04/23/2012
Adib Private Bank, a unit of Abu Dhabi Islamic Bank (Adib), recently launched a diversified US real estate investment portfolio with Investcorp, one of largest investors in the US real estate market, as the investment manager.
04/20/2012
Britain's largest family-owned international facilities services company OCS Group Ltd has launched its first business in the Middle East.
04/20/2012
"Abu Dhabi has been mulling an exit for some time now," said one of the sources.
04/17/2012
There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March
04/17/2012
“These robust financial results are reflective of the company’s singular focus on implementing its approved restructuring plan and contributing to the recovery of the Dubai real estate market. Nakheel successfully recommenced all its near term
04/16/2012
Oman, whose debt to GDP is forecast by the IMF to be the lowest in the Gulf at 3.2 percent this year, has only issued small amounts of development bonds in the past. Oman had a budget surplus of 1.08 billion rials in 2011.
04/16/2012
The signing ceremony included Khalid AL Mash'an, Chairman and managing Director of Alargan International Real Estate Company, Sadoun Ali CEO and managing Director of KIPCO Asset Management Company (KAMCO), Manaf AL Hajry CEO- Kuwait Finance Center (M
04/16/2012
It is one thing to trade cash for gold, a metal of limited use, but which has a psychological cachet as a form of wealth.
04/16/2012
Spearheaded by gas-rich Qatar, Middle Eastern states, royals and wealthy businessmen have in recent years acquired soccer clubs and top European league broadcast rights as part of a multi-layered strategy designed to boost international images, strengthen
04/13/2012
Emirates NBD AM, the asset management arm of Emirates NBD, a leading bank in the region, also announced a series of enhancements to its fund range.
04/11/2012
The building, positioned between the DIFC Gate building and Emirates Towers, has 128,000 square feet of space and was bought from an unnamed private investor.
04/11/2012
The award recognized Deutsche Bank’s support through its Middle East Foundation for Art initiatives in the United Arab Emirates and particularly in Dubai. In 2011, Deutsche Bank sponsored many art projects including an open air display of 25 balanc
04/04/2012
Abu Dhabi is contemplating merging local developers Aldar Properties and Sorouh Real Estate in a state-backed tie-up that could create a company worth some $15 billion in assets.
04/03/2012
The Dubai branch will initially focus on offering specialty risk solutions to corporate clients in the Energy, Power, Engineering, Construction and General Aviation (airports, airport-related services and business jets) industries in the Middle East, DIFC
04/03/2012
The inaugural Dubai Precious Metals Conference (DPMC), organised in association with Foretell Business Solutions, one of India's leading commodities research firms, will be held on the April 29 and 30 at the Almas Tower in the Jumeirah Lakes Towers F
04/02/2012
In addition, Asset Management Group was awarded Best Investment Product in the prestigious Banker Middle East Products Award 2011 organised by Banker Middle East magazine.
03/30/2012
Lars Pampel, Director of Investor Relations (Alternative Investments) at Royal Investment Bank Limited, said that Arcstone Capital’s investment offering was a good fit for the Bank’s portfolio of funds, as the Passage To India Fund provided in
03/29/2012
NCB Capital plans to start two funds in the second half of 2012 pending regulatory approval managed by TCW and Amundi, said Chief Investment Officer Faysal Badran.
03/28/2012
Saxo Bank (Dubai) Ltd, the online trading and investment specialist, won the Banker Middle East's 'Best FX platform' product award at a ceremony held on Tuesday evening at the Emirates Towers.
03/27/2012
Jawdat Al Halabi said the National Commercial Bank unit, which has 44 billion Saudi riyals (Dh43 billion) in assets under management, will launch the funds in the second half of the year, with two aimed at foreign markets and two domestically focused.