07/03/2014
After decades during which banks from the wealthy Gulf Arab countries rarely ventured outside their region, they are starting to play major roles in arranging bond deals overseas
07/01/2014
There has been an Internet debate about one year ago on what would happen if the Opec would adopt bitcoin as transaction currency
07/01/2014
The joint venture between KHC and PBME will invest in African companies, in response to rising investor demand for exposure to the continent's fast growing economies.
06/30/2014
The privately owned firm said the seven-year facility would be used to refinance existing debt and to finance planned new real estate projects. It did not reveal the terms of the facility.
06/30/2014
The building near the Arc de Triomphe was previously an international conference centre and was acquired by developer Qatari Diar for €456m in 2007, with HSH taking its 20% stake in 2009.
06/29/2014
Waha said it had established a new unit to drive its future investments in the energy sector across the Middle East and North Africa.
06/29/2014
Largest private equity infrastructure fund dedicated to the 57 member countries of the IDB
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
06/27/2014
Chinese individual investors poured about 1.3 billion UAE dirhams in Dubai's real estate last year, nearly tripling that of 2012, as the Middle East's financial hub becomes a growing magnet for the well-off from the world's second-largest e
06/27/2014
Tonino Lamborghini launches ultra-premium Antares phone
06/27/2014
The $2 billion IDB Fund II, was unveiled on the 40th anniversary of the bank, IDB Group president Dr Ahmad Mohamed Ali announced.
06/27/2014
The luxury Italian brand's plans include flagship stores and more than one regional hotel.
06/27/2014
Financial Algorithms, an Israeli information technology company that creates trading algorithms for hedge funds, is the target of a $4 billion takeover bid from an unidentified foreign buyer,
06/26/2014
Dr Karim El Solh, Co-Founder and Chief Executive Officer of Gulf Capital at the Award Ceremony where Gulf Capital was awarded the Golden Award of Excellence in corporate social responsibility.
06/26/2014
Malta is increasingly perceived as an attractive gateway for Islamic finance, a sector which currently sees an annual expansion rate of 15-20% and has an estimated value of $2 trillion as at 2014.
06/26/2014
Equity and real estate account for a material portion of GCC insurers
06/25/2014
Real estate sales values in Kuwait hit a record in April
06/25/2014
Airbus will fund up to 10% of the total pot, which plans to raise up to $5 billion in equity and debt and will buy exclusively Airbus aircraft to lease on to airlines.
06/24/2014
The UAE Central bank stated in their annual financial stability report that there were no vulnerabilities within the banking system and there was no clear indication that any action would be required towards the real estate market.
06/24/2014
The placement agreement seeks to strengthen and enhance distribution, facilitate registration procedures and explore various placement options to increase investors' reach in the fund.