Swiss private bank Falcon says not for sale
Switzerland's Falcon Private Bank is not up for sale, the bank said on Wednesday, knocking down a media report its…
Hedge Funds & Alternative Investments
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Bahrain foreign reserves halve since 2014 as oil slumps
Bahrain's foreign reserves have more than halved since the end of 2014 as low oil prices slash the value of…
Qatari buys Banif to set up private banking
One of the largest private companies in Qatar, Al Faisal Holdings, has bought Banif Portugal group’s 78.6 per cent shareholding…
New Dubai property venture to create homes for millennials
The Zaal family is a name to reckon with in the UAE property circles: they have conceptualised and created two…
Turkish unemployment rate seen higher than 10 percent until 2019 – programme
Turkey's unemployment rate is forecast to be 10.5 percent this year, remaining above 10 percent the next two years before…
Mideast Stocks-Telecoms help Saudi rebound, rest of region quiet
Strong telecommunications shares helped Saudi Arabia's stock market rebound on Tuesday after steep losses due to the kingdom's austerity policies,…
GCC Debt market still looks good, but…
Research by Fisch Asset Management, one of the world’s leading credit analysis and convertible bond specialists, has shown a clear…
Internet of Things fuels digital revolution and the future of Middle East building management, says Honeywell
Building operators are under increased pressure to make their facilities safer, more comfortable and more efficient, all while reducing operating…
Q1 remittance falls by 18pc
Remittance flow into the country dropped nearly 18 per cent to US$3.23 billion in the first quarter of the current…
Provisca hires heavy hitter Middle East director
Provisca, the international distribution business launched in August, has named Richard Williams as its first regional director with a brief…
UAE's Union National Bank (UNB) issues $600mln 5-year senior unsecured bond in first bank public offering from Abu Dhabi bank in 2016.
Union National Bank P.J.S.C., rated A+ by Fitch and A1 (neg) by Moody's , owned 50% by the Government of…
The NBAD-FGB union cannot be a one-off
Calls for mergers in the UAE’s banking sector have long been made given the existence of a relatively large number…