Emirates Investment Bank appoints Asset Management MD
Mr. Bargouti brings over 15 years of asset and fund management experience to Emirates Investment Bank and joins from Shuaa…
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UAE Banking Space Too Crowded, Mergers Needed – ENBD CEO
The UAE’s banking sector is too crowded, with too many lenders competing to cater to a relatively small population, a…
Bahrain's Investcorp eyes $1.43bn deal to sell US-based firm
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging for $1.43 billion from Bahrain-based…
Dubai’s SWF to form investment alliance with Korea
Investment Corporation of Dubai, the Gulf emirate’s sovereign wealth fund, has signed a memorandum of understanding with the Export-Import Bank…
Corpbank looks to Oman for restructuring
The majority owner of Bulgaria’s troubled Corporate Commercial Bank (Corpbank) said yesterday it was working with Oman’s sovereign wealth fund…
Dubai’s SWF to form investment alliance with Korea
Investment Corporation of Dubai (ICD), the Gulf emirate’s sovereign wealth fund, has signed a memorandum of understanding with the Export-Import…
UAE- Mortgage market is yet to pick up momentum
The demand for properties in Dubai is high but the mortgage market has yet to pick up momentum as majority…
Software AG appoints Mike Saxton, as Senior Vice President, Middle-East, Africa and Turkey
Software AG has announced the appointment of Mike Saxton as their new Senior Vice President for its Middle-East and Turkey…
Capital Intelligence affirms ratings of Halkbank
The rating is constrained by the lower than average capital ratios, by liquidity ratios which – while better than those…
Germany-Israel Update Double Tax Arrangements
Israeli Finance Minister Yair Lapid and his German counterpart, Wolfgang Schäuble, signed a revised German-Israeli double taxation agreement in Berlin…
Alkhabeer Capital and USAA Real Estate Co. make acquisition of US real estate assets
Lake Pointe Center III and IV is a 170,147 square-foot core and class A office portfolio, located in the Allison…
Israel-China fund to play pivotal role in Swiss firm
As part of Israel’s business efforts to build long bridges, the Israel-China investment fund Catalyst CEL is investing $42 million…