» SHUAA receives 'UAE Equity Fund of the Year' Award from MENA Fund ...
07/02/12 09:48
SHUAA CapitalSHUAA Capital (DFM: SHUA.DU), the region's leading financial services institution, is pleased to announce that its Emirates Gateway Fund has ...
» Qatar seeks to lure asset managers
07/02/12 09:35
In Dubai , which has established itself as the de facto financial hub for the Middle East , concern is growing about new federal regulations that could make it harder for DIFC-registered funds to market their products outside the financial ..
» Renewed optimism pushes Dubai index to five-month high - CPI Financial
07/02/12 01:17
CPI Financial Renewed optimism pushes Dubai index to five-month high CPI Financial Dubai Shares hit a five-month high on 6 February, with The Dubai Financial Market (DFM) General Index gaining 0.64 per cent to 1476.24 – its highest close s..
» Robust banking to support $100bn projects: QCB chief - Gulf Times
06/02/12 16:49
Gulf Times Robust banking to support $100bn projects: QCB chief Gulf Times Qatar's financial performance was all the more impressive given fears of contagion from the eurozone debt crisis and slow growth in the US and other developed m..
» UASA meets in Doha on outlook of Arab capital markets - Kuwait News Agency
06/02/12 15:18
UASA meets in Doha on outlook of Arab capital markets Kuwait News Agency Dr. Al-Halyan said that not all Arab stock markets were affected by the events of the Arab Spring, Qatar News Agency (QNA) reported. \"The revolution in Egypt pushed d..
» Kuwait edges towards bourse sell-off - Financial Times
06/02/12 12:02
Kuwait edges towards bourse sell-off Financial Times By Camilla Hall in Kuwait and Simeon Kerr in Dubai The pigeons fluttering above the heads of Kuwait's stock traders make one thing clear: the bourse, one of the oldest in the region,..
» Saudi bank lending to grow 12% in 2012; profits to rise
06/02/12 11:11
JEDDAH – Saudi banks are projected to net higher earnings in the next years ... to profits growth in 2010-2011, Saudi American Bank Group ( SAMBA ) said.
» January brings surge of new cash into ETFs
06/02/12 10:44
Global net new inflows into ETFs (funds and products) reached $35.8bn last month, compared with $14.2bn in January 2011, according to preliminary data from BlackRock . Joe Linhares, head of iShares Emea for BlackRock , says the data show in..
» Slow growth weighs on Middle East mergers and acquisitions
06/02/12 01:19
A report by Ernst & Young has said mergers and acquisitions in the Middle East and North Africa rose slightly in 2011, but the combined value of deals fell by more than a quarter as slower economic growth weighed on prices, Reuters has repo..
» Business activity on the up again in UAE
06/02/12 01:19
According to the purchasing managers\' survey by HSBC, growth in business activity in the UAE’s non-oil private sector rose slightly in January after slipping to a four-month low in the previous month, Reuters has reported. The HSBC UAE Purc..
» Qatar budget surplus seen expanding by 10% of GDP - Gulf Times
05/02/12 15:35
Qatar budget surplus seen expanding by 10% of GDP Gulf Times In its Q1, 2012 “Macro Middle East economics” HSBC estimates Qatar's total reserves, including Qatar Investment Authority holdings, at more than $100bn. Qatar, HSBC said, rem..
» STC rings up higher returns - Arab News
05/02/12 15:30
STC rings up higher returns Arab News The bank has rated STC as a preferred share among telecom firms listed on the Saudi stock exchange. It also highlighted STC's distinct ability to provide various features. The latest recommendation..
» Sukuk market to see strong growth - Business Times - Malaysia
05/02/12 13:00
Sukuk market to see strong growth Business Times - Malaysia By Roziana Hamsawi The Islamic finance industry is expected to continue to enlarge and deepen its footprint in the next 11 months, an economist said. RAM Rating Services Bhd Islam..
» Anticipation dominates Kuwait stock market - Kuwait News Agency
05/02/12 12:57
Anticipation dominates Kuwait stock market Kuwait News Agency KUWAIT, Feb 5 (KUNA) -- A state of anticipation is dominating the Kuwait stock market as traders waiting annual financial statements of listed companies and impact of new parlia..
» UAE bourses\' contrasting courses - The National
02/02/12 15:28
The National UAE bourses' contrasting courses The National The Dubai Financial Market (DFM) recorded its biggest intraday losses since December after worries resurfaced in the property and banking sectors. However, the sell-off yesterd..
» Egypt bourse shockwaves felt at Dubai Financial Market
02/02/12 06:31
The DFM General Index dipped 1.21%, closing at 1,435.96 points as the Egyptian Exchange dived over two per cent Thursday on fears the military could reinstate the martial law after riots in a Port Said football stadium left more than 70 dea..
» Egypt receiving $1.15bn \'urgent financial aid\' from EU, World Bank
02/02/12 01:08
Egyptian finance minister Momtaz El-Saeed has announced the country is to receive an urgent aid package worth $1.15bn from the European Union and World Bank, Ahram has reported. The European Union is to supply $650m, while the World Bank is..
» UAE central bank to cap interest on credit cards
02/02/12 00:33
The UAE central bank is finalising rules that would cap the interest rate banks charge on credit cards at 18 percent annually to curb bad loans, Al Khaleej newspaper reported on Tuesday, citing a senior central bank official. See all stori..
» Saudi equity market cap surges to SR1.30 trillion - Arab News
01/02/12 15:31
Saudi equity market cap surges to SR1.30 trillion Arab News By KHALIL HANWARE | ARAB NEWS JEDDAH: The Saudi stock market showed a positive march in January after falling over 3 percent in 2011. In January, the Tadawul All-Share Index (TASI..
» 'Gulf foreign currency lending jump 170% in 2011'
01/02/12 11:49
Earlier inaugurating the symposium, Qatar Central Bank governor HE Sheikh Abdullah bin Saud al-Thani said the debt crisis crippling countries in the eurozone would have an indirect impact on the GCC financial sector. “Counterparties and so..