Latest News

20 May 2011
Recent and ongoing political risk in the Mena region poses the single greatest threat to global economic recovery, according to a survey by Schroders.
20 May 2011
Saudi Arabia’s Public Pension Agency (PPA) is bullish on internal investments, according to its governor Mohamed Al-Kharashi.
20 May 2011
Russell Investments to launch its first Mena office in Dubai and plans senior hires
19 May 2011
Kuwait’s Capital Market Authority (CMA) has started to implement a new suite of fund regulations, with local fund managers expected to comply before the year is out.
18 May 2011
Alaska’s $41bn sovereign wealth fund has made a significant drive towards emerging markets investing with a new $820m multi-asset emerging markets mandate.
16 May 2011
Kuwait’s Boubyan Bank has launched an open-ended money market fund which will invest in Shariah-compliant short and medium-term instruments available in the financial markets.
15 May 2011
Oman’s Central Bank has approved Shariah- compliant fund management and financial services, and paved the way for the country’s first Islamic bank.
15 May 2011
Dubai’s GulfMena Investments and Qatar’s First Investment Bank (QFIB) have established a Tebyan Asset Management in a new joint venture.
11 May 2011
Mayar Capital Management has launched its new business in Saudi Arabia, with a debut fund offering worth $3m.
1 May 2011
UAE-based fund managers are threatening to leave the jurisdiction in response to new draft regulations issued by the Emirates Securities and Commodities Authority (SCA), Mena FM has learned.
28 Apr 2011
Swiss pension fund SPIDA Personalvorsorgestiftung is considering initiating a new emerging market allocation over the course of the year, Mena FM has learned.
28 Apr 2011
Ratings agency Moody’s has placed investment holding company KIPCO and its subsidiary United Gulf Bank (UGB), on review for possible downgrade.