Factors to watch – September 10

DUBAI, Sept 10 (Reuters) - Here are some factors that may affect ... any dialogue with Qatar -SPA * Saudi says it's accelerating economic reforms, Aramco IPO on track * Will Saudi Aramco deliver world record profit for next year's IPO? ( read original story ...)

Dubai Islamic Bank: Shari’ah-compliant DNA

Dubai Islamic Bank is the longest-established modern Islamic bank. It is also one of the leading financial institutions in the Middle East. Robin Amlôt spoke with Group CEO Dr. Adnan Chilwan about the bank’s growth strategy Dubai Islamic Bank (DIB) is ... ( read original story ...)

SEBI’s P-Note ban turns boon for Dubai SE

Dubai seems to be emerging as a centre to trade Indian stocks ... in the coming months as the ban on P-Notes is a significant trigger,” said an offshore hedge fund manager, who recently started testing the trading system on DGCX. P-Note is an offshore ... ( read original story ...)

Long term financial planning weak among UAE residents

Dubai: Long term financial planning among UAE residents is relatively weak with more than one-third (37 per cent) of people surveyed in HSBC’s latest ‘The Power of Protection’ study, say they have never had a conversation with anyone about long-term ... ( read original story ...)

UAE residents optimistic about financial future

Nearly nine in 10 people in the UAE are supporting a parent or child financially, while almost 100 per cent say they expect their financial situation to either improve or stay the same, an HSBC survey finds. The UAE ranks the second highest globally with ... ( read original story ...)

UAE’s big banks maintain stable profitability

Dubai: The top four UAE banks that account for more than 60 per cent of the banking system assets in the country have maintained stable profitability supported by higher yields and stable funding costs generating higher net interest income according to ... ( read original story ...)

UAE’s IPO drought is likely to ease from this year

Dubai: The IPO activity in the UAE has remained subdued for the past few years, which can be broadly attributed to two factors — firstly and the most important one is the lack of favourable market conditions, and secondly the unfriendly regulatory ... ( read original story ...)

QVT Financial’s Investments, Performance, Letters

For example, in 2009, QVT led a group of bondholders to explore their options regarding the delayed debt payments of Nakheel, a real estate company owned by Dubai World. In 2007, QVT joined six other hedge funds to urge Refco Inc. to increase its payments ... ( read original story ...)