04/01/2015
Kuwaiti bank NBK sets price guidance for capital-boosting bond, to price Weds
Benchmark size is traditionally understood to mean upwards of $500 million.
Alternative Investments
04/01/2015
Oman Insurance Company and GlobeMed Gulf Healthcare Solutions sign new agreement
GlobeMed Gulf HealthCare Solutions, part of the GlobeMed group of companies, is proud to announce the addition Oman Insurance Company, to its family of serviced clients.
03/31/2015
Abraaj raises $1.3bn for African investment funds
Emerging markets private equity group Abraaj has raised more than $1.3bn for two funds investing in Africa
03/31/2015
"Kuwait Clearing" Distributes Bonus Shares Today
The ordinary and extraordinary general assemblies have approved in their recent meetings
03/31/2015
Emirates set to close $913m sukuk
The proceeds from the issuance of the certificates will be used to fund the acquisition of four Airbus A380-800 aircraft
03/31/2015
BBK's $400m bond issue a big success
BBK has announced the closing of a bond issuance of $400 million.
03/31/2015
Global Leaders in Investment Management Attend Hedge Fund Summit in DIFC
The 2015 AIMA Middle East Hedge Fund Summit Convened Key Regional Investors with Global Industry Leaders
03/31/2015
Swicorp closes Saudi real estate fund deal
A subsidiary of the Al Fozan Group, Retal will develop and sell 164 villas in the Saudi city of Dammam.
03/31/2015
This new Singapore fund wants to hatch fintech and B2B startups
A new venture capital fund called Hatcher has launched, and it is targeting to raise US$100 million. It’s well on its way there. The Singapore and Dubai-based “venture builder platform” focuses on startups in the fintech and B2B space.
03/31/2015
Qatar corporate sector earnings ‘expected to grow’ about 8% in 2015.
Qatar’s corporate sector was among the best performing in the region with positive double digit earnings in the second half of 2014, a new report has shown.
03/30/2015
Regional CEO of MetLife joins MICC
Prior to assuming this position, he was General Manager of MetLife Spain and Distribution Director of Wealth Management in Western Europe.
03/30/2015
Emirates' Dh3.35bn sukuk oversubscribed 3.6 times
Sukuk attracts Dh11.74bn orders; to be listed on LSE and Nasdaq Dubai
03/30/2015
UAE moving towards allowing 100% foreign ownership of businesses outside free zones
At a the Annual Investment Meeting in Dubai on Monday, Sultan Al Mansouri promised a new “law of Foreign Direct Investment that allows 100 per cent ownership in some sectors outside free zones”.
03/29/2015
OFFTEC inaugurates first branch in Iraq
OFFTEC Group delivers comprehensive business solutions with outstanding service.
03/29/2015
Gatehouse Bank and Threadneedle Investments to explore strategic investment opportunities
The briefing comes shortly after the announcement of Threadneedle's acquisition of an equity stake in Gatehouse, bringing together a global asset management powerhouse and one of the most well-established originators of high quality Shariah-compliant
03/29/2015
Barwa set to launch major expansion projects this year
Barwa Real Estate Company expects to start construction work on its Barwa Village expansion and the Alaateda, Madinat Al Mowatir, and Manateq projects this year.
03/27/2015
Borse Dubai sells its stake in LSE
Following the completion of the sale, Borse Dubai will not hold any shares in LSE
03/27/2015
‘UniCredit bonds not an exit from bank investment’: Aabar
Aabar chairman Khadem Al-Qubaisi told Reuters it may issue similar bonds linked to shares in other investments in future, although it currently had no plans to do so.
03/26/2015
UAE-backed Wessal Capital begins work on portion of €530m Casablanca revamp
A UAE-backed investment fund has started work on a €530 million (Dh2.13 billion) project to revamp the Moroccan city of Casablanca as the country taps billions of euros of funding from Gulf states
03/26/2015
Dar Al-Arkan says land tax unlikely to hurt business
Shares in construction and building supplies firms jumped on hopes of an increase in home building, while shares in real estate developers sank as investors feared their land banks would be taxed.