11/30/2015
UAE’s KBBO Group hires banks for Centurion London listing
Privately-owned KBBO plans to sell up to 40% of Centurion Partners in an initial public offering planned for the first half of 2016
Alternative Investments
11/27/2015
Blackstone Sells Midtown’s London Hotel to Abu Dhabi Fund For $382M
The private equity firm has sold the London Hotel in Midtown to sovereign wealth fund for $382 million to Abu Dhabi Investment Authority.
11/27/2015
Zurich to scale back general insurance business in the Middle East
Subject to an assessment of contractual obligations, existing portfolios in this business will be put into run off.
11/26/2015
Qatar, Venezuela sign accords
Members of the official delegation accompanying the Emir and Venezuelan ministers attended the meeting.
11/26/2015
DGCX to launch Chinese Yuan Futures in December 2015
China observers believe that the Renminbi will surpass the US Dollar as the world's most commonly traded currency within the next decade
11/26/2015
MENA IPOs lead their way to capital markets at the London Stock Exchange- Al Masah Capital
Taking cues from the panel discussions held at the 5th Annual Investor Forum that took place in Dubai recently,
11/25/2015
South Africa's Sanlam to pay $375 mln for a third of Morocco's Saham Finances
Sanlam operates in several African countries including oil-rich Ghana
11/25/2015
Saudi property company Alandalus to launch IPO
Alandalus is based in Riyadh, was incorporated in 2006 and is involved in commercial real estate development and investment
11/24/2015
National Bank of Abu Dhabi raises $200 mln via 2-year note
The note will pay monthly interest starting on Dec. 20 at a variable margin over the one-month London interbank offered rate , it told the London Stock Exchange.
11/24/2015
NBO's $300mn bond issue oversubscribed 1.8 times
The orderbook comprises a healthy mix of leading Omani and global investors
11/23/2015
SHUAA Capital Saudi Arabia hotel projects near completion
The handover process for the Centro Shaheen will commence later this month and the hotel is expected to be operational in the first quarter of 2016.
11/23/2015
Luxury Dubai Real Estate Developer Expands its Strategic Operationin Asia's Biggest Market
"This transcending trend of investments from Chinese individual investors and companies reflects a positive sentiment of business practice in the prosperous city of Dubai," concluded El Chaar.
11/19/2015
International Bank of Qatar launches $500 mln 5-yr bond - leads
Citigroup, QNB Capital and Standard Chartered Bank are the joint lead managers and Union National Bank is the co-lead for the transaction.
11/19/2015
Bulk of Gulf foreign direct investment goes to North Africa
Gulf firms provided $9.3 billion in FDI into sub-Saharan Africa in the decade of 2005 to 2014, in addition to a further $2.7 billion in the first half of 2015, more than in any previous full year.
11/18/2015
Historic London building unveiled to Dubai investors
Prices start from £1.3 million ($1.97 million) for a one-bed apartment
11/17/2015
Amana Capital Partners with Tradepedia to Launch Investor Education Program
Investors will now be granted access to a diverse perspective from industry experts, whilst being offered new training programs worldwide
11/17/2015
ADIB introduces 100 per cent Capital Protected Gold Structured Notes
As part of Abu Dhabi Islamic Bank’s customer-centric strategy to present customized and targeted products and services, the bank today announced the launch of its 100% Capital Protected Gold Notes which can generate five% returns in just one year.
11/16/2015
Pramerica Real Estate Investors and QInvest acquire 16-property retail portfolio in German
The acquisition includes 16 multi-tenant retail assets anchored by major grocery and home improvement retail outlets, comprising more than 140,000 square meters across Germany.
11/15/2015
Seib wins Qatar Enterprise Agility award for insurance innovation
Held on November 8, the awards ceremony witnessed gathering of a host of leading corporations and innovators.
11/11/2015
Istanbul: Banking on the Bosphorus
This year’s annual gathering in Munich of real estate investors, developers and advisers was abuzz with talk of size.