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The National Bank of Abu Dhabi (NBAD) has been awarded the Best Asset Management House in Middle East by International Takaful Awards. Takaful, which awarded the accolade based on financial achievement and client survey, recognised NBAD’s Asset...

By Shelley Goldberg, Senior Correspondent Not long ago, my colleague, Alan Gula, wrote that the U.S. banking system was the envy of the world. Is this right? Well, it all depends on how you measure banks. After all, there are many ways to peel an onion...

Reuters – Almost half of a sample of Middle East-based fund managers expect to raise equity allocations to Egypt in the next three months, according to the latest monthly Reuters survey of leading fund managers in the region. None expect to reduce...

2013 gasoline prices could hit record highs After sending consumers into sticker shock the past month, how much more can gasoline prices climb? Another 20 to 50 cents a gallon — a level that could propel the cost of gasoline, now $3.75 a gallon, to...

We open today’s collection of headlines from the worlds of politics, economics, and the environment with this, a creation of Vangelis Papavasiliou of the Greek paper Eleftherotypia: In today’s economy, recovery is a matter of perspective...