Banks Palestine Growth Capital Fund achieves a US$ 36m first closure Administrator Mar 13, 2012 0 Abraaj Capital, Palestine Investment Fund (PIF), Bank of Palestine (BoP), Cisco and the European Investment Bank…
Banks HSBC Sells Insurance Units for $914m Administrator Mar 7, 2012 0 HSBC Holdings Plc (HSBA), Europe’s largest bank by market value, agreed to sell some of its general insurance units…
Arab DFM records 15-month High Yomna Yasser Mar 5, 2012 0 Dubai stocks, almost on a consistent upswing since the middle of February, on Sunday rallied to their highest level…
Banks NBAD increases Dh170m in income fund Administrator Mar 1, 2012 0 National Bank of Abu Dhabi, or NBAD, Cautious Fixed Income Fund, an open ended instrument has raised Dh170 million…
World Europe stocks lower, Vivendi Off, C&W Worldwide Up Yomna Yasser Mar 1, 2012 0 European stock markets opened lower on Thursday, with banks, oil, pharma, miners and autos all contributing to the…
Arab Europe Stocks go mostly Lower Yomna Yasser Feb 28, 2012 0 European stock markets headed mostly lower Tuesday after data showed orders for U.S. durable goods sank 4% in…
Banks Citigroup economist assesses Eurozone crisis, Egypt Amwal Al Ghad English Feb 28, 2012 0 About 120 people attended a November 20 breakfast event with Citigroup’s chief economist, Willem Buiter, at the…
Banks HSBC to focus more on Asia after achieving $22 billion profit in 2011 Administrator Feb 27, 2012 0 HSBC Holdings Plc (HSBA) posted a $21.9 billion profit for 2011, the best outturn by a western bank so far, Reuters…
Banks Ahli United Bank achieved USD 310.6 m in 2011 net profits Administrator Feb 27, 2012 0 Ahli United Bank Group (AUB) achieved USD 310.6 million in net profits, which is the highest rate AUB has ever…
Banks Swift Ready to Expel Iran’s Central Bank Administrator Feb 25, 2012 0 The financial messaging service for most international money transfers has told U.S. officials it is prepared to…