Wealth and Asset Management

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BNY Mellon: Sovereign Wealth Fund access increases as regional Investor Relations teams look to long term investors

October 27, 2011

BNY Mellon has released the results of its 2011 Trends in Investor Relations survey, revealing the findings in different regions…

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Abu Dhabi buyers eyeing regional M&A deals

October 27, 2011

Certain Abu Dhabi entities are looking at snapping up regional competitors but tough credit markets and global uncertainty will slow…

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Bahrain cenbank seeks to strengthen financial sector supervision

October 27, 2011

Mr. Khalid Hamad, Executive Director, Banking Supervision, Central Bank of Bahrain yesterday attended a High Level Meeting on Strengthening the…

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Market Forecasts

HSBC Oman participates in fund managers meet

October 26, 2011

Acclaimed for its seasoned global experts in emerging markets, HSBC Oman hosted Global Asset Management Regional Head for Latin America…

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Dubai neither doomed to fail, nor a safe haven: BofA-ML

October 25, 2011

While the worst is definitely a view that’s visible from a rear-view mirror in Dubai and there are a number…

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Top lenders forms alliance to support SMEs in Jordan

October 25, 2011

Jordan Enterprise Development Corporation (JEDCO), the European Investment Bank (EIB) and Abraaj Capital have jointly announced the launch of the…

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Banks shed staff in Dubai as deals dry up

October 25, 2011

International investment banks are shedding staff in Dubai and sending top executives home as deals in the region dry up…

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RAK Properties and United Arab Bank sign MoU to provide mortgages to end-users

October 25, 2011

RAK Properties PJSC, Ras Al Khaimah's leading property developer listed on the Abu Dhabi Securities Market, and United Arab Bank…

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Financial Results

Tamweel Third-Quarter Profit Doubles as Provisions Decline

October 24, 2011

Tamweel PJSC, the mortgage company majority owned by Dubai Islamic Bank PJSC, said third-quarter profit doubled as bad-loan provisions fell.…

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Global lender mulls more regional exits in the Middle East

October 24, 2011

HSBC Middle East continues to explore the possibility of exiting of some of its regional operations, following the closure of…

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Qatar PM urges Europe to tackle sovereign debt woes

October 24, 2011

Energy-rich Qatar urged European governments to resolve their sovereign debt woes on Saturday and voiced caution on whether to help…

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Mergers & Acquisitions

Mashreq interested in Dexia’s Denizbank if price is right, says CEO

October 24, 2011

Mashreq, one of the largest lenders in the UAE by assets, may consider making an offer for the Turkish retail…

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