Liverpool FC in Middle East takeover bid, says report
Liverpool FC could soon have new owners from the Middle East, according to a report in British media which says…
Hedge Funds & Alternative Investments
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Gulf markets retreat as oil tumbles again; Egypt ends flat
Gulf stock markets retreated on Sunday after Brent crude oil pulled back below $39 a barrel, while Egypt's bourse erased…
S&P takes rare step to explain Saudi banking downgrades
Standard & Poor’s has defended its credit downgrades of five of Saudi Arabia’s biggest banks, saying that more than a…
ADIB releases outlook on regional and global investment climate
Mohammed Azab, Head of Private Banking, and Shahzad Ali, Head of Investment Advisory (Private Banking), presented the outlook to 100…
Friends Provident International appoints Philip Cernik as Chief Marketing Officer, MEA
Friends Provident International has appointed Philip Cernik as Chief Marketing Officer for the Middle East and Africa region. Cernik, who…
‘Oasis of Innovation in Islamic Economy’ digital portal launched
The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority officially launched today the digital portal of…
Libya asks UN to ease wealth fund sanctions
Libya on Thursday asked the UN Security Council to allow its sovereign wealth fund to manage accounts frozen under UN…
Abu Dhabi developer reveals plans for UAE's largest aquarium
It will be built on 2.4km of waterside land in the Maqta area of the city under a musataha agreement…
GlobeOp Founder Returns to SS&C
SS&C Technologies has announced the appointment of Ron Tannenbaum as Managing Director of Business Development for Europe, Middle East, and…
GCC has enough levers to pull to avoid crisis
According to Gary Dugan, chief investment officer — Private Banking at Emirates NBD, these levers include reserves and assets that…
HSBC Among Banks Lending Bahrain $570 Million for Energy
Bahrain’s oil investment company Nogaholding is taking a $570 million Islamic loan to pay for expansion projects, including improvements to…
Iran paves way for corporates with lease-based Islamic bonds
Iran's Ministry of Finance has issued 5 trillion rials ($145 million at the free market exchange rate) of lease-based Islamic…