08/23/2015
Doha Bank sold record 740kg gold in first seven months of this year
Doha Bank is one of the few banks authorized to import gold in Qatar and offers gold bars and mint coins to its customers at a competitive price.
Alternative Investments
08/23/2015
Khaleeji Commercial Bank Signs Agreement with T'azur Islamic Insurance Company
The agreement aimed to provide Comprehensive and Third Party insurance services for vehicles, property, travel and tourism including other personal insurance products at KHCB 's branch in Budaiya.
08/23/2015
GFH gets regulatory nod to acquire treasury shares
As per the approval, the GFH can execute the acquisition anytime before 90 days
08/21/2015
UAE’s $75bn infrastructure fund comes at the right time for India
Investment of this magnitude is much needed and will ultimately improve the prospects and living standards for millions of people.
08/21/2015
Orient Takaful Insurance to boost investment portfolio June 2017
Orient Takaful Insurance Company has obtained total volume of return on investments estimated at 27.9 million Egyptian pounds
08/21/2015
BDA advises Seera Investment Bank on the divestment of Kosan Crisplant
BDA acted as the exclusive financial advisor to Seera and the other shareholders on the transaction.
08/21/2015
Saudi, UAE economic growth forecasts cut for 2016
That suggests oil output could be flat or even slightly lower next year
08/20/2015
Emirates NBD and Abu Dhabi National Insurance Company launch Protect Plus
Protect Plus covers individuals in the unfortunate event of death or disability and includes key supplemental related benefits such as involuntary loss of employment, critical illness and hospital cash benefit.
08/19/2015
Dubai property roulette mauls Amlak as analysts say told-you-so
Amlak, which is 45% owned by Dubai’s flagship real estate developer Emaar Properties, was rescued by the government in 2008
08/19/2015
Cloud of Mystery Hangs Over Saudi Bond Issue
Before June’s bond sale, the kingdom hadn’t issued securities with a maturity of more than 12 months since 2007.
08/18/2015
Investment issues: Focussed platform for UAE in the offing?
Modi assured investors on Monday that he will send commerce and industry minister Nirmala Sitharaman to resolve the problems being faced by them while investing in India.
08/18/2015
UAE Exchange bids for finance company Dunia: sources
Shareholders of Dunia are said to be targeting three times book value, which would give the company a price of more than 2.5 bln dirhams $680 mln
08/18/2015
Fortress Prime Confirms Clients Withdrawal Delays
Withdrawal issues are likely to emanate from operational banking difficulties rather than liquidity problems.
08/17/2015
Cluttons appointed to launch new luxury living experience at Lagoona Beach Luxury Resort & Spa Residences in Bahrain
The appeal of the residences is that they offer a stylish solution for tenants seeking convenience
08/17/2015
The Rise of Crowdfunding in the Middle East
Middle East crowdfunding platforms are springing up across the Internet. Are they really a viable alternative to traditional SME financing?
08/17/2015
ArthVeda launches $250 million real estate fund focussed on India
Offering GCC investors an opportunity to reap dividends from India’s mid-income residential real estate growth, global asset management firm ArthVeda Fund Management today launched STAR Fund II with a corpus of $250 million.
08/17/2015
Centaur Group Finance Launches the 'Centaur Natural Resources Bond 3'
The listing agent for the Bond is Cohort Ltd.
08/17/2015
PM Modi in UAE: Abu Dhabi has deep pockets, but will it loosen purse strings for India?
Abu Dhabi, the UAE capital where Modi is currently camping, has a sovereign wealth fund of about $800 billion.
08/13/2015
CBRE names global investment chief as Dubai staffs up
CBRE Global Investors, the asset-management affiliate of the world's biggest commercial real estate services company, has named T Ritson Ferguson to the new post of global chief investment officer.
08/11/2015
Lamudi real estate dot-com firm launches business in UAE
The statement cited the Dubai Land Department as reporting that investment in the city’s real estate sector exceeded $831m in the first half of 2015