08/24/2014
UAE-based Integrated Alternative Finance (IAF), a subsidiary of Abu Dhabi Financial Group (ADFG), has arranged a AED 35 million loan facility for a European-focused investment fund for the acquisition of two plots of land in Eastern Europe.
08/22/2014
There is very little in terms of driving the market, and very little in terms of news flow
08/22/2014
Despite a more bullish market in the UAE it is unclear whether Atlantis would be able to reprice its loan as easily as expected.
08/22/2014
The amendments to the 2006 Collective Investment Rules (CIF regime) creates a new category of asset manager known as a Qualified Investor Fund (QIF), which will be made available to professional investors.
08/21/2014
The new South Bank Tower is one of the many new luxury developments in the city that has buyers from the region in its sights.
08/21/2014
Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum recently issued the changes which will take effect today.
08/20/2014
As many as five of Paris’ most notable hotels are receiving hundreds of millions of dollars in upgrades as sovereign wealth funds from Arab countries
08/20/2014
Dubai developer Nakheel today confirmed the early repayment of its entire AED7.9 billion bank debt, nearly four years before the final loan instalment due in March 2018.
08/19/2014
Emirates NBD's 50th Anniversary Logo competition, which was executed on its official Facebook page, won two awards
08/18/2014
Citizens of the UAE captured the highest portion of property investments in Dubai
08/18/2014
Gulf Capital, an Abu Dhabi-based private-equity firm, hired Bank of America Corp. as the main financial adviser on its planned initial public offering
08/18/2014
Saudi Arabian General Investment Authority is introducing incentives for value-added foreign investments in a forward step to attract more foreign investors
08/18/2014
The Export-Import Bank of Korea will partner with a Dubai state fund to make a joint investment in the Middle East
08/18/2014
Firm will not invest with the fund in the stock market, investor relations manager says
08/17/2014
The account allows customers to convert units back to cash at any time
08/15/2014
The initial public offering (IPO) market in the Gulf Cooperation Council (GCC) in the second quarter (Q2) of 2014 started off and ended on a high, with a total of seven IPOs, compared to two in Q1 2014.
08/15/2014
Sources suggested that the new sukuk, if successful, would be used to refinance a $1 billion syndicated loan taken in May 2012.
08/14/2014
The Borsa Istanbul, Turkey's stock market, issued a statement providing the reason for suspending the trading of shares of Bank Asya under the name ASYAB between August 7 and 12, which is a bank known for its affiliation with the Gülen Movement
08/14/2014
The activities of Otaibi and many thousands like him mean there will be a clash of investment cultures when international institutions enter the $580 billion Saudi market early next year
08/14/2014
Saudi Arabia is one of the last major markets in the world to open up