriorated more in the second quarter than in the first three months of the year, the…
UAE advice firm agrees second merger in a month
Newly-merged global financial advisory business AHR Private Wealth has agreed an M&A deal with London-headquartered AXG Group, subject to regulatory…
T Rowe names two new lead managers in EMEA team reshuffle
T Rowe Price has made three key promotions in its investment team for the Europe, Middle East and Africa (EMEA)…