GFH loses appeal against Kuwait regulator monitoring
Kuwait’s Capital Markets Authority has rejected an appeal by Bahrain-based Gulf Finance House against the regulator’s decision to monitor its…
Hedge Funds & Alternative Investments
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ADIB launches Dana MasterCard in association with Emirates Business Women Council
Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, has launched a new card specifically tailored for women customers…
Islamic funds lose their lustre
Sharia-compliant funds’ asset base dropped by more than 10 per cent last year as the Islamic finance industry struggled to…
Banque du Caire earmarks USD699mn for SMEs in H2 2014
Banque du Caire, the third largest government-owned bank in Egypt, has allocated EGP 5 billion (USD 699 million) to finance…
Dubai faces moment of truth over looming property bubble
"Keep calm. There's no bubble", proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property…
First Finance Company wins "Best Business Finance Company" at The Banker Middle East Industry Awards 2014
This is the third consecutive year FFC has received award recognition from CPI Financial for its comprehensive range of Shari'ah…
UAE is No 3 choice for UK expats to live and work abroad
The UAE is ranked as the third best country for UK expats according to the NatWest International Personal Banking (NatWest…
UAE bond sales raise record $6billion
Top UAE entities have raised more than $6 billion in record bond sales. Telecom operator etisalat led Thursday’s announcements…
Investing in local startups
Marwan Kheireddine is the chair and general manager of Al-Mawarid Bank, one of the shareholders in the Virgin Megastore franchises…
SICO flagship fund posts return of 204 per cent
Securities and Investment Company, a Bahrain-based regional investment bank, yesterday announced its Khaleej Equity Fund has achieved a return of…
Nomura Asset Management launches in Middle East
Japanese fund manager Nomura Asset Management (NAM) has launched an office in Dubai International Financial Centre as part of its…
Qatari Diar behind new Conrad Washington DC hotel
Qatari Diar, the real estate development entity of the Qatar Investment Authority, has emerged as one of the parties behind…