Uncategorized Archives - Page 3790 of 3971 - Managers of Wealth Middle East

SICO receives regulatory approval for its new brokerage operation in the UAE

July 22, 2012

Bahrain-based regional investment bank, Securities & Investment Company (SICO), announced that it has received final approval from the Emirates Securities…

Islamic Finance

Kuwait's NIG asks for $475 mln sukuk extension as maturity looms

July 22, 2012

National Industries Group Holding (NIG), a Kuwaiti investment firm controlled by one of the country's biggest family conglomerates, has asked…

Financial Results

Arab Banking H1 net profit hits $105m

July 22, 2012

Bahrain-based Arab Banking Corporation (ABC) said it has registered a consolidated group net profit of $105 million for the first…

Comment & Analysis

Gulf bond issuance activity to remain fairly robust

July 22, 2012

Gulf region’s issuance activity is likely to remain fairly robust in the coming quarters, partly because of refinancing requirements, partly…

Hedge Funds & Alternative Investments

Morgan Stanley may sell commodity stake to Qatar – CNBC

July 22, 2012

Morgan Stanley is in advanced talks over selling a stake in its multibillion-dollar commodities trading division to Qatar's sovereign wealth…

Islamic Finance

Bank Muamalat signs MoU with China banking group

July 22, 2012

Bank Muamalat Malaysia Bhd and Bank of Shi Zui Shan has signed a memorandum of understanding (MoU) for a partnership…

Market Forecasts

Middle East can capitalise on Asia’s economic resurgence

July 22, 2012

The times, as Bob Dylan would sing, they are a-changin’. That the Middle East is looking East is old news.…

Financial Results

ABC reports half–year profit of US$105 million

July 22, 2012

Arab Banking Corporation has announced Sunday that its consolidated Group net profit for the first half of 2012 was US$105…

Hedge Funds & Alternative Investments

QNB, Stanchart win Qatar custody licence

July 22, 2012

Leading banks Standard Chartered and Qatar National Bank said they have signed a depositary participant agreement with Qatar Exchange to…

Financial Results

Emirates NBD announces first half 2012 results

July 22, 2012

Emirates NBD, announced its results for the half year ended 30 June 2012. H1 2012 net profit of Dhs1.3bn, up…

Uncategorized

Barclays stays on UAE rate panel after bank request

July 19, 2012

Barclays Plc, which plans to leave a 12-bank group in the United Arab Emirates whose quotes determine the interbank lending…

Uncategorized

National Kuwaiti bank results mirror malaise

July 19, 2012

The National Bank of Kuwait has reported a sharp drop in net profits and warned the country's persistent political gridlock…

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