LGIM appoints head of Middle East
Noareen Raja has been hired by Legal & General Investment Management (LGIM) as the asset manager’s new head of Middle…
Hedge Funds & Alternative Investments
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Why Banks in Morocco Are Spreading the Wealth Around Africa
A new source of foreign direct investment is emerging in many sub-Saharan African nations: the kingdom of Morocco, situated right…
The UAE for OAPs: Dubai is offering residency to foreign pensioners
Debbie Reynolds never imagined she would retire to Dubai. The 55-year-old from Portsmouth has lived in the emirate on and…
Golden Gate inks escrow account deal with KHCB
Golden Gate Developers, a joint venture between Kooheji Golden Gate and Indian real estate groups Ajmera and Mayfair Housing, has…
How is Qatar coping with its economic embargo?
When four of Qatar's neighbours hit it with an economic and diplomatic embargo back in June 2017, one expert says…
Nasdaq Dubai launches Saudi equity futures
Nasdaq Dubai on Wednesday launched futures trading on 12 Saudi companies' shares with a combined market capitalisation of $212 billion…
Too many expats in UAE still view advisers as untrustworthy
The financial advisory community in the UAE is embarking on a new course in 2019 in line with the fast-changing…
Man Group to fight $156m Kuwaiti lawsuit
A Kuwaiti state pension fund is suing Man Group, the UK alternative investment manager, in a UK court for $156m.…
Dubai Land Department signs deal with ADIB
Dubai Land Department (DLD) recently signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for…
Annual Meeting Of Arab Finance Deputies Starts In Abu Dhabi
The two-day Fourth Arab Finance Deputies meeting, organised by the Arab Monetary Fund, started in Abu Dhabi today to lay…
Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Commercial Bank of Dubai, which lent around $170m to Abraaj, will take stakes in the troubled private equity firm’s funds…
UAE to grow 3% in 2019: WB
The UAE's gross domestic product (GDP) will maintain its strong growth in 2019 and the next two years, helped by…