New Malaysian standards for sharia-compliant equities are expected to attract more Islamic investment funds from the Gulf, a senior official of the country's Securities Commission said.
A revised list of Malaysian equities tha
Private investors from Gulf countries, including a royal family from the UAE, plan to establish the first full-fledged Islamic bank headquartered in the euro zone, an executive said on Tuesday.
The investors aim to launch the vent
Hopes may be disappointed for an influx of money from Qatar and other Gulf states into battered European banks, since Gulf investors are likely to see many of the banks as too risky and out of line with their investment strategies.
Middle East investors are looking West for investment opportunities as financial crises in developed markets such as Europe create more value plays, a study released by US-based fund manager Invesco showed.
Growth in emerging markets have
Middle East investors are looking to invest more in emerging markets than in North America, Europe or Japan, lured by the higher returns such regions offer, a study released by US-based fund manager Invesco showed.
In a report published on
Leading members of the Middle East's independent, institutional and sovereign wealth investment community are gathering in Dubai tomorrow (November 16) to try and plot a safe course through global financial turmoil and economic slowdown.
British bank Barclays said it will raise £7.3 billion ($11.8 billion), mostly from investors in Abu Dhabi and Qatar, to bolster its finances amid the global credit crunch.
The fresh capital means that Barclays will not have to get extra fu
Gulf Arab investors said on Wednesday they would set up a $6 billion infrastructure investment bank and a $3 billion agriculture investment firm complying with Islamic law.
Bahrain-based Gulf Finance House, Ithmaar Bank and Abu Dhabi Inves