 |
Bahrain 'to post 2.9pc growth next year'Bahrain should achieve economic growth of 2.4 per cent this year and that should rise to 2.9 per cent next year, said investment bank Merrill Lynch in its outlook for 2013. That is against a rise of global growth from 3.1 per cent to 3. More… |
 |
Bank of America pays $2.4bn to settle Merrill claimsBank of America Corp has agreed to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch & Co at the height of the financial crisis. The settlement, among More… |
 |
Bahrain's economy to grow 2.4pc next yearBahrain's economy is likely to grow from two per cent this year to 2.4 per cent next year on the back of government investment, said the chief investment officer of Merrill Lynch Wealth Management. But across the GCC and in spite of st More… |
 |
25 firms attend IR conference in SaudiA total of 25 leading Saudi companies attended a conference held by Middle East Investor Relations Society (ME-IR) and Merrill Lynch Saudi Arabia in Riyadh this week. The conference focused on greater dialogue with Tadawul listed companies More… |
 |
Brent crude oil ‘could spike to $175 in 2012’Brent crude oil futures could spike up to as high as $175 per barrel briefly next year if the global oil market stays tight, Bank of America Merrill Lynch said on Wednesday. The bank's research team said in a note that the North Sea benchm More… |
 |
Merrill Lynch launches programme for UHNWsMerrill Lynch Wealth Management on Wednesday launched its annual global investing programme for the next generation of Ultra High Net Worth clients (UHNW) from Europe, the Middle East and Africa region. The five-day programme, which has ru More… |
 |
Merrill Lynch names UAE market managerMerrill Lynch Wealth Management has appointed Ahmed Barakat as United Arab Emirates (UAE) Market Manager with effect from July 25. Barakat will be based in Dubai, reporting to Tamer Rashad, head of Middle East, Merrill Lynch Wealth Managem More… |
 |
Mideast HNWIs wealth surges to $1.7trnThe Middle East witnessed one of the biggest growth in high net worth individuals (HNWIs) population which surged by 10.4 per cent to 440,000, and their combined wealth increasing by 12.5 per cent to $1.7 trillion, said a report. The More… |
 |
BofA Merill picks EFG head for top Mena jobBank of America Merrill Lynch (BofA) has poached the top executive at Egyptian investment bank EFG-Hermes in the Gulf to run its business in the Mena region, two sources said on Monday. Phil Southwell has run EFG in the Gulf region since More… |
 |
Merrill sees possible oil fall on Libya outputBank of America Merrill Lynch said on Tuesday oil may correct sharply lower later this year if Libya starts producing again and the dollar soars, taking a polar view from peers which expect the oil rally to accelerate. Goldman Sachs, which More… |
