GCC banking robust; assets hit $1.4 trillion
Higher energy prices and increased hydrocarbons production have provided for large public spending programs, which have increased the asset growth…
Hedge Funds & Alternative Investments
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Aston Martin Owner to Sell Bahrain Bank Stake on Debt Revamp
Investment Dar accepted an offer from National Bank of Bahrain and a state-run Social Insurance Organization Asset Management Co. to…
Bahrain firm starts fund management services
Fakhro Karvy Computershare, a pioneer in registrar and transfer agency services in Bahrain, has announced the launch of its fund…
NBB, insurance firm to buy major stake in BiSB
National Bank of Bahrain and Social Insurance Organisation Asset Management Company have announced that they were taking a controlling stake in Bahrain…
Visiting delegation from France praise Dubai's growth following global financial crisis
A high-ranking delegation of French businessmen and civic leaders praised the emirate for recovering from the financial crisis and underlined…
Emirates Islamic launches new forex services
UAE-based Emirates Islamic Bank has announced the launch of the first of a series of initiatives aimed at providing customers…
Islamic fund managers in Gulf opt for foreign domiciles
Islamic fund managers in the Gulf are increasingly choosing foreign domiciles for their products, favouring their cost-efficiency and reputation for…
Credit Suisse Releases Annual Hedge Fund Investor Survey
Credit Suisse is pleased to announce the results of its annual Global Hedge Fund Investor Survey, in which we analyze…
Swiss private bank to launch fund to invest in sukuk
Falcon Private Bank, a Swiss private bank owned by Abu Dhabi’s Aabar Investments, is planning to launch a fund early…
Brooklands promotes execs to Mideast biz development role
Brooklands Pensions, the UK- and Dubai-based pensions administrator, has promoted Bernie Saker to business development director and named Matt Tailford…
Alkhabeer Capital revenue up 66 pc
Alkhabeer Capital announced its financial results, whereby the annual report for the fiscal year ended 2012 revealed that the company…
The National Bank of Abu Dhabi Launches First Kangaroo Bonds
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, closed its inaugural Kangaroo bond with…