Moody’s upgrades Gulf Investment Corporation
The Gulf Investment Corporation (GIC) announced Moody’s Credit Rating Agency upgraded its stand alone (BFSR) rating from ‘D-‘ to ‘D’
Leading Swiss Private Bank opens for customers in DIFC
Swiss Private Bank Vontobel launches Private Banking activities in Dubai
Latest Investment Trends for GCC Residents
Investors in the GCC - not a homogenous entity and there is a need to tailor products to their investor segment
Life wrappers - preferred...
Saudi eXtra IPO opens for subscription on December 5, 2011
IPO to open to all Saudi nationals following completion of book-building process
CEO Transitions – a risky business when comes to shareholder value
Study Challenges Perceptions of CEO Transitions and the Risk to Enterprise Value
Has The Stock Market bottomed out?
Definitely, this is a ''Big Question'' and if you know the answer, you may be well ahead of the game.
Investors and analysts alike are...
DFM posts third quarter loss of Dhs9.28m
The Dubai Financial Market (DFM) Company announced today its financial results for the first nine months of 2011 ending September 30th, with a 90%...
MENA Corp opens new branch in Dubai
Amid industry players’ shutdowns, MENA CORP eyes expansions in local market
Premier financial services group MENA CORP is pleased to announce it defied a trend...
First Gulf Bank Q3 Net Profit rises 8%
Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...
Frontier Markets No Riskier than Emerging Markets
Some of the world's most rapidly expanding economies fall into what is popularly referred to as the Frontier markets.
Fund Manager Survey finds Sovereign Debt Fears easing as Investors anticipate...
Global investors appear to be coming to terms with the prospect of a default by the Greek government, according to the BofA Merrill Lynch...
Emirates Development Bank estblished with a Federal Law
Possessing a capital of AED 10 billion, the EDB will aid in promoting economic growth for the UAE HE Al Tayer said
HE Obaid Humaid...
Cancer Cover Insurance for Women by Takaful
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...
MENA Corp and ZagTrader launch new Online Trading Platform
Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...
Central Bank of UAE launches International Bank Account Number
The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...
United Arab Bank Financial Results for firts nine months of 2011
Operating Profit up by 20% to AED 281 million
Loans and advances up 38% to AED 7.6 billion
Customer deposits up 39% to AED 6.7 billion
Net...
MENA IPOs raise US$218.9 Mn in Q3’11, up by 23.6%
MENA IPO Update, regional capital markets raised US$218.9 million in the third quarter of 2011, up by 23.6% from the US$177.04 million raised during the same period in 2010
Asia-Pacific’s HNWI Population exceeds Europe’s for First Time
Wealth Management Firms Need to Offer Capabilities from Other Business Units to Meet Demands of Asia-Pacific HNWIs
Asia-Pacific’s population of high net worth individuals (HNWIs1) grew...