Dubai index dips despite Arabtec rise
The Dubai Financial Market index slipped 45 points on Sunday to close 0.87 per cent down at 5,135.95, even though…
Hedge Funds & Alternative Investments
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Draft on opening Tadawul to foreigners under study
Saudi Arabia’s stock market is one step away from gaining approval to allow direct foreign investment into equities, sources with…
Emirates Islamic hosts UAE national SME owners meet with focus on achieving targeted growth
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, recently organised a meeting for UAE national SME…
Qatar main engine of growth in Mena: QNB
GCC countries continue to be the main engine of economic growth in the Middle East and North Africa, with Qatar…
Islamic Finance has a Huge Potential in North America
Islamic finance, banking, and takaful (Islamic Insurance) has a large potential in the US and Canada despite several setbacks and…
Hedge fund flows help Asiya assets to $1bn
Asiya Investments, a Hong Kong-based fund manager with roots in the Middle East, has doubled its assets since the start…
Taiwan bank eyes Aabar's RHB stake?
News reports that Taiwanese financial group Mega Financial Holding Co Ltd is in talks to buy into RHB Bank Bhd…
VCBank posts $5.3m net profit
Venture Capital Bank (VCBank) has reported net profit of $5.3 million for the nine months ended March 31 this year…
Qatar eyes deposit insurance as part of financial reforms
Qatar regulators will establish a deposit insurance framework that will include a sharia-compliant scheme, one of several reforms aimed at…
UNB Al Itihad Fund and Al Samaha Fund performance for Q1 2014
Treasury & Investment Division of Union National Bank announces the performance of its investment products for the period ending March…
Islamic Development Bank approves $671 million project funding
An IDB statement said the Executive Directors approved $312.8 million to finance electricity projects in Egypt and Senegal; $110 million…
UAE banks wooing property owners to go for more
Property owners in Dubai who are keen to acquire another in the city needn’t be too concerned about how to…