02/19/2014
Dubai to ease finance fears with $10bn debt deal
Improved terms for $10bn debt roll-over deal a sign of the revival in Dubai's fortunes after World Expo win
02/19/2014
Dubai developer inks deal for luxury Dominica hotel
A Dubai developer has signed a memorandum of understanding with the government of Dominica for the construction of a high-end luxury brand hotel in the north of the holiday island.
02/19/2014
The Waqf Fund, a Bahrain-based special fund to support Islamic finance training, education and research, has joined hands with University of Bahrain to provide financial support to its 4-year Bachelor degree in Shari'a for Banking & Finance progr
02/19/2014
Commercial Bank International retail banking head David Power said that the company is pleased to partner with Zurich International Life
02/19/2014
Dubai has reached agreement on rolling over $10 billion in debt extended by the central bank of the United Arab Emirates during the global financial crisis
02/18/2014
Mashreq is to allow foreign investors the opportunity to own up to 49 per cent of its capital.
02/18/2014
Strong perfomance across its malls, property and hotel units helped to push quarterly profits up by 48 per cent at Emaar Properties.
02/17/2014
The successful deals resulted in good revenues to everyone and the QIA was happy to invest more in the UK when the right opportunity came along
02/17/2014
First Gulf Bank, one of the major leading banks in the UAE, was recently named ‘New Market Trailblazer of the Year’ at the prestigious 2014 MENA Insurance Awards ceremony, which was held at The Address Hotel in Downtown Dubai.
02/17/2014
NBAD has been investing in its investment banking capacity, knowing who is ready first will be capturing the market share
02/14/2014
Dubai and luxury are nearly synonymous.
02/13/2014
Turkey is selling its longest-dated dollar bonds on record, counting on investors overlooking a corruption probe and accelerating outflows that drove the lira to an all-time low.
02/13/2014
The five-year sukuk, which has so far attracted orders from investors worth more than $1.5 billion, has current guidance in the area of 300 basis points over midswaps
02/13/2014
Ahli United Bank has teamed up with Jones Lang LaSalle to source and identify residential and commercial properties in London to suit the requirements of local and regional clients across its network, a top official of the bank has said.
02/13/2014
Bahrain-based Arab Insurance Group has posted a six per cent rise in its consolidated net profit which hit $18.6 million for last year, when compared to $17.6 million the year before.
02/12/2014
Uncertainty hangs over interest rates and bull market in bonds looks like coming to an end
02/12/2014
Industry veteran Abdullatif Janahi has won the "Industry Leadership Award" and AXA Insurance the 2014 Middle East Insurance Forum Institutional Excellence Award.
02/12/2014
Bahrain-based Venture Capital Bank has reported a net profit of $4.3 million for the six months period ended December 31 compared to $5.5 million the previous year.
02/11/2014
RP Group of Companies on Sunday announced ambitious growth plans and said it would invest Dh4 billion in new hotels and mixed-use developments in the UAE this year.
02/10/2014
Burgan Bank announced today that its Burgan Equity Fund has recorded a positive performance in 2013.