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…
Hedge Funds & Alternative Investments
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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…
Antigua and Barbuda to be potential investment hub for Middle East investors
Antigua and Barbuda’s long-term political and economic stability will see the nation witness a significant boost in investment and travel…
Emerging markets’ economic woes to keep sukuk issuance low
Global sukuk issuance has been moderating since 2015 is expected to remain subdued this year and in 2017 according to…
Mideast Stocks-Saudi Arabia, Qatar move little in thin trade
Stock markets in Saudi Arabia and Qatar moved little in thin trade early on Sunday with most bourses in the…
Sweden seeks strategic partnerships with Qatar
A renowned Swedish professor has met with officials from Qatar’s financial and education sectors in a bid to create strategic…
More UAE investors change expectations on returns amid rising risks
Majority of the investors in the UAE have raised their expectations marginally in terms of returns even as they become…
German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry
German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry executives keen to rebuild trade…
Oman outperforms GCC in converting growth into well-being, says BCG report
A new report by the Boston Consulting Group revealed that when it comes to its current-level Sustainable Economic Development Assessment…
ADFD becomes a founding member at Lives and Livelihoods Fund, commits AED 180 mn
The Abu Dhabi Fund for Development signed an agreement with the Islamic Development Bank to become a founding member of…
Unstable performance of KSE indices last week
Indices of Kuwait Stock Exchange kept an unstable performance during the last week of Q3 2016, with no attempts to…