07/09/2014
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its DUBAILAND district.
07/03/2014
While pressure from regulators has forced international banks to sell assets and boost capital reserves, local lenders in the oil-rich region, flush with cash, have driven borrowing rates to the lowest in more than seven years and hired loan arrangers.
06/29/2014
Muscat Fund, managed by the Asset Management division of Bank Muscat, has decided to widen the objective of the fund to invest in IPOs in the Sultanate and Global Depository Receipts (GDRs) in global financial markets related to companies listed on the Mu