Jordan's Housing Bank says 2014 net profit up 16 pct
Jordan's Housing Bank for Trade and Finance has reported a 16 percent rise in full-year net profit to 123.9 million…
Hedge Funds & Alternative Investments
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Regulation, tight pricing overshadow Gulf’s capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
Big UAE banks to benefit from $14.6bn Dubai World debt restructuring
The UAE’s big banks are set to receive a boost from the restructuring of $14.6 billion of Dubai World debt.…
New rules to align UAE insurers with European solvency requirements
The United Arab Emirates Insurance Authority has issued new rules for conventional and Islamic insurance (takaful) firms, clarifying policyholders' rights…
Big Saudi firms to pay bonuses
Several of Saudi Arabia’s largest listed companies said they would pay out hundreds of millions of dollars in bonuses, days…
SHUAA makes it four in a row with MENA FM's Best UAE Equity Fund
SHUAA is pleased to announce its Emirates Gateway Fund has been awarded Best UAE Equity Fund 2014 in the category…
Saraya Bandar Jissah signs financing pact with Bank of Beirut
Saraya Bandar Jissah, the company developing Oman`s newest Integrated Tourism Complex (ITC) in Muscat, have partnered with the Bank of…
Generali partners with Rakbank to sell its products into the UAE
Assicurazioni Generali has signed a bancassurance agreement with the National Bank of Ras Al-Khaimah in the United Arab Emirate. …
FGB net profit rises 13pc
First Gulf Bank (FGB), the third-largest lender in the UAE by assets, beat analysts estimates yesterday after posting a 13…
At 30,000 crore, Indians, the biggest foreign investors in real estate sector of Dubai
The Dubai land department released the figures last week, stating that Indians were the highest value foreign investors, making 7,353…
New Qualification Framework For Finance Professionals Eyed
The Chartered Institute for Securities & Investment (CISI) has signed a Memorandum of Understanding (MoU) with the Kuwait Capital Markets…
RQFII quota tipped for Dubai, Africa, LatAm
An expansion of China's renminbi qualified foreign institutional investor (RQFII) scheme this year will see the scheme expand to up…