Oman might issue $518 million sovereign debt: central bank chief
Oman’s economy is robust and expected to grow by 5 percent this year, the Gulf Arab country’s central bank head…
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Burgan Bank co-lead manager in Alargan bond issue
Burgan Bank recently acted as a co-lead manager in a KD 26.5 million covered bond issue for Alargan International Real…
Currency as an asset can be risky
Some things never cease to amaze me. One is that foreign exchange (FX) can be viewed as an asset class,…
Middle Eastern Buying Spree Changes European Soccer Landscape – Analysis
A Middle Eastern soccer-focused buying spree is changing the European football landscape even if the jury is still out on…
Israeli bank sues three U.S. financial giants for $720m
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses…
Abdul Aziz Al Ghurair named chairman of DIFC Authority
Dubai International Financial Centre has announced that His Excellency Abdul Aziz Al Ghurair has been appointed as Chairman of DIFC…
Swiss wealth management boutique celebrates
The Swiss wealth management boutique Falcon Private Bank celebrates the first anniversary of its Abu Dhabi representative office. Since opening…
Emirates NBD AM offers improved liquidity terms on Fixed Income Fund range
Emirates NBD Asset Management has announced that its Emirates MENA Fixed Income Fund had moved to daily trading from March…
Middle Eastern Billionaires and Family Ties
The recently released Forbes Insights study Global Wealth and Family Ties: A Worldwide Study of How Fortunes Are Founded, Managed…
QNB Talks to Buy Dexia’s Denizbank Stall Over Price
Qatar National Bank SAQ’s talks to acquire Denizbank AS, the Turkish lender put up for sale by Dexia SA, remain…
QNB Group acquires a stake of Libya-based bank
Qatar National Bank (QNB) Group has announced acquisition of a 49% stake in the Bank of Commerce and Development ,…
UDC appoints Omar Alfardan as managing director
United Development Company (UDC) has appointed Omar Hussein Alfardan as managing director. One of Qatar’s most experienced and respected businessmen,…