UAE Insurance Authority issues regulations to traditional and Takaful insurers
H. E. Eng. Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of the Insurance Authority said the…
Hedge Funds & Alternative Investments
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Gulf banks plan to sell bonds to boost reserves
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds. Basel III standards, now being phased…
Bahrain's Investcorp H1 net profit rises 5%
Alternative investment fund Investcorp posted a 5 percent rise in net income for the first half of its fiscal year,…
National Bank of Oman leading the digital transformation
The new site, designed for an intuitive customer-friendly experience, provides new ways for customer to interact digitally with the bank…
KAMCO Wins ‘Kuwait Asset Manager Of Year’ Award
KAMCO, a leading investment company with one of the largest AUMs in the region, announced that it has won the…
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…
DWG restructuring boosts asset quality of UAE banking sector
Emirates NBD is the biggest beneficiary of second round of restructuring that will boost asset quality across sector. The…
Union National Bank’s Itihad Fund posts 12.66% gains
Union National Bank said on Monday its Al Itihad Fund posted a performance of 12.66 per cent as of December…
Qatar entrenches UK interests
A great deal of nonsense has been heard recently about a supposed “islamification” of Europe, but while sharia law has…
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…
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.…