07/23/2015
Menaсorp Now Offers Trading on DGCX via MetaTrader 5
The decision of launching MetaTrader 5 by Menacorp signifies the strengthening of the broker's position in the region offering advanced trading technology.
Alternative Investments
07/23/2015
Iran banking sector has room for JVs with foreign investors - deputy central bank governor
Iran's financial sector offers opportunities for cooperation between domestic banks and foreign investors
07/20/2015
BPL Global targets further growth with Dubai office opening
Berry Palmer & Lyle Ltd, the specialist credit and political risk insurance broker, today announced that it will open a representative office in Dubai.
07/20/2015
Eskan Bank mandates SICO to list debut REIT
Eskan Bank’s REIT will consist of two income-generating and unleveraged properties currently owned by Bahrain Property Musharaka Trust
07/19/2015
Saudi finances weaken as foreign exchange reserves slide
Outflows are now running at 8 per cent of GDP, a swing of 14 per cent of GDP.
07/19/2015
A.M. Best assigns ratings to Saudi Arabian Insurance Company
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Saudi Arabian Insurance Company B.S.C. (C) (Damana) (Bahrain). The outlook assigned to both ratings is stable.
07/19/2015
The UAE and China’s Thriving Partnership
Throughout the 21st century, China’s ties with the Gulf Cooperation Council have strengthened in various domains.
07/19/2015
Capital Intelligence lowers KFH’s Financial Strength and Long-Term Foreign Currency Ratings
The new rating is supported by KFH’s dominance of the Islamic banking sector in Kuwait, as well as its large overall market share in both deposits and loans, and by the significantly improved equity base following the June 2013 rights issue.
07/17/2015
Investor base widens for Saudi bond issues
Bond issues by Saudi Arabia’s government are expected to be worth tens of billions of riyals by the end of 2015
07/17/2015
Saudi bond issues to soar as government plugs deficit
Until the recent issue, Riyadh was funding the deficit entirely by running down its financial reserves
07/16/2015
QIA and CapitaLand Work Together to Set up $600m fund
Qatar Investment Authority has entered into a joint venture with Singapore’s CapitaLand Limited’s wholly-owned subsidiary Ascott Serviced Residence Investment.
07/15/2015
Structured products getting more popular with UAE expats
Structured products are a pre-packed investment vehicle, intended to allow investors to gain exposure to equity indices, a basket of stocks, currencies, interest rates and commodities.
07/15/2015
ROI Land Investments to Acquire Land in the Heart of Dubai
Company to Develop 300 Apartments in Sobha Hartland
07/14/2015
Bahrain's Arcapita buys part of Abu Dhabi property project for $200 mln
Arcapita is an active player in global property markets.
07/14/2015
Government Treasury Bills fully subscribed
The issue date of the bills is 15th July 2015 and the maturity date is 14th October 2015.
07/14/2015
Eskan Bank to list first real estate investment trusts in Bahrain
We are pleased to work with Eskan Bank to lead and manage this historic REIT listing in Bahrain
07/14/2015
Chestertons launches operations in Saudi Arabia
JV with MEDAD to offer valuations and consultancy services across the Kingdom with offices in Riyadh, Jeddah and Khobar
07/13/2015
CapitaLand’s Ascott partners Qatar Investment for $600m fund
Through the partnership in serviced residences, Ascott and QIA will each contribute $300 million of equity funds to the joint venture.
07/13/2015
L&G sells Egyptian life insurance joint venture to AXA
Legal & General sells Egyptian life insurance joint venture to AXA
07/13/2015
Qatar’s Sheikh Hamad takes €1bn bet on Spain with retail stake
A Qatari investor has placed a €1bn bet on Spain’s economic recovery, with a deal to acquire 10 per cent of El Corte Inglés, the country’s biggest retailer and owner of the eponymous chain of department stores.