Qatar set to acquire London hotel on Park Lane
Qatar's sovereign investments in European real estate continue unabated. Qatar Holding is set to take control of French department store…
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Dubai Holding unit profit up 488%
Dubai Holding have announced the financial results for its business group, Dubai Holding Commercial Operations Group, for the fiscal year…
UAE to benefit from Cyprus crisis, with increase in capital inflows into region
The financial turmoil in Cyprus will further boost the capital inflows into the UAE or the rest of the Middle…
DIFC bares new code for legal practices
The DIFC Courts, Dubai’s established English language, commercial common-law judicial system, recently announced the introduction of the new “Code of…
KAMCO announces its financial results for the year 2012
KIPCO Asset Management Company - KAMCO, announces its financial results for the year ending on 31 December 2012. KAMCO posted…
Why asset managers should embrace mobile technology
The pressure on the MENA funds industry has never been greater. Managers are facing intense competition, battling with higher costs…
Credit Suisse will buy Dubai wealth unit of Morgan Stanley
Switzerland's second-largest bank will buy Morgan Stanley's regional wealth management business in a deal expected to be finalised by the…
Wealthy in emerging markets: Africa, Central & Eastern Europe, Middle East – RESEARCH
"Emerging Markets: Africa, Central & Eastern Europe, Middle East—Joining the Global Ranks of Wealth Creators," the third in a series…
BlackRock Hires Former Swiss Re CIO Blumer to Head European Unit
BlackRock Inc., the world’s biggest money manager, hired Swiss Re Ltd. (SREN)’s former chief investment officer, David Blumer, as head…
More work to do for GCC banks
Settling into high single digit growth rate and healthy profitability, Gulf banks would do well to undertake necessary investments that…
Saudi Riches Don’t Reach Entrepreneurs as Bankers Shun Startups
When Saleh Al-Zaid decided it was time to expand Twitmail.com, the Saudi Arabian entrepreneur figured it wasn’t even worth trying…
Barwa Bank eyes full-fledged sukuk platform by end-2013
Barwa Bank expects its sukuk trading platform to become full-fledged by the year-end and sees the market as “very competitive…