News Column


August 6, 2014


So long, and thanks for all the Fiqh

As I come to the end of my four-year reign over Islamic Business & Finance, I find myself grateful for all the experiences no other financial sector could have given me -

Isla MacFarlane

Going against the grain

Is the agricultural sector the economic answer or a launch pad for more inclusive growth?

- Sarah Owermohle


ADX investor roadshow in London

Abu Dhabi Securities Exchange's (ADX) second roadshow of the year to London during June, comprised 60 senior representatives of asset and investment management companies that manage assets with an estimated value of 45 billion dollars. The aim was to engage with potential new investors, fund managers, asset management and investment management companies, as well as high end investors to demonstrate the range of opportunities, as well as to provide an insight into the operations and future development of ADX. "We have much to offer new investors from the UK. The companies participating represent a good cross section of the ADX," said Rashed Al Balooshi, CEO of ADX.

NAM opens in DIFC

Nomura Asset Management (NAM) launched an office in DIFC as part of a broader strategy that will see NAM's Middle East office use its strengths and expertise in the local market to promote and market international products and funds to sovereign wealth funds, pensions and other institutional investors while also managing its client relationships on a more hands-on basis and extending its services to new markets. With $291 billion of assets under management (March 2014), the firm also manages GCC stocks through its Arabian fund which was first distributed to Japanese retail investors in 2007 as well as its Frontier and Emerging Market funds, and maintains a positive long-term view on the region.

Mashreq Max 2.0

Mashreq Max2.0 marks a complete overhaul of the Mashreq Max device launched last year. Tooran Asif, Head of Personal Banking, Mashreq said, "Mashreq Max2.0 takes convenience to the next level providing a one-stop-shop for fulfilling financial and lifestyle needs empowering customers via multiple digital apps. These include Mashreq's Snapp Mobile Banking, Mashreq Store, Property Mart, lifestyle- enhancing apps such as Mashreq Flavours dining programme, Mashreq's Salaam Rewards programme, loan calculators and branch appointment setting tool."

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Banker Middle East

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