Middle East
Russia to tap Islamic finance to help meet $1 trillion infrastructure bill
Russian corporates and infrastructure companies are increasingly turning to Asia and the Middle East to help meet their financing needs
Gulf One's Rowan: Op risk value lies in strategy
The thinker
Emerging markets specialist tips Middle East property and Kazakh financials
Profile: John Bates
Emerging markets analyst joins Insparo Asset Management
Emerging markets analyst joins Insparo AM
Middle East maelstrom
Middle East maelstrom
A turning point for crude oil indexes
Battle of the benchmarks
Turkey power market set for expansion
Turkey turns on the power
Ethical credit investment set to surge
Growing participation in fixed income by pension funds and sovereign wealth funds with ethical mandates is spurring interest in socially responsible credit investment.
Daiwa appoints heads of fixed income and debt capital markets
Vince Purton becomes Daiwa head of debt capital markets for Europe and the Middle East, and Chris Brown becomes deputy head of fixed income, also for Europe and the Middle East
Nomura recruits EMEA co-heads of fixed-income sales
Nomura appoints Guy Cornelius and Raffaele Ricci joint heads of fixed-income sales for Europe, Middle East and Africa
Scuppered by sukuk
Dubai World was bailed out by Abu Dhabi in December, but the near default of sukuk issued by Dubai property company Nakheel could have much broader implications for the development of Islamic finance. By John Ferry
Masdar and E.on create carbon trading venture
Abu Dhabi-based renewables company Masdar has joined forces with German utility E.on to form E.on Masdar Integrated Carbon (EMIC), a company focused on developing carbon emission reduction projects.
Markit to start trading emerging market sovereign credit risk index
The Markit iTraxx SovX CEEMEA (Central and East European, Middle East and Africa) index will start trading on January 20. The index is part of the Markit iTraxx SovX family of sovereign credit default swap indexes.
Recruitment rising, says Risk.net survey
Financial services firms are selectively recruiting new talent, according to a new Risk.net website poll. Risk talent is at the top of the shopping list.
Guardian of the gates
Simon Gray, director of supervision at the Dubai Financial Services Authority, talks to Richard Jory about the regulatory infrastructure in place for governing institutional, and more recently retail, structured products
Axis of AML
Countries in the Middle East and Asia have a history of battling against money laundering and terrorist funding. Now the financial crisis has brought it home to regulators and banks that more needs to be done to stem the rising tide of money laundering,…
Net results
A master agreement for over-the-counter Islamic derivatives is in the final review stages and could be published as early as next month. After years of debate, the difficult issue of close-out netting appears to be close to resolution. By Alastair Marsh
Sharia and sharia alike
Opinion on whether derivatives comply with sharia has split scholars in Islamic financial markets. Mohamad Nedal Alchaar, secretary-general of the Accounting and Auditing Organization for Islamic Financial Institutions, talks to Alastair Marsh about its…
Filling the Gulf
The Middle East
The wa'ad on the Street
The Islamic concept of wa'ad has been used as a linchpin for a variety of structured products in recent years. Priya Uberoi, Rahul Chatterji and Dany Bidar consider the role of wa'ad in the evolution of Islamic derivatives, outlining the essential…
