albawaba.com middle east news information

Sunday 8th, November 2009 -- 03:27 GMT

Banking & Finance


	Man Investments and Credit Suisse announce launch of managed accounts initiative



	Man Investments and Credit Suisse have today announced the launch of a managed accounts initiative in response to investors’ increased demands for transparency, liquidity and control. ...


	Activity declines in the Middle East IPO market in Q3 of 2009: Ernst & Young



	Three IPOs in Saudi Arabia and one in Syria raised a total of US$871.79 million in Q3 ’09 ...


	Global: Kuwait market lost 7.19% in October-2009



	The Kuwait Stock Exchange (KSE) lost 7.19% during the month of October 2009 as “Global” General Index ended the month at 203.70 ...


	Gulf International Bank to issue Saudi riyal-denominated bonds in KSA



	Gulf International Bank (GIB) has announced its debut Saudi Riyal bond issuance through its Riyadh branch. ...


	Egyptian Arab Land Bank installs latest technology at ATMs to protect customers



	The Egyptian Arab Land Bank, one of the largest Egyptian commercial banks and one of the oldest banks operating in Jordan, has installed the latest high-tech security and control monitors from NCR Corporation, a leading global technology company, at ...


	Shari’a compliant products preferred over conventional funds by 65 per cent of KSA population



	Numerous Muslims yet to be serviced with Islamic ...


	Derayah - Investment funds' asset achieve 8% of annual growth



	Now up to 89 billion ...


	Dubai Investments PJSC reports profit of AED 822 million for the nine month period ended 30th September 2009



	Dubai Investments PJSC (“DI”), the largest investment company listed on the Dubai Financial Market, today announced its financial results for the nine month period ended 30th September 2009 ...


	Mashreq registers net income of AED 1.12 billion for nine months to 30th September 2009



	Nine month operating income AED 3.9 ...


	Aabar announces AED 1.478 billion profit for 3rd quarter



	Abu Dhabi’s Aabar Investments PJSC ("Aabar") has made a profit of AED1.478 billion for its third quarter. Aabar’s book value per share increased from AED3.50 in the second quarter, to AED3.97 in the third ...


	GFH rights issue passes US$200 million



	US$350 million funding raised including planned US$100 million convertible murabaha and recent US$50 million ...


	Emirates NBD announces strong 2009 3rd quarter results



	Emirates NBD (DFM ticker: EmiratesNBD), the Middle East’s largest banking group by assets, today announces its results for the 9 month period ending 30 September ...


	Syria: Insurance premiums up by 4.36%



	Insurance premiums in Syria went up by 4.36% during the third quarter of 2009 over the same period last year, said Mohammad ...


	KFH net profit KD106.4 million for the first nine months of 2009



	5% Growth in Net Profit Q3 versus Q2 – ...


	Libyan Stock Market registers the holders of ACPA certificate



	LSM resolved that holders of ACPA who have fulfilled the requirements for registration as certified accountants shall be registered in the Accountants and Auditors Register authorizing them to practice external auditing. ...


	GFH confirm early receipt of US$150 million rights issue capital



	Gulf Finance House, the leading Middle Eastern Islamic investment bank confirmed today it has already received in excess of US$150 million from investors in its rights issue. ...


	BIsB makes small profit for period ended on 30th September, 2009



	Bahrain Islamic Bank (BIsB) Board Chairman Mr. Khalid Abdulla Al Bassam has said the Bank continues to pursue its conservative policies and complies with the directives of the regulatory authorities by setting aside more provisions for bad debts and ...


	First Gulf Bank reports strong financial results



	20% of solid growth with Q3 Net Profit at AED930 ...


	NBK reports net profit of USD 703 million for the first nine months of 2009



	Third quarter net profits increased by 10% to USD 263 ...


	SICO: Robust growth potential for regional asset management industry



	Long term prospects for the regional asset management industry is positive, underpinned by strong macroeconomic fundamentals. ...


	Trowers & Hamlins advise on the $110 million acquisition of Qatar Shipping subsidiary



	Trowers & Hamlins, the international law firm, has advised a consortium including Unicorn Investment Bank, The First Investor and Qatar First Investment Bank on the purchase of Qatar Engineering & Construction Company (Qcon) from Qatar Shipping for ...


	Dubai International Financial Centre hosts release of Regional Economic Outlook for the Middle East and Central Asia by IMF



	The latest Regional Economic Outlook prepared by the Middle East and Central Asia Department of the International Monetary Fund (IMF) outlines policy challenges and prospects for the region as the global economic recovery gets under ...

	GCC market performance ...

	ANB profit up 1.1% first nine months ...

	UAE strongest Arab market in ...

	PIC signs Middle East alliance with ...

	Gulfmena launches its flagship fund the ...

	"Global Finance" selects NBK amongst ...

	Credit growth remains modest… ...

	GFH unveil rights issue offer price of ...

	S&P to calculate & maintain NBAD ...

	ANB Invest assigns the marketing of its ...

	DGCX volume increases 6% ...

	284% subscription coverage in Buruj ...

	NBAD Opens Two New Branches in Western ...

	Save and Triple your chances of winning ...

	NBAD Appoints a Regional Manager in ...

	NBAD Organizes Global Financial Markets ...

	Five Days International Islamic Banking ...

	Abu Dhabi's TDIC Sukuk Ltd. proposed ...

	DFM asks banks to release dta on ...

	Global Opportunistic Fund I distributes ...

	Qtel’s revolving credit facility ...

	National Bonds Corporation appoints UAE ...

	Al Wifaq contributes AED 6.4 Million to ...

	North America next big growth market ...

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