Hedge funds to get bigger investment share
(Shuchita Kapur - Business 24|7 - 08/03/2010)
Hedge funds are set to receive a larger proportion of the Middle East investors funds this year compared with 2009, a new survey has revealed.
According to the "Middle East Hedge Fund Investor Survey" by Capintro Partners, 90.9 per cent of res...
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The Investment Strategy
(Lahem al-Nasser - Asharq Al-Awsat - 07/03/2010)
The world looks at the Gulf region as a source of low-cost financing due to its surplus wealth and as a result of the limited investment opportunities available there. However the financiers and their wealth in this region suffered discrimination in west...
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Downgrades reflect Dubai World fallout
(Wayne Arnold - The National - 06/03/2010)
New warnings about debt levels at six companies controlled by the Abu Dhabi Government could raise pressure on the emirate to slow the pace of development as it grapples with the unanticipated effects of Dubai’s financial travails.
Citing ...
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Market volatility affects Gulf bonds issuance
(Gaurav Ghose - Gulf News - 06/03/2010)
Two months into the year and the Gulf region has had two debt issuances totalling $639.1 million (Dh2.4 billion). Thats a relatively good start in contrast to the same period last year, when there was one bond issuance, worth just $108.9 million (Dh400.8...
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Hurdles for Saudi power plans
(Chris Stanton - The National - 06/03/2010)
Fuel shortages and other hurdles will put new electricity generation targets in Saudi Arabia out of reach, analysts say, as the kingdom prepares to use more of its valuable crude oil to keep domestic lights on and air conditioners running.
Sau...
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Peak demand for oil might already have peaked
(Robin M Mills - The National - 02/03/2010)
Have the oil exporters become complacent? Has an attractive story blinded them to a growing threat to their lifeblood?
The US energy secretary Steven Chu, speaking in Saudi Arabia on his way to the UAE, said his country wanted to import less o...
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Debt poses dilemma of quick fix or not
(Frank Kane - The National - 01/03/2010)
UAE banks face a dilemma: do they write off their full exposure to Dubai World and other indebted government-related enterprises in one fell swoop? Or do they string out the pain over two years or more?
Yesterday’s report from the IMF – to the...
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Asya Bank makes mark in cards
(Mushtak Parker - Arab News - 01/03/2010)
Following the restructuring of the Turkish Banking Act in 2007, which brought the licensing and regulation of Turkeys so-called interest-free (Islamic banks) under the comprehensive new banking law, on a par with their conventional counterparts, there ha...
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Economic Crisis to Result in a Boom for the GCC Banking Sector
(Khaleej Times - 01/03/2010)
A.T. Kearney, one of the world’s leading management consulting firms in the financial industry, says the crisis has provided GCC banks with the impetus to take a big step on the road to maturity and consider operational excellence given the current scena...
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New Gateway to guide industry
(Mushtak Parker - Arab News - 01/03/2010)
The launch of Thomson Reuterss supposedly "next generation Islamic Finance Gateway to guide the emerging industry to the next stage of growth and development" comes at a time when the industry is taking stock in the aftermath of the worst global financia...
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