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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

08/11/2015

ADIB rights to start trading on ADX on August 16

Shareholders can subscribe for new shares at a price of AED 3 per share.

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