Objectway Launches Next-Generation Investment Management Platform, Illumas
Objectway a leading provider of software and services to the EMEA investment management industry, today announced the release of its…
Trading, Broking & Stock Exchanges
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UAE Exchange applies for small bank licence in India
Deputy CEO says aim is to grow into fully-fledged bank later. UAE Exchange, a money transfer and foreign exchange…
Gulf Capital closes ground-breaking AED850 million revolver credit facility arranged by Abu Dhabi Commercial Bank and First Gulf Bank PJSC
Gulf Capital, one of the most active and diversified alternative asset managers in the Gulf region, announced today that it…
Gulf states to give Egypt $10bn in deposits before March
Saudi Arabia, Kuwait and the United Arab Emirates will deposit $10 billion in Egypt before the country holds an investment…
UAE to drive Mena bond issuances in 2015
US-dollar bond issuance in the Arabian Gulf is expected to reach up to US$40 billion this year compared with $38bn…
Gulf banks plan to sell bonds to boost reserves
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds. Basel III standards, now being phased…
Regulation, tight pricing overshadow Gulf's capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
DWG restructuring boosts asset quality of UAE banking sector
Emirates NBD is the biggest beneficiary of second round of restructuring that will boost asset quality across sector. The…
Sovereign wealth funds to back £10bn O2 tie-up
Several of the world’s wealthiest state-backed funds are in talks to provide financial backing for O2’s industry-changing £10bn tie-up with…
SHUAA makes it four in a row with MENA FM's Best UAE Equity Fund
SHUAA is pleased to announce its Emirates Gateway Fund has been awarded Best UAE Equity Fund 2014 in the category…
Qatar takes tenth of British Airways owner days after Canary Wharf buy
The Qataris continued their UK shopping spree yesterday, buying a 10 per cent stake in the owner of British Airways…
Abu Dhabi’s Centurion Said to Plan Travelex, UAE Merger
Abu Dhabi-based Centurion Investments plans to merge Travelex Holdings Ltd. with UAE Exchange and sell a stake in the merged…