KFH-Bahrain named best Islamic bank
KFH-Bahrain was voted the Best Islamic Bank in the Kingdom of Bahrain for the year 2011 at the most comprehensive…
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Egypt's EFG-Hermes 2011 profit tumbles 63 percent
The Asset Management Division saw AUM rise 2.2% Q-o-Qto USD 3.3 billion in 4Q2011, a promising increase following three quarters…
Arab billionaires list released; Alwaleed tops with $18bn fortune
Wealth of 36 Arab billionaires increased by $3.7 billion to $121.3 billion last year as compared to $117.6 billion in…
HSBC expects big business on Gulf bonds
HSBC Holdings, the Gulf’s top bond underwriter so far this year, has “multiple dozens” of debt-sale mandates as borrowers take…
Dubai International Capital strikes US$2.5bn debt deal
Dubai International Capital (DIC), the private equity arm of Dubai Holding, has sealed a deal with creditors to restructure around…
Bank Al Etihad selects CR2's BankWorld
CR2 has announced that Bank Al Etihad in Jordan has strengthened its channel offering by adopting BankWorld, CR2's latest generation…
Qatar National Bank Q1 net profit up 17.4 pct
QNB Group has announced its financial results for the three months ended 31 March 2012. The group recorded a net…
Macquarie targeted over rogue trader
A Macquarie Group subsidiary is being sued for alleged market manipulation of the shares in the defunct Bill Express following…
Investment management opinions of SWFs – Research
In a new survey entitled “What Asset-Liability Strategy for Sovereign Wealth Funds?” produced as part of a research chair supported…
Islamic finance makes its mark in banking
Islamic finance industry is making mark in the world and it is a good sign as it presents an opportunity…
StanChart offers multi-use account for NRIs
Standard Chartered recently launched the NRI 3-in-1 Account, a complete investment solution for non-resident Indians (NRIs) to access Indian investment…
Banks vie for role in Abu Dhabi property merger
Global banks, including the likes of Goldman Sachs and JP Morgan Chase, are jostling to win the advisory mandate for…