Middle East

Middle East | 22 Mar 13

Sedco Capital, the Saudi Arabia-based asset manager, has launched an investment platform of Sharia-compliant funds aimed at high net worth investors and institutional investors.

Middle East | 18 Mar 13

Standard Chartered Bank is to use Dubai as a hub to build on growing trade between emerging markets, with plans for more regional expansion in Africa and the Middle East, a top executive at the company has said.

Middle East | 14 Mar 13

The United Arab Emirates has been the top performing country constituent of the Russell Emerging Markets Index so far this year.

Middle East | 12 Mar 13

Some 30,000 expatriates who work in Kuwait’s public sector stand to lose their jobs after the country’s parliament approved legislation capping the percentage of foreigners allowed to do such work, according to Gulf media reports this morning.

Middle East | 11 Mar 13

Optimism regarding global economic growth prospects has increased in the last year among Gulf intermediaries, but the Eurozone crisis remains a major concern for global financial markets, according to a poll carried out in Dubai last month by Invesco Asset Management.