Investment Banks In Middle East To Remain Profitable In 2014
Investment banks in the Middle East have been growing as regional markets continue to recover from the global financial crisis.…
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Saudi Prince Alwaleed ready to heavily invest in Sierra Leone
The Chairman of one of the world’s most successful diversified investment companies has reiterated his interest to invest in Sierra…
Abu Dhabi’s sovereign wealth fund is world’s second largest
Abu Dhabi’s sovereign wealth fund, the Abu Dhabi Investment Authority, is the world’s second largest in terms of overall assets,…
Nakheel makes new appointments to management team
Property developer Nakheel announced changes to its senior management team in a statement on Thursday. The new appointments come…
Over-reliance on real estate holding Islamic markets back
Despite a retail-driven demand for Islamic products, government support and a rising number of global investors comfortable with investing in…
Global law firm launches new association in the Kingdom of Saudi Arabia
Global law firm King & Wood Mallesons SJ Berwin celebrated its exclusive association with the Law Office of Majed Almarshad…
King & Wood Mallesons SJ Berwin appoints ME Real Estate group head
King & Wood Mallesons SJ Berwin has hired Tom Calnan as head of Real Estate in the Middle East. Tom…
Middle Eastern Investor to acquire UK commercial real estate
Orchard Street Investment Management LLP (“Orchard Street”) announces the launch of a new £250m investment programme in partnership with a…
Bank Nizwa Posts RO12.3MN Net Loss
Bank Nizwa, Oman's first Islamic bank, has reported a net loss of RO12.3mn for the period ended December 31, 2013,…
Iraq to welcome two foreign banks
Iraq’s central bank will be approving licences for two foreign banks to operate in the country. The bank has…
Abu Dhabi investor seeks to exit Mongolia bank after governance row
A foreign investor has moved to sever ties with Mongolia's largest private lender, Golomt Bank, because of its concerns over…
Old Mutual Asset Management appoints Middle East sales head
Old Mutual Asset Management, the U.S.-based global asset management business of Old Mutual has announced that Richard Souri has been…