12/05/2014
Sukuk for vaccine fund ushers Islamic finance into ethical sphere
The latest entrant into Islamic finance is leading the industry in the new direction of socially responsible investment - which could even include the fight against Ebola.
Alternative Investments
12/05/2014
Qatar Investment Authority to Make Strategic Investment in Brookfield Property Partners
Brookfield Property Partners L.P announced today that its subsidiary Brookfield Property L.P. has issued $1.8 billion of exchangeable preferred equity securities to Qatar Investment Authority. As a result of the issuance, QIA will own an approximate 9% in
12/04/2014
ADCM signs investment management agreement with Injaz Eastern European Property Development Company
With a strategy to develop the prime acreage into villas, apartments, hotels, tourist resorts and related amenities, ADCM’s will capture the fervent growth which has been prevalent in the region’s tourism market over the last five years
12/04/2014
Deloitte launches the 2014 Takaful Insurance Report in Islamic Finance
Despite the global Takaful insurance market exhibiting impressive double digit growth of 18% over the period 2007-2012, the regulatory environment remains a work in progress and faces the challenge of inconsistency and conflicting interpretation across ju
12/03/2014
Gulf lays plans for local currency bond markets
Banks were able to channel abundant oil money into loans, rapid economic growth let companies fund their expansion through retained earnings, and big state-owned firms had easy access to international capital markets.
12/03/2014
Conflict of interest claim over Canary Wharf bid
Another row has broken out in the battle to win control of London’s Canary Wharf.
11/30/2014
Deloitte, MENA Private Equity Association to develop thought leadership
Deloitte Corporate Finance Limited and The MENA Private Equity Association, the leading regional representative body for the private equity and venture capital industry, have signed a memorandum of understanding to collaborate on the Association’s a
11/30/2014
Middle East will be the next frontier of 5.3 trillion dollar daily global forex market
Company sets its stronghold in the UAE to position as a major forex provider in MENA region, Asia and Latin America
11/30/2014
Saudi Builder Khodari Hires Advisor For SAR500m Rights Issue
The builder announced the proposed rights issue last Tuesday, saying it will use the money to expand its business.
11/28/2014
Abu Dhabi investments fuel banking recovery in Egypt
Investments by Abu Dhabi companies in Egypt are feeding a revival in the country’s corporate banking industry.
11/28/2014
Egypt's EALB in Talks with 5 Gulf Firms to Market its Property Assets
Egyptian Arab Land Bank is currently negotiating with the major 5 UAE and Saudi Arabia firms in order to marketing its real estate assets abroad,
11/28/2014
Kuwait’s US$40bn investment on downstream projects
Kuwait National Petroleum Company plans to spend US$40bn until 2022 on downstream projects including a new refinery and a clean fuels project
11/28/2014
GFH planning to increase bank stake
Bahrain's Gulf Finance House plans to increase its stake in Khaleeji Commercial Bank to gain majority ownership, its chairman was quoted as saying by a television channel yesterday.
11/27/2014
Expo will add at least 1.5 percentage points per year to Dubai’s GDP
IMF projects Dubai’s growth to be a healthy 5.6 percent in next six years
11/27/2014
Turkey to build tax-free industrial zone in West Bank
Turkish project in Jenin is expected to provide employment to 6,000 people, strengthen Palestinian economy, export to world market
11/27/2014
Alibaba Aims to Bank on Arab E-Commerce Boom
Through the upgrade, a Dubai-based firm gets access to the Mandarin online website 1688.com which belongs to the Alibaba Group.
11/26/2014
European Investment Bank Announces $497Mln Aid to Boost Turkey's Businesses
The European Investment Bank is teaming up with three of its major banking partners in Turkey to step up its support for small and medium-sized enterprises and midcaps in the country.
11/26/2014
Wasl group enters Dubai freehold property
The development marks a significant achievement for Dubai
11/26/2014
Korea Exchange, Dubai Mercantile Exchange (DME) announce cooperation
KRX and DME will work together to develop crude oil futures trading in the Republic of Korea, with a particular focus on developing an energy trading ecosystem around the National Oil Hub Project in Ulsan, Korea.
11/25/2014
Investors respond positively to sukuk bond in Dubai, Abu Dhabi
Universal acceptance of sukuk as a strong alternative to regular conventional bonds