07/09/2012
The region’s equity capital markets recorded issuances worth $5 billion down 40 per cent from the first six months of 2011, Thomson Reuters said in its 2012 investment banking analysis for the Middle East region.
07/02/2012
Debt issuance from the Gulf region has held up well so far this year, as a turn to Islamic bonds - with their specific liquidity pool - and strong local liquidity helped confound volatile markets which stymied other emerging market borrowers.
07/01/2012
Just 43 per cent of Bahrain’s 10-year, $1.5 billion (Dh5.5 billion) sovereign bond, issued last Wednesday, was placed in the Middle East. Thirty-two per cent went to investors in Europe, including Britain, 14 per cent to the United States, and 11 pe
07/01/2012
The firm is now fully invested on its previous Saudi-Arabia development funds, Alkhabeer Land Development Fund I and Alkhabeer Land Development Fund II, which collected SAR290 million and SAR774 million respectively. Each was a single-asset fund.
06/28/2012
Recently UAE Exchange expanded its network in Asia, Africa and Europe by commencing operations in China, Malaysia, Ireland, Botswana, Seychelles, Kenya and Morocco.
06/26/2012
Initial price guidance for the issue, which appears to be a single-tranche deal, was at a spread of 462.5 basis points over midswaps.
06/18/2012
KPMG won the Award after facing stiff completion from the likes of E&Y, PwC, Cedar, Amanie, and Deloitte who were also nominated in the Best Advisory Firm category.
06/15/2012
Initial indications are that the expected $1.25bn, seven to 10-year tenor bond would receive strong demand in Bahrain and Saudi Arabia as banks seek to put rising liquidity to work, though broader interest may lag behind, market participants say.
06/14/2012
ulf Capital received the honour at the annual event of the prestigious Banker Middle East Industry Awards 2012 ceremony, held on June 12th in Dubai. The awards extravaganza witnessed an attendance of eminent industry experts and dignitaries from the GCC,
06/13/2012
PE firms are taking advantage of the shortage of capital, resulting from the global crisis, to buy well-priced assets.