FGB Launches Global Wealth Management Service In Singapore
FGB, one of the leading banks in the UAE, is expanding its Consumer Banking Group services globally, and has announced…
Hedge Funds & Alternative Investments
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Dubai Investments Q1 Net Profit Jumps 26%
Dubai Investments’ first-quarter net profit rose 26 per cent, the conglomerate said in a bourse filing on Monday, adding that…
Guidance set on $533m GIB note
Bahraini lender Gulf International Bank has set guidance of 72.5 basis points over the three-month Saudi interbank lending rate on…
Mitsui and sovereign wealth funds of Qatar, Abu Dhabi and Oman keen to buy stake in Petronet
Japan's Mitsui and cash-rich sovereign wealth funds of Qatar, Abu Dhabi and Oman are keen to buy Asian Development Bank's…
Dubai's Majid Al Futtaim to sell $500 mln 10-yr bond on Tuesday – leads
Dubai-based shopping mall developer Majid Al Futtaim (MAF) plans to issue a 10-year $500 million bond on Tuesday, a document…
UAE regulator cuts minimum sukuk size, eases securities borrowing
The United Arab Emirates' financial market regulator has set new rules for Islamic and corporate bonds to encourage trading in…
McLaren investor Bahrain snubs US with Russian deal
In a blow for the US efforts to galvanise international support for economic sanctions on Russia, Moscow has announced a…
Middle East funds become more cautious on UAE -survey
Middle East fund managers have become more cautious about stock markets in the United Arab Emirates because of concern that Dubai…
Infra investment buoys Abu Dhabi market
Abu Dhabi’s real estate market has been on the road to recovery over the past few quarters with property prices…
UAE markets slide; Qatar, Egypt rebound
Stock markets in the United Arab Emirates remained weak on Wednesday while bourses in Qatar and Egypt rebounded after several…
Finance staff unhappy with bonuses
Bankers are known to pocket fat bonuses, but a high proportion of the Middle East’s financial services workers are showing…
Kuwait Fund to provide Rs 806.4m for AJK
Kuwait Fund (KF) management has agreed to provide Rs 806.6 million for the completion of eight educational facilities including Rawalakot…