10/22/2014
Qatar Insurance plans to list foreign unit on local bourse
Qatar International operates units in Oman, Kuwait and Malta
Alternative Investments
10/22/2014
UAE’s Waha Capital Sees Asset Growth With $500m Investment – CEO
Waha, which has a stake in New York-listed AerCap Holdings, had assets totalling Dhs6.5 billion ($1.8 billion) in June this year.
10/22/2014
Lebanon plans $450 million Eurobond issue by end-year
We have sent a draft law to the parliament to approve the issuance of $4.4 billion of Eurobonds
10/21/2014
Wafra and Greenstone to Linkup Within the Gulf Cooperation Council
Wafra Investment Advisory Group, Inc. and Greenstone Equity Partners have forged a strategic alliance to introduce Wafra's institutional investment platform to GCC-based investors.
10/21/2014
Kuwaiti conglomerate says seeking to list on local stock market
On Monday announced plans to list on the Gulf state's stock exchange.
10/20/2014
Fine art in Middle East unaffected by regional turmoil
Amid rising geopolitical tensions in the Middle East, art market experts say that demand is unlikely to soften for the asset class ahead of the region’s largest sale of contemporary works this week.
10/20/2014
Gulf Capital closes $750m private equity fund
Strong investor demand points to revival in regional private equity industry
10/20/2014
Dubai-based Titan Aviation marks 10th anniversary with induction of new aircraft into global managed fleet
Titan Aviation, the Dubai-based specialist in international aviation services, is marking its 10th year of operations by adding new aircraft to its existing fleet of privately managed aircraft.
10/20/2014
Telegraph Business Events launches Middle East Congress 2015
Following the launch of the Telegraph Business Events division, Telegraph Media Group (TMG) is delighted to announce a new landmark event scheduled to take place in London next year: Middle East Congress 2015.
10/20/2014
UAE's First Gulf Bank plans bond issue, to establish China office
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, plans to make a benchmark foreign currency bond issue in the next 12 months
10/17/2014
Istanbul Tower Casts Shadow Over Greek Banking Ambitions
The purchase of Finansbank eight years ago was a rare success in Greece’s drive to make its banks supreme in southeast Europe, while also forging ties between two traditional enemies.
10/17/2014
Singapore’s UOB targets Dubai in futures push
United Overseas Bank, Singapore’s third-largest bank by assets, has become the first bank in the Asian city-state to expand its futures business to the Middle East, with plans to become a clearing member of the Dubai Mercantile Exchange.
10/15/2014
First Gulf Bank Sells 45% Stake In Brokerage
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was selling its 45 per cent stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company.
10/15/2014
Flydubai says in talks with advisors for debut sukuk
The mandate runs for six months, but leads are hoping to complete the preparations within two months to give the issuer the option of launching the deal this year, the sources added.
10/14/2014
Ashmore Group plc's Middle East expansion to make Saudi Arabia key market
Opening this subsidiary is part of Ashmore's strategy to build local businesses in key emerging markets
10/14/2014
Commercial Bank Of Kuwait To Sell 120 Million Dinar Bond
The bond will have a ten-year lifespan, with an option for the issuer to redeem it after the fifth year, and will be priced at 2.25 per cent over the central bank of Kuwait's discount rate.
10/13/2014
$200bn worth of rail and metro projects planned in Middle East
The award of major metro and rail contracts in the Middle East has made the region among the most important sources of new work for all those designing, building, supplying and operating railways.
10/13/2014
Bank Sohar awarded Business Excellence Award at BIZZ Awards 2014
Receiving yet another laurel for excellence, Bank Sohar received the ‘Business Excellence Award’ recognition respectively from the Texas based, World Confederation for Business (WORLDCOB) at the Bizz Arabic 2014 Awards.
10/13/2014
UAE government approves higher federal spending for 2015
The projected federal spending of one of the world's top crude oil exporters is up from 46 billion dirhams in the original budget for 2014.
10/12/2014
Emirates NBD Asset Management strengthens Emirates NBD SICAV platform with launch of eight new funds
Emirates NBD Asset Management Limited the asset management arm of Emirates NBD , a leading bank in the region, announced today the launch of eight new funds under the Emirates NBD SICAV platform in Luxembourg.