Dubai Steps Up Asset Sales To Cut Debt Pile
Emirate's creditors breathe a sigh of relief as Dubai government's assets fetch good price. Dubai, facing debt repayments of…
Hedge Funds & Alternative Investments
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Saudi Fransi to offer BlackRock products
Saudi Fransi Capital, the brokerage arm of top Saudi lender Banque Saudi Fransi, said it has signed an agreement…
Noor Islamic Bank executes $1.4b mandates in Turkey
Noor Islamic Bank has completed Islamic capital market mandates valued at over $1.4 billion (Dh5.14 billion) in the past six…
Dubai Scrambles to Fly Gold Bullion from West to East
There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold…
Global ETF regulation proposed
The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated…
Dubai's Damac Properties woos Indian investors
Dubai-based Damac Properties will hold a two-day "road-show" in India beginning Friday to attract Indian investors to its latest luxury…
QNB Group signs MOU with Attijariwafa Bank of Morocco
World's Strongest Bank, has signed a Memorandum of Understanding with Attijariwafa Bank, the first Bank in Morocco and one of…
UBS Says QE's End May Render Gold 'Obsolete'
Swiss bank UBS is warning that gold's appeal as an inflation hedge and as an alternative to the U.S.…
Gold Prices Are Headed to Pre-QE Days: Credit Suisse
As the sell-off in gold continued into Monday morning, analysts told CNBC that investors need to re-examine their expectations of…
Qatar and France launch $200m investment fund
France and Qatar launched a mixed Franco Qatari fund on Sunday to invest €300 million in small and medium…
Dubai Group sells credit card firm to First Gulf Bank
Investment firm Dubai Group has sold its credit card business to Abu Dhabi lender First Gulf Bank (FGB) for $164…
Citigroup Venturing Into Iraq Gets Approval for Baghdad Office
Citigroup Inc. got Iraqi approval to open an office in Baghdad, as it seeks to become the first U.S.…