02/13/2019
Al Salam Bank-Seychelles launches services
We are pleased to offer customers world class retail and corporate banking solutions
Alternative Investments
02/13/2019
Investcorp, Standard Life plan to raise up to $1bn for Gulf fund
The partnership brings together ASI’s strong track record of over 20 years
02/13/2019
World Bank to establish UAE office in Abu Dhabi
The new bureau will serve as the World Bank's platform in the UAE
02/13/2019
Saudi Wealth Fund Plans San Francisco Office
Qatar Investment Authority, Mubadala already have U.S. hubs
02/13/2019
Turkey hires Citi to sell lease certificates in latest foreign borrowing
Turkey last borrowed in international markets in January, selling 1.25 billion euros of bonds due in March 2025.
02/12/2019
Franklin Templeton, Actera eyeing Abraaj's Turkey funds: sources
Other potential bidders for the Turkish assets such as Turkish private equity company Turkven are out of the race, the sources told Reuters.
02/12/2019
Old Mutual International launches retail bond for Middle East and Africa
The product offers a range of retail investment solutions such as stocks, shares, bonds and collective investments.
02/12/2019
World Bank to pump billions of dollars into Mena economies this year
Jordan, Egypt and Morocco in line for greater support, official says
02/12/2019
FAB Recognised by CDP as Top UAE Financial Institution Fighting Climate Change
Climate change is, without doubt, a growing threat to the world we live in.
02/11/2019
The benefits of the Saudi-UAE joint initiatives
The two GCC states will also create a platform that enables UAE and Saudi SMEs to bid for government procurement contracts, and the latest schemes are in addition to 44 joint strategic projects announced in June 2018.
02/11/2019
Egypt Dangles Incentives to Attract More Oil and Gas Investors
Shell will export 17 LNG cargoes as Egypt gas output surges
02/11/2019
Brokerage house securities leads Nasdaq Dubai equity futures market activity
BHS’ successful activity comes amid an investor awareness campaign launched jointly by Nasdaq Dubai and BHS last year aimed at expanding public understanding of the benefits of equity futures.
02/10/2019
ENBD Reit earmarks $65m for property acquisitions in 2019
The Sharia-compliant real estate investment trust is diversifying the composition of its $456m portfolio
02/08/2019
Dubai World Government Summit 2019 schedule for February 10
Thousands of high-level officials, including presidents, ministers and Nobel Laureates set to come together at seventh annual event
02/08/2019
Qatar shares extend losing streak on foreign institutions
Trade turnover and volumes were on the decline in the bourse, where the real estate, industrials and banking sectors together accounted for about 80% of the total volume.
02/07/2019
Middle East investors retreat from western property deals
Lower oil prices and concerns over Brexit have stifled demand
02/07/2019
UAE’s Mashreq bank hires banks ahead of dollar bond sale
The potential issue is expected to be of benchmark size, which generally means at least $500m
02/05/2019
How the extended cycle is impacting sovereign wealth fund spending
With oil prices having fallen to around US$ 60 a barrel, Middle Eastern SWFs are now less able to take oil surpluses and re-invest in real estate.
02/05/2019
Investcorp posts 5pc increase in net income
This was offset by lower asset-based income of $49 million compared to $68 million in H1 FY18, largely attributable to lower private equity and absolute investment returns, it said.
02/05/2019
Abu Dhabi’s FAB surges as it seeks more foreign investment
Investors from abroad held about 12% of FAB shares as of the end of last month, according to information on the stock exchange’s website.