Emirates NBD Capital completes UAE’s first IPO in 2017
Emirates NBD Capital Limited (EMCAP), the investment banking division of Emirates NBD PJSC, one of the largest banking groups in…
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Fidelity awarded $300m pan-European mandate by Saudi Arabia’s leading investment bank
The pan-European mandate will target core/core plus assets across Germany, France, Benelux and the UK. The vehicle provides $150m of…
UAE's Gulf Capital says $135m invested in technology, e-commerce
UAE based investment firm Gulf Capital said on Tuesday it has deployed over AED500 million, $135 million in technology and…
Britain's May in Saudi Arabia seeking deals
British Prime Minister Theresa May held talks with Saudi officials on Tuesday, hoping to tap the oil-rich kingdom's "immense potential"…
Spanish police stage raids targeting Assad family's assets
Police in southern Spain on Tuesday staged raids targeting assets of the family of Syrian leader Bashar al-Assad, a judicial…
Kuwait to borrow more from international market
Kuwait will increase its borrowing on international markets to plug a budget deficit resulting from low oil prices, the finance…
Gulf investors in Italy shift strategy, now look for mid-sized companies
In recent years, it has been mainly financial firepower that has drawn Italy's attention toward the sovereign funds of the…
CBB pushes for financial digital transformation in Bahrain
The seminar was held as part of The CBB’s initiative to push Financial Technology in the Kingdom. Rasheed M.…
Masraf Al Rayan sets up committee to oversee merger with IBQ, Barwa Bank
Masraf Al Rayan yesterday said a committee has been established to oversee the three-way merger with International Bank of Qatar…
London Commercial Court rules on luxury Dubai development
Global law firm Baker McKenzie has successfully acted for Dubai Islamic Bank PJSC in its defence of a USD 2…
Cardtek partners Emcredit on mobile wallet for UAE residents
Cardtek, a leading international payment solutions provider, has announced its partnership with Emcredit, a subsidiary of the Dubai Economic Department…
Trust, fund and corporate services provider expands into the Middle East
Crestbridge has established a presence in the GCC following the completion of its acquisition of Ohad Trust B.S.C.(c) (‘Ohad’), a…