07/07/2015
The International Monetary Fund estimates the budget deficit of the world’s biggest oil exporter will widen to about 20% of economic output this year after King Salman ordered a two-month bonus for public sector workers and pensioners.
07/07/2015
Business giant plans to raise $1.5 billiion for mega power projects in Pakistan.
07/06/2015
Damac Properties is believed to be in advanced talks with Italian fashion house Versace over a branding partnership at the developer's first UK residential scheme.
07/06/2015
Abraaj helped Kenyan-based insurance company expand across region
07/06/2015
Saudi Arabia’s banks have lent about 86 riyals for every 100 riyals of deposits they hold, according to data from the Saudi central bank.
07/05/2015
After the financial restructuring process, Amlak reported net profits attributable to its equity holders of Dh59 million in 2014
07/03/2015
RootCorp announced that Middle East-based real estate leaders Sobha Group has become a shareholder (Sobha Group is run by billionaire Mr PNC Menon who has become a director of RootCorp). Following this, RootCorp has launched its first fund under the new o
07/03/2015
The Fortress Film Clinic will help establish a foundation for this growing industry in the region, said a statement.
07/02/2015
A former Deutsche Bank AG banker is starting a Middle East-focused private-equity and advisory firm backed by an Abu Dhabi sheikh that plans to capitalize on rising investment opportunities in the region.
07/02/2015
The two billion renminbi issuance was one of a tranche of bond issues made last month by Bank of China
07/02/2015
The statement gave no further details of the bond except to say it was issued on June 30 and would enhance its Tier 1, or core, capital.
06/30/2015
Global Investment House today announced that its Special Situations Asset Management team has signed a portfolio management agreement with one of the Kuwaiti banks to manage its portfolio of special situation assets worth USD40mn
06/30/2015
Noor Bank Rings Bell To Celebrate Listing Of Its Debut USD 500 Million Sukuk On Nasdaq Dubai
06/30/2015
A villa on Dubai’s Palm Jumeirah has sold for an eye-watering $19 million AED70 million, marking a new high for luxury villa prices in the emirate.
06/30/2015
Global Investment House today announced that its Special Situations Asset Management team has signed a portfolio management agreement with one of the Kuwaiti banks to manage its portfolio of special situation assets worth $40 million.
06/30/2015
I am very pleased that Arzan Wealth has earned the trust of its clients
06/28/2015
GFH is one of the most recognised financial groups in the gulf region that includes asset management, wealth management, commercial banking and real estate development.
06/28/2015
The memorandum of understanding intends to commence discussions on the establishment of an investment fund by KHC and CDCIC which will jointly managed by both parties
06/28/2015
BECO Capital's investment is the only institutional funding completed by Bayzat as it eyes the next phase of its evolution.
06/28/2015
UAE insurers rate ‘lack of a strong regulatory regime and competitive pressures as a big challenge’