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.
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.
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
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
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,
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.
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
Bentley Systems, a leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, has launched its AssetWise APM V7.3, an enhanced version of the firm’s asset performance management offering.
UAE-based asset management company Elitizam Asset Management Group has launched its new group of companies to offer integrated property solutions and facility services in the UAE, with plans to expand across the region.
Mumtalakat does not plan to sell off any assets this year and would pursue business projects as usual, its top official has said.
The sovereign wealth fund's chief executive Mahmood Al Kooheji said this during a keynote interv