Dubai Islamic Bank wins three Islamic Finance News awards
Dubai Islamic Bank (DIB) announced today that it has won three awards at the prestigious Islamic Finance News Awards hosted…
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BI-SAM announces new EMEA organisation structure
Continuing on the growth path it has been following these last years, the BI-SAM group will communicate throughout 2012 about…
QNB Group and Harrods Estates Host London Luxury Property Investment Event
QNB Group and Harrods Estates are jointly hosting an exclusive event at The Sharq Hotel and Spa on March 26,…
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.61% in February
The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 1.61% for the month of February. Performance…
UAE has richest wealth fund
With assets worth $627 billion, the UAE’s Abu Dhabi Investment Authority (Adia) leads the world’s richest Sovereign Wealth Funds (SWFs),…
NBD Islamic finance portfolio grows 24 per cent in 2011
Nevine Loutfy, Managing Director and CEO of NBD, said, "Throughout the past year the bank achieved solid growth in order…
Appetite for funds of hedge funds growing in the Middle East
Middle Eastern investors are increasingly looking to make fund of hedge fund investments, according to Francisco Arcilla, head of funds…
Agency to Cut Off Iranian Banks From World Payment System
The world's largest electronic payment system says it will cut off Iranian banks blacklisted by the European Union, another step…
Capivest acquires 9% of Naseej
Bahrain-based Capivest, an Islamic Investment Bank established in 1981, announced the successful conclusion of a $30m plus deal with Cemena…
Banks rise as bourses fall
Banks were the big winners on UAE bourses yesterday at the end of a roller-coaster week for property stocks, as…
Egypt sees tougher banking regulation by April
Egyptian banks will have to hold a higher level of capital to protect their riskier assets after a change in…
Bonhams appoint Middle East Rep
Bonhams, the international fine art auction house, this week appointed Deborah Najar Jossa as the company's representative in the Middle…