Under an agreement between the two parties, Finance House will acquire CAPM's investment banking and asset management licence, offering a premium of between 5 to 10 percent to the value of those businesses, one of the sources said speaking on conditi
Several Qatari banks may delay or even halt plans to offer brokerage services following a recent directive from Qatar's central bank about the activities they would be allowed to carry out, sources said.
The oil-rich nation began building up shares in the oil giant last summer and now has a stake of more than 2 billion euros, making it one of the company's top five shareholders, said Les Echos.
Fast-growing markets in the Middle East, Africa and South and Central Asia are attracting insurance players from across Europe to economies with low insurance penetration and in some countries promising demographics.
Sovereign wealth funds (SWFs) and cash-positive pension funds from Asia and the Middle East are an emerging force behind the high level of global capital currently flowing into the Central London commercial real estate market, according to the latest rese
Dubai-based Emirates NBD, the largest bank in the United Arab Emirates, is selling $119 million in so-called dim sum bonds, debt securities issued in the Chinese yuan outside of mainland China, primarily Hong Kong.
The offshore yuan bond, also popularly known as dim sum bonds from Emirates NBD, forms part of the bank's $7.5 billion Medium Term Note Programme.
The partnership between Knight Frank and ADNP provides NBAD’s client base with direct access to property both inside and outside the UAE, links the capital markets around the world, and gives Knight Frank’s global residential and commercial cl
A Northern Trust survey of 121 institutions, predominantly pension funds, in Europe, Asia and North America, forms the basis of the white paper entitled, Customized Beta: Changing Perspectives on Passive Investing.
The survey, which covered more than 600 institutional investors representing $1.04 trillion of hedge fund assets, found that investors expect their hedge fund portfolios to return 8.6 percent in 2012, down from 11 percent last year.