Muslims Ready for a Gold-Based Currency
With over 1.6 billion Muslims around the world and an Islamic economy measured at $8 trillion, it is only a…
Hedge Funds & Alternative Investments
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Bullish funds shift money among Gulf markets
Middle East fund managers remain bullish on most of the region's major equity markets, but some are shifting money from…
UPDATE 1-Saudi Arabia to sell 15 pct of National Commercial Bank in IPO
Saudi Arabia's government plans to sell a 15 percent stake in National Commercial Bank, the country's largest lender by assets,…
Ahlibank Qatar is all set to venture into bancassurance
Ahlibank Qatar, which is re-branding with new identity and outlook, is all geared up to venture into bancassurance as part…
Luxembourg pension fund boycots major Israeli banks
Luxembourg’s general pension fund has decided to boycott five major Israeli banks and a number of major Israeli investment companies…
"BBK-ING MENA Fund" Successfully Liquidated
BBK , Bahrain's pioneer in retail and commercial banking, announces the successful liquidation of the " BBK - ING MENA…
Axa deal to buy stake in Abu Dhabi insurer Green Crescent confirmed
It has been confirmed that Axa and its Middle East partner the Kanoo Group have agreed a deal to buy…
AIM to focus on foreign direct investment
The role of foreign direct investment in the Arab and regional economies will be highlighted with a special focus on…
Frontier-Markets lure investors with fixed currencies
Frontier markets with managed exchange rates from Dubai to Vietnam and Nigeria are luring equity investors fleeing the currency turmoil…
Bahrain's GFH more than doubles Q4 net profit
Bahrain-based Gulf Finance House , whose unit is in the process of selling a majority stake in English soccer club…
Advent Software Wins Two 2014 MENA Fund Manager Fund Services Awards
Advent Software has announced that it has been selected for the second straight year as the "Best Fund Accounting and…
Dubai's Nakheel says repays 2.35 bln dirhams of bank debt
Dubai developer Nakheel said on Sunday it has initiated early repayment of 2.35 billion dirhams of bank debts 18 months…