08/16/2012
The sum was part of 5.6 billion dirhams provided by the government in January 2010 as part of a wider move to support the UAE banking system in the aftermath of Dubai World's 2009 $25 billion debt restructuring standstill request.
08/15/2012
The facility will be used to finance the construction of 95 one and two bedroom apartments and redevelopment of three existing properties as part of a new retirement housing development Edgbaston, Birmingham.
08/13/2012
After offering quality service to its customers for many years, Fast Remit SdnBhd has now become a part of UAE Exchangeand henceforth will be known asUAE Exchange Malaysia Sdn Bhd.
08/12/2012
Arqaam's brokerage business previously achieved the 12-month average number one position on NASDAQ Dubai for the full year 2011, during which time Arqaam held over 25% of market share.
08/08/2012
As reported, the Emirati Securities & Commodities Authority (ESCA) quietly and unexpectedly unveiled the long-awaited new rules at the end of July – four days after the start of Ramadan, and at a time of year when many Emiratis leave the UAE to
08/08/2012
BNH is the parent company of Bahrain National Insurance (bni) and Bahrain National Life Assurance (bnl).
08/07/2012
QIC said it had received an offer from "strategic partner" Qatar Holding. No financial details were given.
08/06/2012
International and regional asset managers have flocked to the Dubai International Financial Centre in recent years, making it the best-developed financial free-zone in the Gulf
08/06/2012
National Bank of Abu Dhabi, the largest lender by market value in the UAE, picked four banks to arrange a benchmark-sized bond issue which could price within a day, lead arrangers said on Monday.
08/05/2012
Net profit in the three months to June 30 rose to 8.58 million dinars ($30.42 million), a bourse statement said, compared to 8.50 million dinars in the same period last year.
08/05/2012
The award by Global Finance recognizes the top performers in investments in core infrastructure assets such as airports, railways, ports, power generation and transmission, oil and gas pipelines and renewable energy projects.
08/05/2012
The bank, rated the fourth-highest investment grade by Moody’s Investors Service, last sold dollar bonds in March, raising $750 million from the sale of five-year debt.
08/01/2012
Responding to client demand and subject to regulatory approval, Investcorp is set to expand in the Gulf, while maintaining its significant historical presence in Bahrain.
07/30/2012
The current Survey is based on the activity of 77 private equity funds of which 31 are Israeli and 46 are foreign.
07/30/2012
The company said that ARB had already employed a team of highly-qualified professionals to extend the best Islamic investment and brokerage practices and services.
07/29/2012
The second quarter profit beats the forecasts of three analysts polled by Reuters, who on average had expected Emaar would make a net profit of Dh516.33 million.
07/29/2012
Leading Swiss private bank launches new fund
The fund invests in securities of companies located throughout the world that are engaged in mining or processing gold, a statement from the bank said. A part of the net assets of the fund can be invested in companies that mine or process other precious m
07/26/2012
The creation of monetary union became the primary objective of the six GCC members in the early 1980s.
07/25/2012
The newfound interest in developing countries is also being marked by a shift in expectations about these new investment frontiers, which have been growing at a rapid clip for more than a decade.
07/25/2012
Societe Generale Securities Services (SGSS) has been appointed by ITG to act as its settlement agent bank in Egypt.