Wednesday 10 February 2016
 
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Reuters

EFG Hermes named top investment bank in ME

EFG Hermes, a leading investment bank in the Arab world, has named the top investment bank in the Middle East, as ranked by fees generated from equity capital market transactions, according to a report.   The ind

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Mena businesses ‘lacking in cyber security policy’

Two thirds of businesses in Mena do not have a cyber security or technology policy in place, while only 14 per cent are confident that technology is appropriately applied, according to a new report. Thomson Reuters, the world'

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Bahrain tops GCC in Islamic finance development

Bahrain has maintained its global second position globally, according to the Islamic Finance Development Indicator (IFDI) 2015 report launched at the ongoing World Islamic Banking Conference in the kingdom. Thomson Reuters, a glob

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Saudi haj disaster death toll at least 2,070: Reuters

The deadly crush that occurred at the haj near Makkah last month killed at least 2,070 people, nearly triple the number accounted for in a death toll maintained by Saudi authorities, a Reuters tally indicated on Thursday.  

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Yahoo in ad pact with Google as profits drop

Yahoo said on Tuesday it had signed a search advertising deal with Google, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.

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Mideast M&A value up 23pc to top $33bn

The value of mergers and acquisitions (M&A) transactions with any Middle Eastern involvement reached $33.7 billion during the first nine months of 2015, marking a 23 per cent year-on-year growth, said an industry expert. This

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US universities lead world in innovation

US universities lead the world in scientific innovation but face strong competition from Asian rivals with close ties to industry, according to a detailed analysis of academic papers and patent filings. The inaugural Reuters Top 1

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Ethical finance awards opens for entries

The 2015 Ethical Finance Innovation Challenge Awards (EFICA) in its third edition has opened for entries. The awards, which will focus on ideas that will help broaden the appeal of ethical finance to a global audience and to rewar

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Demand for Islamic funds to reach $185bn

Islamic funds sector is likely to grow to at least $77 billion by 2019 from $60 billion now, while the latent demand is projected to grow to $185 billion, a study said. There are substantial growth opportunities but the industry w

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Mideast M&A value jumps 152pc to $9.5bn in Q1

The value of Middle Eastern mergers and acquisitions (M&Ss) reached $9.5 billion during the first quarter (Q1) of 2015, marking a 152 per cent increase from the first three months of 2014 and the best annual start since 2012, a report said.

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