Saturday 30 August 2014
 
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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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UK court freezes assets of ex-GFH unit official

A British national being sued for $5 million by a subsidiary of Bahrain-based Gulf Finance House (GFH) has had his assets frozen by UK courts. Former GFH Capital deputy chief executive David Haigh is accused of a breach of contract and

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Takaud set to highlight assets plan

Bahrain-based Takaud, the specialist savings and pensions provider for the Mena region, will be sharing insights into its particular approach to allocating assets at a key upcoming event. The company's acting chief executive Eric Va

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As some assets take a hit, investors fear worse is to come

World financial markets became reacquainted with fear last week, and even if it was short-lived, the ructions in some riskier assets looked to some like a precursor to a much rougher ride down the road. Concerns that Portugal'

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UAE foreign assets surge 38pc to $77bn

The UAE central bank's foreign currency assets jumped 38 per cent from a year earlier to Dh282.9 billion ($77 billion) in December as holdings of foreign securities and deposits abroad increased, data showed on Thursday.   

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Hikma acquires assets of US pharma group

Hikma Pharmaceuticals, a leading medical group in the region, has signed an agreement with Boehringer Ingelheim Group of Companies to acquire the assets of Bedford Laboratories for $300 million. Hikma is a fast growing multination

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Islamic banking assets to top $3.4 trillion by 2018

Global Islamic banking assets with commercial banks are on course to exceed $3.4 trillion by 2018, fueled by growing economic activity in core Islamic finance markets according to specialists at EY’s Global Islamic Banking Center.

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Citadel Capital assets surge 5-fold to $4bn

Citadel Capital, a leading investment company in Africa and the Middle East region, saw its assets rise more than five-fold on the balance sheet which hit EGP30 billion ($4.15 billion). The company saw its full-year aggregate (non

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Obama lists assets worth up to $7.15 million

US President Barack Obama lists assets worth between $1.95 million and $7.15 million, of which $1 million to $5 million were in Treasury notes, according to financial disclosure forms released on Thursday. Obama and his wife, Mich

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Alkhair mulls expansion of assets by 10pc

Saudi Arabian sharia-compliant investment bank Alkhair Capital expects to expand its $2 billion of assets under management by 10 per cent annually as it attracts foreign investors to the kingdom, its chairman said. Alkhair, which

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