Islamic Development Bank mandates 5 banks for sukuk
The Islamic Development Bank has appointed banks for a potential U.S. dollar-denominated sukuk issue, banking sources said on Monday. …
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Bahrain's sovereign wealth fund not interested in the likes of Uber
The CEO of Bahrain’s sovereign wealth fund Mumtalakat has ruled out high-profile technology investments along the lines of Saudi Arabia’s…
Citigroup, Abu Dhabi Fund Spar Over $9M Arbitration Costs
Citigroup is again going to court over a dispute with Abu Dhabi's massive sovereign wealth fund over money lost in…
BNP Paribas, National Bank of Abu Dhabi Arrange $400MM Revolver for Senaat
Senaat, one of the largest industrial investment holding companies in the UAE, announced its agreement with 11 financial institutions to…
$322 billion private equity investments in emerging markets remain elusive for Middle East
The exclusive event is designed to open the floor for discussions on new business development and exchange ideas on the…
Kuwait’s Warba Bank rings market opening bell to celebrate listing of USD 250 million Sukuk on Nasdaq Dubai
Shaheen Al-Ghanem, Chief Executive of Warba Bank,one of Kuwait’s leading banks, today rang the market-opening bell to celebrate the listing…
2017 GCC Wealth Insight Report
Emirates Investment Bank (EIBank), an independent private bank based in the UAE, today published its 2017 “GCC Wealth Insight Report”.…
Is Saudi Arabia the next startup haven?
It's no secret that Saudi Arabia has long been known as the centre of oil. Ever since commercial-grade crude was…
Sale And Leaseback In The UAE Is Now "A Thing"
Put simply, a sale and leaseback transaction is the sale of an asset which is then leased back, from the…
Emirates Investment Bank publishes its 2017 GCC Wealth Insight Report
Emirates Investment Bank, an independent private bank based in the UAE, today published its 2017 “GCC Wealth Insight Report”. The…
Lucrative USD 322 billion private equity investments in emerging markets remain elusive for Middle East
A first of its kind forum for the region’s burgeoning private equity investment community will be held in Dubai to…
Gulf millionaires see regional economy worsening in 2017
More millionaires in the Gulf believe regional economic conditions are worsening in 2017 than last year, according to a new…