04/05/2014
JPMorgan Said to Probably Join Morgan Stanley on Emaar Mall IPO
The banks were informally hired, though no documents have yet been signed, said the people, who asked not to be named because the information is private.
Alternative Investments
04/04/2014
Kuwait Telco Zain Signs $250 Mln Murabaha Facility
Zain Group, a pioneer of mobile telecommunications in eight markets across the Middle East and Africa, has secured a USD 250 million four-year Murabaha facility from a syndicate of financial institutions led by Kuwait-based Boubyan Bank and with the parti
04/04/2014
Investcorp in deal with Eyck Capital
Bahrain-based Investcorp's US-based hedge fund business and Eyck Capital Management a London-based investment manager led by Khing Oei, yesterday announced a strategic relationship.
04/02/2014
Standard Chartered in deal with Capital Club
The agreement was signed at a ceremony held at the club located within the Bahrain Financial Harbour, in the presence of senior executives from both organisations.
04/02/2014
Scottish Trade to Middle East Increases 13%, According to Most Recent Government Figures
Scottish Development International's Chief Executive to attend Annual Investment Meeting in Dubai
04/01/2014
Primary issuance of GCC bonds, sukuk total $98 bn in 2013
The aggregate primary issuance of bonds and sukuk in the GCC totalled $97.7 billion in 2013, a 14.5 per cent increase from the total amount raised in 2012, the Kuwait Financial Centre announced in a report.
03/31/2014
Profits almost triple for Dubai flagship conglomerate
One of Dubai’s flagship conglomerates has achieved a near threefold rise in profits for 2013 on the back of the emirate’s dramatic economic recovery.
03/31/2014
NBAD Mena Dividend Leader crosses AED 1 billion
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund has grown to more than AED1 billion and become the region’s largest equity fund in less than a year from its launch.
03/31/2014
Former Soros Manager Sets Up Frontier Markets Firm in Dubai
When money managers set up in the U.A.E., they’re usually either investing in the region or trying to tap the Middle East’s large pools of capital for funds that look elsewhere.
03/31/2014
Damac plan for $500m sukuk seal of confidence in Dubai property market
Damac is poised to benefit from Dubai’s property revival as the developer that offers free sports cars to luxury apartment buyers plans its first sale of Islamic bonds.
03/27/2014
Next Wave Partners refinance Petainer Group with QInvest
QInvest is pleased to be able to offer this new structure to investors seeking Sharia'a compliant financial solutions
03/26/2014
Fisher Investments opens branch office in Dubai
Dubai International Financial Centre branch will provide new resources to service and market to prospective clients in the DIFC and region
03/26/2014
Aviva divests Turkish general insurance business to PE consortium
UK-based global life and general insurer Aviva has disposed of its Turkish general insurance business, Aviva Sigorta, to a private equity consortium led by EMF Capital Partners
03/25/2014
Upgrade to help QE firms to ‘focus on governance, foreign ownership hike’
Global index compiler MSCI’s decision to upgrade Qatar to ‘emerging’ market is an opportunity for the Qatar Exchange-listed companies to place more emphasis on corporate governance; encourage foreign ownership and improve market capitali
03/24/2014
First Gulf Bank Follows NBAD With Middle Eastern Kangaroo Bond
First Gulf Bank PJSC is offering its first Kangaroo bond following another Middle Eastern sale earlier this month by National Bank of Abu Dhabi PJSC.
03/23/2014
Abu Dhabi Capital Management voted UAE's top private equity fund
Alternative investment firm Abu Dhabi Capital Management has won the award for "Best Private Equity Fund" at the Banker Middle East Product Awards 2014
03/18/2014
Formation Capital and Safanad ink agreement
Formation Capital and Safanad Limited today announced that they have entered into an agreement to sell a $1.05 billion healthcare real estate portfolio comprised of 43 primarily private-pay senior housing facilities and 37 skilled nursing facilities to No
03/18/2014
UK fund manager eyes Qatar as hub for Gulf expansion
UK-based Hermes Fund Managers is eyeing long-term partnerships with businesses in Qatar both as asset managers and investors and also currently exploring ways to raise funds from the wider Gulf region.
03/18/2014
American Express clinches $900 mln joint venture investment
To be be joined by Qatar Investment Authority
03/17/2014
Alkhabeer Capital sells portfolio assets
The Fund acquired over 300,000 square meters of land in Makkah and engaged infrastructure contractors to develop the land according to its objectives and investment strategy.