07/13/2013
Daman Funds declare Q2 cash dividends on back of strong quarter for UAE markets
We continue to believe that our markets are in a multi-year bull trend and as such the funds remain well placed to benefit from this uptrend
Alternative Investments
07/13/2013
Nexus Insurance Brokers Named Region's Best Independent Financial Advisor
Nexus Group 's reputation in the region is largely built on a long history of attracting and retaining some of the most talented consultants in the industry.
07/10/2013
Bahrain's GFC formulates new business model
"Because the market was hot everything was sellable, but now we are looking at fundamentals and more calculated risks," Rayes said.
07/08/2013
KFH-Saudi inks agreement ceremony with KFH-Research
The agreement cements the role of the bank and KFH-Research to seize investment opportunities that achieve sustainable profit
07/07/2013
QInvest’s QMAP funds to be included in the RBC Investor and Treasury Services fund platform
QInvest has announced the inclusion of the QInvest Managed Account Platform (QMAP) funds to The Global Fund Platform of top 10 global custodian and asset servicer RBC Investor & Treasury Services.
07/06/2013
Qatari royal, UK firm plan $500m fund for women
British commodity trading and finance investment firm DVK Group is set to team up with a Qatari royal to launch a $500m Shariah-compliant investment fund targeted at women.
07/06/2013
Christie's to lead next Middle Eastern art market innovation
Christie's, the market specialist in the sale of art from the Middle East, announces a new online initiative to further complement and extend their successful Dubai sale format and increase accessibility for buyers.
07/05/2013
Dubai Steps Up Asset Sales To Cut Debt Pile
Dubai’s state-linked conglomerates snapped up a spectacular array of assets around the world
06/29/2013
Saudi Fransi to offer BlackRock products
Cooperation with BlackRock will yield new opportunities to SFC clients through the diversity of investment solutions and strategies offered
06/29/2013
Noor Islamic Bank executes $1.4b mandates in Turkey
Noor Islamic Bank has completed Islamic capital market mandates valued at over $1.4 billion (Dh5.14 billion) in the past six months in Turkey
06/28/2013
Dubai Scrambles to Fly Gold Bullion from West to East
There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold in the emirate since the price plunged to record lows this week.
06/26/2013
Dubai's Damac Properties woos Indian investors
"Indians are among the biggest investors in Dubai property markets.
06/24/2013
Qatar and France launch $200m investment fund
Business ties between cash strapped France and gas rich Qatar have deepened in the past five years
06/23/2013
Dubai Group sells credit card firm to First Gulf Bank
The sale is a strategic decision for Dubai Group and is part of our stated plan to sell down assets
06/23/2013
Citigroup Venturing Into Iraq Gets Approval for Baghdad Office
Iraq is an important market, with an economy that has substantial potential over time
06/23/2013
Kipco units buy stake Malta’s bank
:Kuwait Projects Co, or Kipco, said that two of its units have together bought a 38 per cent stake in Malta’s FIMBank
06/19/2013
Bahrain bank gets extra time on Leeds Utd takeover
GFH Capital has been granted an extension to the exclusivity period relating to their proposed takeover over of Leeds United
06/18/2013
Saudi billionaire prince eyes world cities for mile-high tower
Saudi billionaire Prince Alwaleed bin Talal says he is looking at global cities, including New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.
06/16/2013
Bahrain bank inks deal for luxury Mayfair apartments
Close to Berkeley Square and Grosvenor Square, Mayfair Chambers is situated in the Mayfair Conservation Area, bounded to the west and south by Hyde Park, St James' Park and Green Park.
06/16/2013
UAE revives deal to merge its two main stock exchanges
Talks on a potential merger between the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) have occurred on and off since at least 2010.