03/27/2017
SBI Life set to enter Bahrain in next financial year
The SBI had recently said that it would dilute 10 per cent of its stake in the life arm through a public offer.
Alternative Investments
03/27/2017
Saudi bourse to start new settlement period on April 23
Trades to be settled within two working days, but exchange will also allow short-selling of stocks
03/27/2017
GCC expats way behind in their retirement planning
But the latest study discovered that over half of expats don't have a retirement fund at all which is truly shocking.
03/27/2017
QSE edges lower as Gulf institutions book profit
Trade turnover shrank amidst increasing volumes in the market, where banking, realty and telecom sectors together accounted for about 86% of the total volumes.
03/27/2017
More real estate investment trusts expected in UAE
This is a very significant part of the investment horizon.
03/27/2017
Global expands and diversifies its real estate holdings in the UK with two new acquisitions in the greater Manchester area
The town of Bury, a suburb of Manchester, has recently benefited from major regeneration projects
03/24/2017
Bank Leumi and Chinese Insurance Giant Ping An to Cooperate in Promoting Israeli High-Tech in China
Leumi is currently the only Israeli bank operating in China and it employs a team that is deeply familiar with the business and financial sectors in that country.
03/24/2017
UAE’s first Wealth Sentiment Index reflects rise in business optimism levels
The index serves as an indicator of the overall sentiment of the market based on fundamental and economic factors.
03/24/2017
BRIEF-Kuwait's AQARAT FY profit rises
FY total operating revenue 20.2 million dinars versus 19.1 million dinars year ago
03/23/2017
Qataris own 3 times more of London than the Queen
Hotels, department stores and skyscrapers.
03/23/2017
Dubai has highest number of self-made Gulf billionaires – report
Dubai-based Mr Al Futtaim made his fortune in real estate and retail, with properties across the Gulf, including the Mall of the Emirates, renowned for its indoor ski slope.
03/23/2017
More UK firms eye Dubai expansion post-Brexit
DMCC study shows that emerging markets are becoming increasingly attractive to UK businesses
03/23/2017
ADNIC live with Profile Software’s IMSplus for investment ops
IMSplus is a well-established solution in the investment management space
03/22/2017
Bullish sentiment cooling on commodities
The commodity asset class is set to continue to underperform in the near term, writes Norbert Ruecker, Head Commodities Research, Julius Baer.
03/22/2017
Emirates NBD unit says reit listing is oversubscribed
The company said that the listing price represented a 7.5 per cent discount to net asset value.
03/22/2017
Emirates Global Aluminium plans IPO, banks pitch for role
It is owned by Abu Dhabi state fund Mubadala Investment Co. and Investment Corporation of Dubai.
03/22/2017
Lankan group secures $35m funding from ME banks
The officials of People’s Leasing & Finance PLC, Union National Bank, Rakbank and Alpen Capital signed the agreement in Colombo, Sri Lanka, yesterday March 20.
03/22/2017
Saudi Aramco to launch first public bond sale
State oil group plans to sell $2bn in Islamic compliant debt
03/22/2017
Private equity firms booming, yet no time to be complacent
The current conditions are favorable in so many ways, but there are also a number of challenges looming ahead.
03/22/2017
PH eyes bank dedicated for OFWs in Bahrain
A Philippine educational institution, the AMA International University-Bahrain, founded by Ambassador Amable Aguiluz V, has also been established in Salmabad, Bahrain’s industrial center.