04/11/2013
Abu Dhabi fund Mubadala swings to 2012 profit on lower impairments
Impairment losses on the fund's property portfolio dropped to 585.7 million dirhams from 653 million dirhams for 2011.
Alternative Investments
04/08/2013
Bank Muscat bids for HSBC India branches
It appears that the proposal will come to HSBC Bank Oman board for discussion shortly.
04/08/2013
RBS Becomes Clearing Member of Dubai Mercantile Exchange
"Clearing members underpin all the trading activity on our market, so adding an organisation of RBS's scale to their number marks a significant moment in DME's development."
04/07/2013
Worldwide investment funds attract net sales of EUR 828 billion in 2012
Includes main highlights for Q4 2012.
04/07/2013
Middle market M&A seen to sustain growth in 2013
There are several market indicators supporting 2013's growth potential.
04/07/2013
GFH records USD10.03m net profit In 2012
"Despite a slow economic recovery throughout the region and wider world, GFH has maintained its growth momentum and remained profitable."
04/07/2013
Credit Suisse Qatar Venture CEO Plans Emerging Market Investment
Aventicum Capital Management plans to invest in equities and credit as the venture of Credit Suisse Group
04/04/2013
NASDAQ Dubai welcomes US Dollars 750 million Emirates NBD bond to its market
We are pleased to list Emirates NBD Bond on NASDAQ Dubai
04/04/2013
GFH finalising WestLB facility restructuring
Furthermore, the bank also obtained approval from its sukuk holders to restructure its outstanding debt amounting to $105m.
04/03/2013
Global ETP flows pass $70bn in record Q1
The group reports this year so far equities have accounted for 93 per cent of flows, with developed markets making up $60.5bn of flows.
04/03/2013
Abu Dhabi's Mubadala signs $2 bln refinancing
The three-year revolving credit facility attracted a total of 19 international lenders
04/01/2013
Qatar set to acquire London hotel on Park Lane
Qatar Holding is set to take control of French department store Printemps
03/27/2013
BNP Paribas REIM looks to Asia, Mid East investors
Says worldwide Investment Management Head David Aubin.
03/17/2013
Bank Nizwa gets relaxation in overseas investment ceiling
The CBO took such a favourable decision after taking into account a request from Bank Nizwa
03/13/2013
Dubai property prices show second-highest growth in world
Emirate rebounds on back of resurgence in demand
02/27/2013
ADCB re- opens T2 market for local issuers
The first ever 10 year bullet subordinated debt Tier II transaction in the history of UAE banks.
02/26/2013
Abu Dhabi bourse to list big private firms to lure investors
The new firms will be listed as Tier-2 stock without the need for initial public offerings (IPO), Baloushi said but did not give further details. Discussions were underway with the market regulator and he expected an approval to be given.
02/18/2013
Banking and property recovery helps Dubai bourse to get back into black
The Dubai Financial Market General Index rose 20 per cent last year, compared with a 16 per cent drop the year before after the Arab Spring uprisings
02/18/2013
Aviva mandates Barclays to sell Turkish unit
Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.
02/17/2013
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.