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…
Hedge Funds & Alternative Investments
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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…
How much money do UAE bankers make, and how does your salary compare?
Salaries for 2014 show 1.5 to 6% increase, depending on role. The financial services industry has continued its steady…
Global asset manager cuts exposure to UAE markets
BlackRock, the world’s biggest asset manager, has “substantially” cut stock holdings in the UAE on fear of “speculative excess” in…
First Gulf Bank readies for regional insurance boom
First Gulf Bank said it expects a trio of forces – Dubai’s mandatory health insurance, the UAE’s economic growth and…
Israel fears withdrawal by EU firms is too high a price to pay
Fears are growing in Israel that recent divestment steps by individual European firms could mushroom into a trend that harms…
Dubai to ease finance fears with $10bn debt deal
DUBAI is poised to roll over a vital $10bn (£6bn) debt facility with the central bank of the United Arab…
Dubai developer inks deal for luxury Dominica hotel
A Dubai developer has signed a memorandum of understanding with the government of Dominica for the construction of a high-end…
CBI and Zurich International Life sign bancassurance agreement
Dubai-based Commercial Bank International (CBI) has reached an agreement to market and distribute Zurich International Life's different insurance products, including…
Saudi bank NCB prices $1.33bn sukuk
National Commercial Bank, Saudi Arabia's largest lender, has completed a 5 billion-riyal ($1.3 billion) Islamic bond issue, two banking sources…
Courting UAE investment, Lord Mayor of London talks up sukuk
Islamic financing could be used for infrastructure projects in the United Kingdom, according to the Lord Mayor of London, Fiona…
Alternatives, Technology To Highlight Asset Management in 2020: Report
Alternative assets, cost pressures and new technology are expected to take center stage in the asset management industry by the…