Middle East

Middle East | 6 Nov 15

The sharp fall in oil prices and the impact it will have on Saudi Arabia’s government finances led ratings agency Standard and Poor’s to cut its credit rankings for eight of the country’s major banks on Friday.

Middle East | 4 Nov 15

Wealth manager Old Mutual Global Investors (OMGI) has appointed Simon Barrett as head of Middle East and Nordic distribution.

Middle East | 3 Nov 15

Isle of Man-based Qatar Investment Fund (QIF), which invests largely in Qatari-listed stocks, has announced details of its planned tender offer ahead of a discontinuation vote at its annual general meeting on 12 November.

Middle East | 28 Oct 15

AES International has expanded its Dubai office with the appointment of two new salary-based advisers.

Middle East | 27 Oct 15

The idea of an industry body to represent asset managers based in the Middle East in dealing with regulators and government departments may be about to resurface.