Qatar Investment Authority invests $1.3bn in LA office portfolio
The Qatar Investment Authority has bought a US office portfolio for more than $1.3bn (€1.2bn). The Middle Eastern investor…
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Dubai Investments wins award for Al Mal stake deal
Dubai Investments, a leading, diversified investments conglomerate, has won the best UAE financial services deal of the year award from…
Rawabi Vallianz Offshore Services issues its first Shariah-compliant sukuk
Rawabi Vallianz Offshore Services, a joint venture between Saudi Arabia-based Rawabi Holding and Vallianz Holdings Limited, recently issued its first…
Mawarid Finance to float tech units after private stake sale – sources
Dubai-based Mawarid Finance has mandated HSBC, ADS Securities and Mena Corp to sell a stake to private investors and subsequently…
MENA sovereigns forecast to borrow $134bn in 2016
Standard & Poor's Ratings Services projects that the 13 Middle East and Northern African (MENA) sovereigns that it rates will…
Revealed: The World's Richest Arabs 2016 – Banking and finance
Now aged 60, the career of Saudi Arabia’s most famous businessman, Prince Alwaleed Bin Talal Al Saud, has been built…
'Doom and gloom' creeps into UAE recruitment market
The UAE's oil and gas recruitment market is set to have its most difficult year for more than a decade…
Barclays Bank plans to leave Egypt
Barclays Bank announced on Wednesday its intention to pull out of Egypt as part of a wider Africa exit plan…
Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws
Iran, where beaches are segregated by gender and alcohol is banned, is getting its first foreign-branded seaside hotel, complete with…
Emirates NBD Egypt PMI
The downturn in Egypt's non-oil private sector was sustained in February, with business conditions worsening for the fifth month in…
17 Israeli billionaires on annual Forbes rich list
Seventeen Israeli billionaires made the 30th Forbes Billionaires List for 2016, including newcomer Adam Neumann, cofounder of shared work space…
U.A.E. Central Banker Says SWF Withdrawal Reports `Overblown'
Khalifa Al Kindi, chairman of the United Arab Emirates central bank, said that media coverage of withdrawals by sovereign wealth…