Emirates NBD Asset Management making an international push

The asset management arm of Emirates NBD Bank is making a push into the international market now that its Ucits umbrella has hit the all-important three-year mark, senior executive officer Salman Bajwa tells International Adviser.

Middle East | 22 Jun 17

Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam

Almost two thousand people have been caught up in a AED800m (£172m, $218m, €195m) Ponzi-style investment scheme that turned out to be the biggest scam in Abu Dhabi history.

Emerging Markets | 22 Jun 17

Saudi closes in on emerging market status as royals reshuffle

Saudi Arabia has taken a big step towards being classified as an emerging market after the MSCI added the Gulf state to its watchlist for potential upgrade on Tuesday, with the Saudi royal family making an unprecedented succession change a day later.

Macro Views | 16 Jun 17

Gulf nations push up interest rates after Fed move

Saudi Arabia and the UAE, along with Qatar, Bahrain and Jordan have raised interest rates in line with this week’s decision by the US central bank to hike its Federal funds rate by 25 basis points to 1.25%.

Investment | 15 Jun 17

Saudi asset manager combines Shariah and ethical strategies

Sedco Capital, one of the largest asset managers in Saudi Arabia, has launched an investment strategy that integrates the firm’s Shariah-compliant investment approach with ethical investing.

Middle East