03/25/2015
Jadwa, Apicorp buy majority stake in SMI
Headquartered in Riyadh, SMI is a Saudi engineering company engaged in manufacturing a variety of products with a focus on fluid flow and control equipment.
03/25/2015
National Bank of Kuwait to meet investors for potential Tier 1 bond
The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond
03/25/2015
This major agreement will undoubtedly encourage further cooperation between the public and private sectors
03/25/2015
Noor Takaful Signs Banca Takaful Agreement with Ajman Bank
Being both globally portable and affordable, we are confident our products will have a strong appeal to the customer base of Ajman Bank
03/25/2015
Oman Insurance Company provides advance payment to the Torch Tower’s owners
The second one indemnifies the owner landlord for loss of rent when the leased premise is uninhabitable.
03/25/2015
The move will in effect allow foreign investors, from both the Gulf and outside the region, to hold bigger stakes in listed Qatari companies, most of which have ceilings on total foreign ownership of 25 or 49 percent.
03/25/2015
A large delegation from the Moroccan public and private sector organizations will be present at this year's Annual Investment Meeting Congress in Dubai this month.
03/25/2015
Being sector and country agnostic, Arzan announced on March 9th that it invested in Russian startup Idinaidi.ru, a real estate portal headquartered in Moscow.
03/25/2015
The yield on the benchmark notes due March 2024 rose six basis points from a record low after Flug’s five member monetary policy panel held the base rate at 0.1 percent on March 23.
03/25/2015
Visa announced today that it will invest in an innovation centre in Dubai, UAE. Dubai is Visa’s regional headquarters for Central and Eastern Europe, Middle East and Africa.
03/24/2015
Greenstone Equity Partners , one of the largest independent fund placement firms in the Middle East, has entered into a partnership with Middle East Venture Partners
03/24/2015
The bonds may be sold in two tranches
03/24/2015
Turkish lender Akbank said on Tuesday it mandated banks for a potential eurobond issue outside Turkey
03/24/2015
The attendees unanimously agreed that such success will hinge on the adoption of innovative technology, with 61 per cent identifying it as “the most critical factor” to success, and 100 per cent deeming it either crucial or important.
03/23/2015
ADS Securities, the largest FX, CFD and precious metals brokerage in the GCC was impressed by the enthusiasm and knowledge of traders in Jeddah and Riyadh.
03/23/2015
Finance House Securities announced that it has won the Best Domestic Equities Trading Service award at the Banker Middle East Product Awards 2015 for the second consecutive year
03/23/2015
Following our strong performance in 2014, the Bank remains focused on growing its core business areas
03/23/2015
First Gulf Bank announced on Monday that the sale of its 45 per cent stake in brokerage firm, First Gulf Financial Services , to Integrated Financial Group has been concluded.
03/22/2015
Ahead of opening up of Saudi markets to foreigners, fund managers see a lot of value
03/22/2015
Significant appetite amongst lenders reflects APICORP's strong credit worthiness