Hedge Funds & Alternative Investments Archives - Page 751 of 1042

Two of the Middle East’s Biggest Banks Have Partnered on a Blockchain Project

October 19, 2016

Another pair of banks just announced their adoption of blockchain, the newly emerging technology that powers bitcoin. Emirates NBD, Dubai’s…

Financial Results

Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh

October 19, 2016

Samba Financial Group became the latest Saudi bank to report a drop in third quarter earnings, as the kingdom's thirdlargest…

Hedge Funds & Alternative Investments

Saudi Arabia Plans Debut Bond Sale to Shore Up Finances

October 19, 2016

Saudi Arabia is set to sell its debut international bond this week after meeting with potential investors, people familiar with…

Hedge Funds & Alternative Investments

Kuwait's Warba Bank about to issue up to $250 mln sukuk -sources

October 18, 2016

Kuwait's Warba Bank is about to issue up to $250 million of Islamic bonds to boost its Tier 1 capital,…

Financial Results

Kuwait's NBK net profit soars in third quarter

October 18, 2016

National Bank of Kuwait, the emirate's largest lender, said on Monday its third quarter net profit rose 6.5 percent mainly…

Financial Results

Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak

October 18, 2016

Saudi Arabia's stock market fell on Monday after another set of disappointing third quarter earnings, while other markets in the…

Executive Moves

Ex-Credit Suisse hedge fund banking boss joins RBC

October 18, 2016

A seasoned banker, who has spent the past five years of a more than two-decade career at Credit Suisse advising…

Hedge Funds & Alternative Investments

Emirates NBD Asset Management Signs Agreement with UTI International for Indian Funds

October 18, 2016

Emirates NBD Asset Management today announced its collaboration with UTI International, one of India’s largest money managers. The agreement aims…

Financial Results

Mid East Stocks Third Quarter Bank Results May Weigh on Gulf

October 17, 2016

Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…

Hedge Funds & Alternative Investments

Alba Successfully Closes $1.5 Billion Syndicated Loan

October 17, 2016

Aluminium Bahrain B.S.C., home-base of the Line 6 Expansion Project, is pleased to announce the successful closing for its…

FinTech

Abu Dhabi Securities Exchange launches blockchain for E- voting service at GITEX, the first ot its kind in MENA region financial markets

October 17, 2016

Abu Dhabi Securities Exchange will announce today in GITEX Tech Week its launch of Blockchain technology for eVoting services. …

Comment & Analysis

British expats in UAE ready to cash in on weak pound again as remittances surge

October 17, 2016

British expats across the region will be getting ready to cash in on renewed sterling weakness if the pound comes…

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