Suitcase bankers erode Mideast fees
HSBC Holdings, the biggest bond underwriter in the Persian Gulf since 2007, and Barclays said fees in the region are…
Market Forecasts
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Banking giant predicts gold price collapse
ABN Amro, the Dutch state-owned banking giant, recently revised its global macro and gold outlook, forecasting a $1,300 gold price…
Has the Developed World Gone Ex-Growth? – HSBC Global Asset Management
In its latest IQ (Investment Quarterly) global market outlook, HSBC Global Asset Management indicates that post-crisis growth is likely to…
Emirates NBD Wholesale Bank underlines significance of investments in green energy for GCC economies
Investments in green energy are crucial for GCC states to continue being positioned as the leading energy bloc particularly in…
Denizbank to buy Citibank consumer business in Turkey
Turkey's Denizbank , acquired last year by Russia's Sberbank, said on Thursday it had signed an agreement to buy Citibank's…
With USD45bn in assets, super rich are key investor base
Qatar has some 12 billionaires responsible for $17bn in assets even as the country's ultra-high net worth community is Mena's…
Abu Dhabi fund Mubadala swings to 2012 profit on lower impairments
Mubadala, the Abu Dhabi investment fund with a mandate to boost the emirate's local economy, swung to a net profit…
Abu Dhabi conglomerate's CFO resigns amid debt talks
The chief financial officer of Abu Dhabi conglomerate Al Jaber Group, which is in the midst of a $4.5 billion…
Coutts continues to ramp up Middle East presence with MD hire
Coutts has reinforced its continued expansion in the Middle East with the appointment of Michael Dismorr as a Managing Director,…
Qatar is ‘building prime assets’ globally to boost diversification
Qatar’s carefully selected portfolio of prime assets, spreading across asset classes and geographies, contributes to economic diversification, financial resources, and…
Bank Leumi taps Calypso for capital markets support
Calypso Technology Inc., the global capital markets platform provider, announced that Bank Leumi, the leading Israeli banking corporation, has selected Calypso…
Egypt scraps tax on dividends, investment gains
Egypt will cancel a tax on stock dividends and investment gains from takeovers and will return revenue already levied on…