Monday 14 July 2014
Ernst and Young

Mena merger deal value soars to $44.8bn

The mergers & acquisitions (M&A) deal values in the Mena region grew a healthy 42 per cent in 2012 to hit $44.8 billion compared to $31.6 billion the previous year, with the UAE and Qatar leading the regional deal activity, said a report


Quality of growth vital for Islamic finance industry

The quality of growth in Islamic finance is more important than merely its numbers, said an expert as the industry moves towards greater regional penetration and branches into frontier markets such as South Asia and Africa. "


CFA probes banking industry challenges

The institute of Chartered Financial Advisers (CFA) Bahrain organised a presentation on Basel III and the challenges to the region's banking sector for its members. Basel III is a newly-introduced regularity standard to strengthen banks' c


Mideast IPO market down 9pc

The Middle East IPO market recorded a 9 per cent decrease in the first half of this year compared to the same period last year, according to a report. The market maintained a low level of activity with 11 small-sized IPOs worth a total of


70pc of firms will spend more on climate change

Seventy per cent of firms with revenue of $1 billion or more say they plan to increase spending on climate change initiatives in the next two years, a global survey reported on Tuesday. Nearly half of the 300 corporate executives who respo

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