12/26/2017
Bank ABC arranges $75mln facility for Is Finansal
The facility is expected to be signed by mid-January 2018 and will be used by Is Leasing for general corporate purposes.
Alternative Investments
12/26/2017
GAM launches first foreign funds in Israel
The funds seek to deliver consistent returns for investors, including a regular income, by investing predominantly in investment grade or high quality bond issuers, and have a proven track record of over 30 years.
12/26/2017
ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
With a development footprint of 75 million square feet across affordable and mid-income residential projects, affordable housing will be developed in 15 leading cities over the next two-three years in India.
12/26/2017
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding received on Thursday approval from the UAE’s Securities and Commodities Authority to list on the Dubai Financial Market
12/26/2017
UAE, Tajikistan plan to create joint investment fund
UAE invested more than $188m in central Asian country in the last ten years
12/25/2017
EFG Hermes looks to manage renewable energy projects: energy head
He expected renewable energy to attract investors from the Gulf and Asia in 2018.
12/25/2017
Union Properties to IPO unit in second half of 2018
The public offering is part of the Dubai-listed developer's strategy to diversify revenue sources
12/25/2017
Muscat Capital launches real estate fund
The fund will be listed on Saudi stock exchange
12/21/2017
Registered kuwaitis still not working statistics
The number of bachelor degree holders constitutes the majority of the unemployed in the country.
12/21/2017
Saudi Arabia is hunting shale deals in the US
If Aramco does acquire a stake in a US shale company, it will be its first ever international oil and gas production investment.
12/21/2017
Dubai Sheikh's Buyout Firm Is Said to Reach $1 Billion Debt Deal
It’s the second time the firm is restructuring the loan.
12/20/2017
UAE moots pensions for expats
The end-of-service gratuity calculates an amount based upon completion of a full year of employment.
12/19/2017
REIT boom gathers pace in Saudi Arabia
The REIT is invested in 15 assets, located in six cities: Riyadh, Dammam, Jubail, Khobar, Jeddah, and Al-Ahsa.
12/19/2017
Dubai firm buys 'iconic' London skyscraper for $357m
Subsidiary of Al Gurg Group inks deal for 20-storey building in UK capital city
12/19/2017
Saudi budgets 978 billion riyal spending for 2018
Kingdom expects to post a budget deficit for the fifth year in the row
12/18/2017
Clifford Chance advises Emirates REIT on debut $400 million Sukuk
Clifford Chance has advised Emirates REIT Limited, the world's largest, publically listed Shari'ah-compliant real estate investment trust, on its inaugural $400 million issuance of five-year trust certificates.
12/18/2017
Saudi Aramco Hires Citi to Lead $2 Billion UK-Backed Loan: Sources
Banks look at these kinds of operations for relationship purposes," said a source at a European export credit agency in the Middle East.
12/17/2017
Saudi Arabia — A Kingdom under Transformation
Over the past two years, the Kingdom has laid out a clear road map on measures to be taken to diversify its economy
12/17/2017
GCC’s insurance sector poised for strong growth in next five years
Economic diversification and supportive regulatory environment to boost growth
12/17/2017
MENA hotel investments to hit record high in 2018
New figures from the Arabian Hotel Investment Conference 2018 forecasts that $14 billion in construction contracts will be awarded in 2018..