Treasury to take over Turkey’s largest listed bank, Erdogan says
Turkish President Recep Tayyip Erdogan said the Treasury would take over Istanbul-based Isbank, sending the private lender’s shares plunging. …
Hedge Funds & Alternative Investments
12529 articles found
Bank lending remains key financing tool in GCC: NBK
Bank lending is still a leading financing instrument for megaprojects in the GCC countries, general manager of foreign corporate, oil…
Liechtenstein-Based Crypto Fund Manager Receives Backing from Dubai Royal
Dubai royal and Emirates Group chairman Sheikh Ahmed bin Al Maktoum is backing Lichtenstein-based cryptocurrency fund manager Invao, according to…
Bob Diamond steps down as chair of African banking group Atlas
Former Barclays chief executive Bob Diamond stepped down as chairman of Atlas Mara as the pan-African banking group he founded…
How the extended cycle is impacting sovereign wealth fund spending
A major player in commercial real estate markets, Middle Eastern sovereign wealth funds are facing a challenging late-cycle investment environment…
Investcorp posts 5pc increase in net income
Investcorp has announced a net income of $58 million for the first six months of its fiscal year (H1 FY19)…
Abu Dhabi’s FAB surges as it seeks more foreign investment
First Abu Dhabi Bank (FAB) PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit…
UAE investors ‘optimistic towards growth’
A quarter (24 per cent) of investors in the UAE expect returns exceeding 10 per cent and just 7 per…
Dubai Finally Unlocks $500m In Frozen Funds, Ending 15-Month Dispute With Kuwaiti Investment Firm
The Dubai authorities have approved the release of $496m belonging to a Middle East investment firm that has been frozen…
Global asset manager troubles set to continue
Global asset managers, especially diversified firms, benefited greatly from the economic and financial environment of the last several decades. …
Kuwait Finance House introduces country's first banking robot
Kuwait Finance House (KFH) introduced the country's first ever banking robot to mark a historic development in the sector. …
Central bankers’ hunger for gold could signal price turnaround
Slowing global growth, a weaker US dollar and a drive by central banks to expand the amount of gold they…