KPMG appoints Richard Clarke as Head of Deal Advisory
Leading global audit, tax and advisory services firm KPMGannounced today the appointment of Richard Clarke as Head of its Deal Advisory practice…
Hedge Funds & Alternative Investments
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Qatar- KKR fourth quarter profit quadruples
KKR & Co. said fourth-quarter profit more than quadrupled as it sold its final stake in Walgreens Boots Alliance Inc.,…
UNB profits down 15% amid tighter liquidity
Union National Bank (UNB) reported on Tuesday Dh1.57 billion in net profit for the full year 2016, marking a 15…
Al Ghurair International Exchange launches IMPS service for Indian customers in UAE
Al Ghurair International Exchange, the UAE-based foreign exchange and worldwide Money Transfer Company, has announced the launch of the immediate…
Al Hilal Global Sukuk Fund delivers 3.83 per cent dividend
Al Hilal Bank announced the dividend payout of its flagship fund, Al Hilal Global Sukuk Fund. The Fund, which…
The Promise of Middle East Sovereign Wealth Funds
A decade ago, sovereign wealth funds from the Middle East and North Africa were the behemoths arriving on the global…
EBRD discussing co-investments with Gulf sovereign funds
The European Bank for Reconstruction and Development is in talks with Gulf sovereign wealth funds to invest jointly, and hopes…
A right royal play for Aussie fashion stable
THE Qatari Royal Family, owner of British department store Harrods, has turned its attention to Australia. It has lobbed…
Bahrain's Investcorp H1 net income falls 30 pct
Bahrain-based alternative investment fund Investcorp posted a 30 percent decrease in first-half net profit on Thursday. Profit fell to…
Saudi Sovereign-Wealth Fund Hires Stock-and-Bond Chief
Saudi Arabia has hired a European banking veteran as the new stock-and-bond chief for its sovereign-wealth fund, a key step…
Halic Leasing widens Turkey's Islamic finance market
Istanbul-based Halic Leasing is expanding its sharia-compliant business portfolio to tap demand from small businesses, the latest sign that Turkey's…
Aramco's Fee Squeeze
A boutique U.S. financial firm has just nailed the most coveted investment banking advisory job in the Middle East. …