StanChart sees 25-30% growth in pvt banking in 2012
Standard Chartered India is eyeing 25-30 per cent growth in its private banking business in 2012. This is part of…
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Al Ramz Securities obtains license from Securities & Commodities Authority to provide services outside UAE
Al Ramz Securities, one of UAE's leading brokerage houses, has obtained a license from the Securities and Commodities Authority (SCA)…
Top Islamic lender said to hire banks for possible bond sale
Emirates Islamic Bank, a unit of Emirates NBD PJSC, hired six banks to manage the possible sale of a benchmark…
Global law firm advises Emaar on financing deal
International legal practice Norton Rose (Middle East) said it had advised Emaar Properties on the Dh3.6 billion ($1 billion) Shariah…
Aldar fears fade after $4.6bn Abu Dhabi bailout
Aldar Properties Islamic bonds rallied the most in eight months after the developer got AED16.8bn ($4.6bn) from the Abu Dhabi…
Secure Markets? Has the UAE's caution paid off?
How do Permal managers perceive the UAE? Managers generally see the UAE as secure markets, with few of the difficulties…
Mystery of the missing $2 million in gold bullion
The head of an insolvent mortgage company unloaded $2.2 million in gold and silver from his car at a Rexdale…
CB Vice Governor Turhan appointed İMKB head
Mustafa İbrahim Turhan, one of the four vice governors of the Central Bank of Turkey, has been appointed the new…
IFC invests $170 million in BankMuscat
IFC Capitalization Fund will invest $170 million in subordinated debt in BankMuscat, the largest commercial bank in the Sultanate of…
Dubai plan to cut state spending urges bond upturn
Dubai government bond yields tumbled the most in four weeks after the Gulf emirate pledged to halve its 2012 budget…
Abu Dhabi sovereign fund eyes India
The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds with an investible amount of $700…
UAE banks boost profits to Dh25b
Net profit of banks operating in the UAE grew 11.3 per cent to Dh24.98 billion in the first 10 months…