Uncategorized Archives - Page 2745 of 3971 - Managers of Wealth Middle East

Arab Bank Group announces a net Profit of USD 424.9 million in the first half of 2016

July 25, 2016

Arab Bank Group delivered solid financial results for the period ending June 2016, recording net profit after taxes and provisions…

Hedge Funds & Alternative Investments

ADIB: Dubai real estate values remain stable with robust demand for quality developments

July 25, 2016

The off-plan residential market remains buoyant with the launch of over 4,000 new units (villas and apartments) spread across 20…

Hedge Funds & Alternative Investments

Abu Dhabi Securities Exchange and Abu Dhabi Global Market Sign MOU on Bilateral Cooperation

July 25, 2016

Abu Dhabi Securities Market and Abu Dhabi Global Market have entered into an agreement to foster bilateral cooperation. The…

Comment & Analysis

GCC’s reliance on private capital flows to fund fiscal deficits to rise

July 25, 2016

GCC countries are increasingly turning to debt markets both domestic and foreign to finance their rising fiscal deficits and the…

Financial Results

The Saudi Investment Bank reports a 29 per cent fall in H1 profits

July 25, 2016

Earnings per share were SAR 0.76, down from SAR 1.07 last year, recalculated to reflect the increase in the bank’s…

Financial Results

Q2 2016 Middle East cross-border deal-making steady despite global decline: Baker & McKenzie Report

July 25, 2016

Global cross-border M&A volume and values were subdued in Q2 2016, as investors held their breath, but the Middle East…

Hedge Funds & Alternative Investments

PROPERTY Saudi property sales ‘down more than 50%’

July 25, 2016

Saudi property sales have plummeted by more than 50% as investors hold off due to the expected impact of a…

Investment Banking

Turkey unrest deals new blow as banks struggle with bad debt

July 25, 2016

Turkey’s failed coup is dealing yet another blow to the nation’s banks, which are already under pressure from rising bad…

Tax

Swiss Leaks revisited: Strong Egyptian presence in banking scandal

July 25, 2016

In early February 2015, tens of thousands of financial documents were leaked to the public exposing secretive HSBC Switzerland bank…

Mergers & Acquisitions

HSBC says in talks to sell Lebanese business to Lebanon's Blom Bank

July 25, 2016

HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, said on Monday it was in discussions to sell its…

Hedge Funds & Alternative Investments

Aldar Properties eyes Al Ain as key growth market

July 25, 2016

Aldar Properties PJSC, Abu Dhabi's leading listed property development, investment and management company, views Al Ain as a key expansion…

Hedge Funds & Alternative Investments

Saudi Arabian family conglomerate agrees to $6 Billion Debt Plan With Creditors

July 25, 2016

Saudi Arabian family conglomerate Ahmad Hamad Algosaibi and Brothers said on Monday that the group’s leading creditors have agreed on…

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