Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources
Qatar’s stock market is set to list its first exchange-traded funds this quarter, market sources said on Tuesday, as authorities…
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Omani bourse less affected by global market crash
The global market crash didn’t have a major adverse effect on the Muscat bourse on Tuesday, mainly due to the…
Gulf banks continue innovative funding run
QNB's two year floating rate note was sold at 135bp over Libor and, placed on Wednesday, was sole-arranged by Bank…
UAE's Abraaj hires KPMG to look into healthcare fund after reported row with investors
Dubai-based private equity firm Abraaj Group has hired global auditing firm KPMG to look into the finances of its healthcare…
Five Egyptian investment banks receive MENA Fund Manager Performance Awards
Five Egyptian investments bank have received the MENA Fund Manager Performance Awards 2018 in Dubai, winning a total of nine…
A Worryingly ‘Exceptional’ Week by Gary Dugan
That was an exceptional week in financial markets and worrying too. There have been only two occasions in the past…
Egypt net foreign reserves rise to $38.2bln at end-Jan
Egypt's foreign reserves registered in January the biggest month-on-month jump since July last year as the country pushed forward with…
Abraaj Group Denies It Misused Healthcare Funds
Dubai-based private equity investor Abraaj Group has denied reports that it misused funds intended for healthcare projects in South Asia…
CBI 2017 net profit surges 40pc to $47.6m
Dubai-based Commercial Bank International has posted a net profit of Dh175 million ($47.6 million) for 2017 as compared to Dh125…
Dubai Holding appoints new CEO to run $35bn firm
Dubai Holding appointed Amit Kaushal as chief executive officer, replacing Edris Alrafi who left the investment firm owned by the…
Nasdaq and Palestine Exchange sign new market technology agreement
Nasdaq Inc. and Palestine Exchange have signed a new market technology agreement for Nasdaq to deliver new matching engine technology…
ADIB fourth-quarter net profit up 33.4% on fees income, lower impairments
Profits at Abu Dhabi Islamic Bank, the capital’s biggest Sharia-compliant lender, rose 33.4 per cent increase in the fourth quarter…