Banks hold back Saudi index as nearby markets tick higher
Banks were the main drag on Saudi Arabia's stock market on Monday as investors grew wary before second-quarter financial results,…
Hedge Funds & Alternative Investments
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Every Banker in the World Is Chasing the Saudi Aramco Deal
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the…
Bahrain Institute of Banking and Finance deputy director addresses banking gathering in Jeddah
The Bahrain Institute of Banking and Finance recently participated in the 31st meeting of the Gulf Cooperation Council Commission of…
Dubai Prime-Residential Market outperforms overall market in Q1 2016
The prime-residential market in Dubai beat the overall residential market by nearly doubling in volume of sales from the fourth…
SAS extends partnership with RAKBANK for Analytics solutions to deliver efficient marketing strategies
After the successful collaboration and implementation of anti-money laundering (AML) solution in 2015, SAS, the leader in analytics, and RAKBANK,…
Fitch downgrades Bahrain's credit rating
Fitch Ratings agency on Tuesday downgraded Bahrain's long term credit outlook to a non-investor level, making it the first Gulf…
Dubai Financial Market Welcomes The Listing Of Afkar Capital’s Exchange-Traded Fund
Dubai Financial Market today welcomed the listing of Afkar Capital’s Exchange Traded Fund, under the trading symbol “UAETF”. The…
Cayan Signs Agreement with Bidaya Home Finance
Cayan Group, the leading property developer in the Middle East, recently signed an agreement with Bidaya Home Finance in Saudi…
CI: Proposed merger of NBAD and First Gulf Bank to have favourable credit implications
The proposed merger of two major UAE banks, the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB),…
United Arab Emirates to Merge 2 Abu Dhabi Investment Funds
A top United Arab Emirates official ordered the merger of two prominent government wealth funds on Wednesday, streamlining the country's…
Qannas Investments reports on 'challeging year'
Emerging markets investing company Qannas Investments reported on what it called a “challenging” 2015 calendar year on Wednesday, posting losses…
Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout
Middle Eastern stocks followed declines across global markets as investors sought answers to how Britain’s decision to leave the European…