Egypt turning towards to China for investment
The presence of Chad and Senegal at the G20 summit in Hangzhou, China, was a given, as the former is…
Hedge Funds & Alternative Investments
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3 reasons the emerging market rally is not over yet
Emerging markets have outperformed sharply so far in 2016. Within currency market, the Brazilian real, Russian ruble, and South African…
Saudi woos bond investors but mum on oil
For Saudi Arabia, some things are better left unsaid. As they swapped their traditional white robes for business suits and…
Two of the Middle East’s Biggest Banks Have Partnered on a Blockchain Project
Another pair of banks just announced their adoption of blockchain, the newly emerging technology that powers bitcoin. Emirates NBD, Dubai’s…
Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh
Samba Financial Group became the latest Saudi bank to report a drop in third quarter earnings, as the kingdom's thirdlargest…
Saudi Arabia Plans Debut Bond Sale to Shore Up Finances
Saudi Arabia is set to sell its debut international bond this week after meeting with potential investors, people familiar with…
Kuwait's Warba Bank about to issue up to $250 mln sukuk -sources
Kuwait's Warba Bank is about to issue up to $250 million of Islamic bonds to boost its Tier 1 capital,…
Kuwait's NBK net profit soars in third quarter
National Bank of Kuwait, the emirate's largest lender, said on Monday its third quarter net profit rose 6.5 percent mainly…
Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak
Saudi Arabia's stock market fell on Monday after another set of disappointing third quarter earnings, while other markets in the…
Ex-Credit Suisse hedge fund banking boss joins RBC
A seasoned banker, who has spent the past five years of a more than two-decade career at Credit Suisse advising…
Emirates NBD Asset Management Signs Agreement with UTI International for Indian Funds
Emirates NBD Asset Management today announced its collaboration with UTI International, one of India’s largest money managers. The agreement aims…
Mid East Stocks Third Quarter Bank Results May Weigh on Gulf
Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…