09/05/2016
Bain to advise on Abu Dhabi merger
Credit Suisse had earlier advised NBAD and UBS Group was working with First Gulf Bank on the financial terms.
Alternative Investments
09/05/2016
MENA investments in US commercial real estate hit $6 bln: GFH
Foreign investments in U.S. commercial real estate increased across all property types in 2015, and have grown at a CAGR of 49 percent over the past five years.
09/02/2016
Well-known Bahraini businessman Abdulaziz Jassim Kanoo dies
The chairman of the YBA Kanoo Group in Saudi Arabia and shareholder of the YBA Kanoo Group was among the initial founders of the group and played a major role in its establishment.
09/01/2016
UAE- DIFC posts Strong growth in first half of 2016
This has resulted in DIFC becoming the financial services hub of choice for the entire region.
08/31/2016
Qatar Bank CEO Says Liquidity Better After $9 Billion Bond Sale
"We’re likely to see similar in the coming quarters."
08/31/2016
UAE leads Mena’s mergers and acquisitions market deals in first half 2016: EY
Despite sluggish macroeconomic situation at the beginning of 2016, overall deal activity in the first half of 2016 was largely consistent with the same period last year, the global consultancy said in an emailed statement on Monday.
08/31/2016
Qatar’s liquidity improves after $9bn bond sale
Banks were also facing a narrowing in net interest margins and higher interest expenses.
08/31/2016
London the top choice for GCC real estate investors
Sixty per cent of those surveyed identified capital value growth as their main financial investment driver across all asset classes.
08/31/2016
Emaar Said to Pick Banks Including Standard Chartered for Sukuk
A benchmark-sized issue usually raises at least $500 million.
08/31/2016
Saudi Arabia’s Attempts to Boost Bank Liquidity Aren’t Working
The government is seeking to plug a hole in its finances by withdrawing deposits and selling local currency bonds to lenders in monthly auctions.
08/31/2016
Israeli Investors Pouring Money Into U.S. Multi-family Housing
A New York real-estate magnate famous for having leased the World Trade Center buildings just weeks before the 9/11 attacks.
08/30/2016
French environment minister announces partnerships in Iran
"It's a real problem. It's been raised by the Iranian ministers but also by French businesses," she told reporters in Tehran.
08/30/2016
Lebanon: Remittances in decline but holding steady this year
The indirect impact of sustained low oil prices in member states of the Gulf Cooperation Council will adversely affect Lebanon via lower remittances and capital flows.
08/30/2016
Thomson Reuters Lipper announces MENA Markets and Global Islamic Fund Awards 2016 winners
All the winners of the Thomson Reuters Lipper Fund Awards deserve to be congratulated for delivering consistently good risk-adjusted performance, relative to their peers.
08/30/2016
Qatar issues $12bn worth of sovereign debt
Project awards have lagged considerably in 2016 due to financing constraints and project spending rationalisation.
08/30/2016
Pakistanis homing in on Dubai properties with surge in investment
New figures record double-digit growth in H1 2016
08/28/2016
FTSE announces 'eligible' list of Qatari companies
The changes to the FTSE Secondary Emerging Market index will be effective from September 20, 2016.
08/28/2016
MidEast buyers said to invest $11m in BBC’s former London home
The scheme is also planned to include cafes and restaurants, an independent cinema, 400,000 sq ft of premium office space and new outpost of private members’ club Soho House, complete with 47-room hotel.
08/26/2016
Moody’s upgrades Masraf Al Rayan’s issuer ratings
The outlook on the long-term ratings has changed to stable from positive.
08/26/2016
Sale of former Burlington to German bank secures its future as a landmark hotel
The future of the former Burlington Hotel in Dublin 4 as a four-star hotel and conference venue is set to be secured following the entry of German asset manager DekaBank into exclusive talks with its owners, the US private equity giant, Blackstone.