(Bloomberg) — Arqaam Capital Ltd. is closing its South African office as the Dubai-based investment bank joins other brokers paring back operations in the continent’s financial-markets...
Nomura Holdings Inc. named Kentaro Okuda as its new chief executive officer, turning to a 32-year company veteran to help cement a sweeping overhaul of its...
Bank Muscat’s Oryx Fund registered industry leading gains of 13.4% during the nine month period ending September 30, 2019 as against a return of 3.7% for...
(Bloomberg) –Global central banks are approaching the end of the year with a collective shudder at the risky behavior that their low interest-rate policies are encouraging....
From $25 billion budget to revamp infrastructure ahead of the 2022 FIFA World Cup to massively expanding LNG output capacity to add $40 billion to revenues...
Ratings agency Moody’s Investors Service has outlined a stable outlook for Gulf Cooperation Council (GCC) banks, underpinned by solid economic growth and strong capital buffers and substantial...
Bahrain-based Bank ABC (Arab Banking Corporation) entered the digital space with it’s new mobile-only ‘ila Bank’. This is latest in series of the bank’s modernisation programme that...
(Bloomberg) — The European Union is planning a 3.5 billion-euro ($3.9 billion) fund that will invest in early stage technology in an effort to increase the...
Dubai’s largest lender Emirates NBD Bank raised an additional capital of AED 6.45 billion by issuing new shares with an over-subscription of approximately 2.8 times. The net proceeds...
Bahrain’s alternative asset manager Investcorp has acquired two industrial and logistics portfolios for approximately US $800 million. The portfolios, acquired by the firm’s US-based real estate arm, consist of 126...
