Nigeria welcomes Islamic Bank infrastructure financing offer
President Muhammadu Buhari Thursday in Mecca welcomed an offer by the Islamic Development Bank, IDB, to organize a financing round-table…
Hedge Funds & Alternative Investments
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5th Euromoney GCC Financial Forum kicks off
The 5th Euromoney GCC Financial Forum, co-hosted by Bahrain Economic Development Board kicked off today on a high note in…
Dubai property remains attractive for Pakistanis
Pakistanis were ranked among major investors in the Dubai real estate industry (in the non-Arab foreign investor category) in the…
Bahrain reopens cancelled bond sale
Bahrain has revived a cancelled sale of dollar-denominated debt as the tiny Gulf kingdom struggles to repair confidence in its…
Cash is a safe bet, cautious ADCB tells wealthy clients
Rich clients increasingly prefer to sit on cash as the turmoil in global financial markets continues unabated, says Abu Dhabi…
Open the door to Islamic home finance
Discussions have been rife in the past whether Islamic home financing is “better” than a conventional mortgage to buy property. …
Bahrain braves market return
The Middle East has provided the only source of CEEMEA supply so far this week. Bahrain bounced back to…
Janus Capital appoints head of EMEA
Justice, who will be based in London, was previously head of strategic initiatives for the Asia Pacific region as well…
ICBC plans benchmark dollar bond issue through Dubai branch – sources
Industrial and Commercial Bank of China, the country's largest bank by assets, is planning to issue a U.S. dollar-denominated bond…
Hometown Fund Management and Gateway Investment Management Services to launch second Fund
The fund is designed to contribute to Dubai’s booming hospitality market through investment in a diversified portfolio of grade A…
GCC states must cut spending further, impose VAT to cope with low oil – IMF
Gulf Cooperation Council countries must reduce state spending even further and implement taxes to cope with the period of low…
BNP Joins Schroder Taking Indonesia's Islamic Stock Funds Global
BNP Paribas SA, Manulife Asset Management and Schroder Investment Management Ltd. have set up global Islamic stock funds in Indonesia,…