Thursday 11 February 2016
 
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Wasl Asset Management Wins CSR label award

Wasl Asset Management Group has won the corporate social responsibility (CSR) label award from Dubai Chamber of Commerce and Industry (DCCI).   The company was honoured with the award in recognition of its except

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Saudi’s Apicorp to acquire shipping asset soon

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, its chairman told Reuters on Thursday.   &

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Asset allocation to be probed at major Bahrain forum

The World Islamic Banking Conference (WIBC) 2015, hosted by Bahrain next month, will gather seasoned economists, asset managers and investment bankers providing a holistic view of asset allocation opportunities for next year, the organiser of

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Mondelez seeks European cheese and grocery asset sale

Mondelez International is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods and refreshments.

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Nikko Asset Management offers fund for ME investors

Nikko Asset Management, a leading asset manager, has launched a Luxemburg-domiciled Asia ex-Japan Equity UCITS fund that will allow Middle Eastern investors to tap into investment opportunities in Asian markets.   

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Apicorp maintains strong asset quality, despite oil prices

Arab Petroleum Investments Corporation's (Apicorp) asset quality and capital adequacy remain strong, despite the drop in global oil prices, according to a Moody's Investors Service report.   The rating ag

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GIB’s asset management products win major honour

Bahrain-based Gulf International Bank (GIB),  owned by the six GCC countries, has won the 'Fastest Growing Asset Management Bank, Saudi Arabia' award from the international business magazine Global Banking and Finance Review. The

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Deutsche appoints Mena asset management head

Deutsche Asset and Wealth Management has appointed Albert Trinkl as head of Institutional Asset Management Mena, Global Client Group.   Trinkl is based in Dubai, UAE and reports functionally to Barbara Rupf Bee,

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LPTIC consolidates key African telecom investments

LPTIC, Libya's leading postal, telecommunications and information technology company, has consolidated several Libyan-owned shareholding in mobile and fixed-line network operating companies in sub-Saharan Africa.  

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Islamic asset managers 'need to boost services'

Almost 70 per cent of Middle Eastern wealth is transferred overseas, an expert has warned. To attract this wealth, Islamic asset managers need to compete with institutions overseas by providing both attractive yields and a superio

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