Moody's maintains negative outlook for Bahrain's banking sector
Moody's Investors Service announced that it has maintained its negative outlook for Bahrain's banking system, due to challenging operating environment…
Market Forecasts
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London Stock Exchange eyes IPOs from Gulf in 2013
The London Stock Exchange is expecting to see “a couple” of initial public offerings (IPOs) on the bourse from companies…
HSBC Trims 2013, 2014 Gold Forecasts, Retains Bullish View
HSBC Monday trimmed its outlook on gold prices for this year and next, but reiterated its bullish view on the…
USD 1.3 trillion assets of Islamic banks by end of 2012 – RESEARCH
KFH-Research has issued a report that stated that total assets of Islamic banking in the GCC region is 34%…
Is Abu Dhabi the next Dallas?
The UAE capital is the seat of the country's power and owns a tenth of the world's oil. Fund managers…
Asset management industry growing
Assets under management in Qatar, sponsored by entities based in Qatar, increased 0.1 percent in 2012 H1, noted a…
DIB lures with sukuk to avert Moody’s cut
Dubai Islamic Bank may pay more than twice the Arabian Gulf average on Sharia-compliant debt for its first perpetual sukuk…
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…
Eurozone crisis is the biggest concern to Middle East intermediaries
Middle East intermediaries are more optimistic on global economic growth than in 2012 Equities are the favoured asset class for…
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…
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…
Two Abu Dhabi banks repay $1.5 bln in gov't funds
Two Abu Dhabi banks on Wednesday repaid 5.5 billion dirhams ($1.49 billion) in UAE government support they received in the…