06/09/2014
Abu Dhabi Commercial Bank and Saadiyat Development and Investment Company have announced the signing of a customer financing agreement for Hidd Al Saadiyat, a luxurious residential development project on Saadiyat Island, Abu Dhabi.
06/08/2014
Bank Muscat GCC Property Income Fund, a fund managed by the Asset Management division of Bank Muscat has been launched to harness opportunities in the property market. The fund will invest in income yielding properties that is expected to generate a stabl
06/06/2014
World Bank Group President Jim Yong Kim, on his first visit to Saudi Arabia, has hailed the Gulf kingdom's leadership role in global and regional economic developments.
06/05/2014
PineBridge Investments Middle East BSC, a global multi-asset class investment manager, with regional headquarters in Bahrain covering the Middle East, North Africa and Turkey, has completed the first close of the PineBridge GCC Real Estate Fund I LP, rais
06/05/2014
EFG-Hermes Holding SAE added 9.9 percent after Beltone Financial Holding, Beltone Capital and New Egypt Investment Fund, owned by billionaire Naguib Sawiris, said they’re seeking to buy 20 percent of the bank.
06/05/2014
Saudi Arabia, supported by the U.A.E., has called for a donor conference to help Egypt pull out of the worst slowdown in two decades.
06/04/2014
Tenmou, Bahrain’s first “Business Angels” organisation, opened the inaugural Mena Angel Investors Summit at the Ritz Carlton Hotel on June 1.
06/03/2014
Mashreqbank PSC, Dubai’s third-biggest lender, expects its consumer business profit to double this year, driven by the wealth and small companies segments as the United Arab Emirates’ economy rebounds.
06/03/2014
The emirate and its entities borrowed more than $110 billion to become a commercial and tourism hub before 2008, with developers relying on bank lending and advance sales of unbuilt properties to propel the world’s fastest-growing real-estate market
06/03/2014
Abu Dhabi Islamic Bank, a top-tier Islamic financial institution, has launched a new capital-protected note, after the huge success and high demand to the first car manufacturing note, issued by the bank earlier this year.