04/23/2015
Intesa Sanpaolo has opened its first branch in Istanbul, Turkey
The Italian lender Intesa Sanpaolo has opened its first branch in Istanbul, Turkey.
Alternative Investments
04/22/2015
Big banks lend support to Dubai’s diamond trade ambitions
Three leading UAE banks are backing Dubai’s ambition to become a global diamond trading centre.
04/21/2015
VP honours winners of Dubai Quality Award
Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, attended the 21st Business Excellence Awards ceremony
04/21/2015
Bahrain's Ahli United Bank sets IPTs for benchmark dollar Tier 1 bond -leads
Bahrain's Ahli United Bank has set initial price guidance for a benchmark U.S. dollar-denominated bond issue that will enhance its capital reserves and should price later in the week, a document from lead arrangers showed.
04/21/2015
Dubai's Noor bank sets price thoughts for $500 mln 5-yr debut dollar sukuk
Dubai's Noor Bank is marketing a $500 million, five-year debut U.S. dollar sukuk issue, which could price as early as Tuesday, a document from lead arrangers showed.
04/21/2015
Warba Bank launches "Mosawama" for local and international commodities
Warba Bank strongly believes in the importance of providing innovative banking products and solutions serving all segments of the society
04/21/2015
Al Hilal GCC Equity Fund named 'Best Islamic Fund' at Banker Middle East UAE Product Awards 2015
Net Asset Value up 4.85 per cent for the year 2014 despite sluggish market
04/21/2015
I Squared Capital raises $3B global infrastructure fund
Infrastructure-focused investment firm I Squared Capital (ISQ) has raised $3 billion in a global fund that will invest in assets across several markets, including India
04/21/2015
US Freedom Capital launches fund for non-US investors in US commercial real estate
US Freedom Capital, a premier investment advisory firm with over $4 billion investment experience in commercial real estate, construction, and property management, today launched its second family of funds - the US Freedom Capital Fund, an investment fund
04/21/2015
Malta’s Minister explores investment climate in Oman
Cardona and the accompanying delegation were received by Hilal bin Hamad Al Hasani, CEO of PEIE, who briefed them about the organisation which was established in 1993.
04/20/2015
EDB sponsors FFA
Fund Forum Asia, Asia’s largest gathering for the asset and wealth management community was held in Hong Kong from 14-16 April.
04/20/2015
Dubai-listed GFH to delist from London
Will keep listings in Dubai, Kuwait and Bahrain
04/20/2015
Bahrain-based Islamic investment company successfully exits development
A Bahrain-based Islamic investment company has announced a successful exit from Paris Gardens - its first investment in a Central London student accommodation property.
04/20/2015
SEDCO Capital's Yazan Abdeen named "One of the most Respected Fund Managers" in MENA FM's 2015 Power 50 list
MENA FM Power 50 identifies the most influential, powerful and innovative fund managers across the Middle East and North African asset management industry, and the selection process is done following the vetting of hundreds of professionals across the ind
04/20/2015
Ominvest, ONIC Boards Approve Proposed Merger
The two companies had signed a memorandum of understanding in December last to explore the possibility of a merger by incorporation.
04/19/2015
Daman Funds Maintain status as Top Dividend Yielding Funds in the Region
The flagship Daman Second Emirates Fund and the Daman Fifth Fund exhibited strong performance despite volatile market conditions with DSEF returning 12.25% and DFF returning 10.55% in Q1 2015.
04/18/2015
Emiratis pay for property in cash but expats rely on finance
Thousands of developments set to be launched at 9th edition of Cityscape Abu Dhabi as real estate market remains stable
04/17/2015
Amlak ready to resume DFM trading after six-year absence
Amlak Finance said its shareholders had approved a plan to readmit its shares for trading on the Dubai Financial Market after an absence of six years
04/17/2015
Menacorp voices support for Arab financial sector at Arab Federation of Exchanges Annual Conference
Menacorp has reaffirmed its commitment to help sustain the growth of the Arab financial markets after extending its full support to the upcoming Arab Federation of Exchanges Annual Conference titled ‘AFE Equities Summit 2015.
04/17/2015
Doha becomes first Mena Rmb hub
The deal was signed by the Qatar Central Bank and the People’s Bank of China