NBAD approves distribution of 40% cash dividends and 10% bonus shares
The National Bank of Abu Dhabi's shareholders approved distribution of a cash dividend of 40% and a stock dividend of…
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Omantel seeks approval for debut Islamic bond
Oman Telecommunications said on Sunday its board would seek shareholder approval for a debut issuance of Islamic bonds, or sukuk,…
GCC bonds: Still a Safe Haven?
Barclays Capital has collectively downgraded Gulf corporate bonds to market weight from overweight, citing a combination of lower oil prices,…
UAE Exchange offers instant India bank transfers
Global remittance provider UAE Exchange has tied up with YES Bank, India's 4th largest Private Sector Bank, for real time…
Manchester City are about to strike it rich with a new £80million-a-year sponsorship deal
Manchester City are about to strike it rich with a new £80million-a-year sponsorship deal with Etihad. The Premier League champions,…
Doha Bank in Partnership with Amwal LLC and The Group Securities Files Qatar Exchange Index ETF
Doha Bank , the leading private commercial bank in Qatar, has announced plans to launch an Exchange Traded Fund (ETF)…
Jho Low eyed Taib Mahmud's cashpile, offered to bring in rich strategic investors from Mid East
The disappointment that came with not being able to swing RHB Bank Bhd to Kuwait Finance House in 2006 did…
UAE Exchange FLASH remit integrates with IMPS of India through YES Bank
Instant bank transfers just got faster. UAE Exchange , the leading global remittance, foreign exchange and payment solutions brand, has…
UAE may invest in Pak’s gold, copper projects: Durrani
The UAE has shown interest to invest in Balochistan’s Reko Diq exploration project, one of the world’s largest gold and…
EFG Hermes: How patience turns to profit
The past 12 months have been busy for EFG Hermes. After a period of consolidation and retrenchment in 2013, the…
Sedco Capital plans to start feeder fund
Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and…
UAE equities: elusive liquidity to pick up in second half
Investors are likely to wait until crude oil stabilises and the dust settles on Greece before jumping back into UAE…