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…
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Guardian Wealth hails Qatar a glittering jewel in the expat crow
David Russell, chief executive officer, Guardian Wealth Management Qatar LLC, hails Qatar a glittering jewel in the expat crown, as…
New Dubai firm to manage Islamic endowments
Dubai will host a new asset management firm specialising in awqaf (Islamic endowments), as the emirate seeks to become a…
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…
Abu Dhabi bourse to list big private firms to lure investors
The Abu Dhabi stock exchange is looking to list some of the emirate’s large private companies to help boost liquidity…
Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit
The Middle East unit of the world’s largest lending bank, Industrial and Commercial Bank of China, announced that its 2012…
Global Businesses Look to 2013 with Renewed Confidence – FTI Consulting
Global business leaders have entered the New Year feeling surprisingly confident about future growth prospects, according to the latest research…
Qatar has potential to become major Islamic finance platform, says QIIB CEO
Qatar can become a major global platform for Islamic finance in view of its resources, expertise in Shariah-compliant products and…
Turkey lures Asia investors as it looks east for capital
When Turkish conglomerate Anadolu Holding put its 75% stake in Alternatifbank up for sale last year, a distant potential suitor…
BMO Harris Private Banking Market Outlook: Positive Signs Resonate Worldwide in Early 2013
BMO Harris Private Banking's latest Market Outlook Commentary Report reveals that 2013 is off to a robust start with several…
ICBC rides high on Mideast boom
China's biggest lender Industrial and Commercial Bank of China (ICBC) said in Dubai Saturday that its Middle Eastearn branch achieved…
New Hedge Fund Deposits to Triple, Deutsche Bank Says
New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high,…