07/05/2018
Qatar to buy New York's Plaza Hotel for $812m
Qatar, the world's largest exporter of liquefied natural gas, already owns landmark hotels such as The Savoy and The Connaught in London.
Alternative Investments
07/04/2018
DGCX Expands Collateral Basket in Partnership With Standard Chartered Bank
DCCC operates as a Central Counter Party offering fully integrated clearing and settlement services and collateralization of exchange traded derivatives.
07/03/2018
Dubai FDI partners with VFS Global to ease foreign investors licensing
VFS Global will provide administrative tasks related to visa, passport, identity management for Dubai FDI’s investor partners
07/03/2018
NBB joins Bahrain Bourse to enable investors trade online
We are pleased to provide this innovative online trading solution to NBB
07/02/2018
UAE banking free zone, French innovation cluster sign MoU for FinTech cooperation
As part of the MoU, The Academy, an education center at DIFC, will potentially host an educational program on the latest FinTech and innovation trends
07/02/2018
Why Gulf investors should buy and hold UAE property
Buyers should follow Warren Buffett's philosophy of investing when prices are low
07/02/2018
Maritime risk management co Windward raises $16.5m
The israeli company develops risk management technology for marine cargo insurance.
07/02/2018
Six firms in running to manage $1 billion Abraaj healthcare fund: sources
How Abraaj used some of the money in the healthcare fund led to a dispute with four investors including the Bill & Melinda Gates Foundation and the International Finance Corp.
06/28/2018
Holborn Assets has Dubai licence suspended
The regulator’s letter informed companies providing intermediary insurance products about its decision.
06/28/2018
New Saudi Arabia ETF Emerges
This comes at a time when investors are pulling billions from broad emerging market funds and investing in single-country ETFs.
06/27/2018
New Saudi Arabia ETF Emerges
Franklin Templeton Investments, a long-time active asset manager, is seeking approval for a Saudi Arabia ETF, according to a filing with the U.S. Securities and Exchange Commission on Friday.
06/27/2018
Qatari banks lead Gulf states in real estate lending despite blockade: report
The report also showed that the residential-related transactions contributed to 48 percent of the total transactions and accounted for 50.8 percent of the transaction volumes in the first quarter.
06/27/2018
Saudi, Kuwait and UAE to support Bahrain's economy
Many bankers said expectations that Saudi Arabia and perhaps other regional allies of Bahrain would eventually provide it with additional financial support were preventing worse instability in the markets.
06/27/2018
Challenging times ahead for Mena private equity industry
Abraaj case likely to tarnish perceptions of PE investors
06/27/2018
JP Morgan consults on including Gulf states in key bond index
A spokesman for the bank declined to comment on the likelihood of Gulf countries getting the green light in the next update of the index, which normally gets announced around September.
06/25/2018
African pension funds look to Dubai to invest capital
The top 10 funds account for more than 80 per cent of the assets accumulated, a figure that is similar in other countries in the continent as well.
06/25/2018
High tech investment platform Praemium sets eyes on Middle East
The products will be made available in the UAE under a partnership with Mashreq Bank
06/25/2018
A lowdown on the Abraaj Capital saga
US fund Colony Capital had earlier agreed to buy some of its key funds
06/25/2018
UAE financial firms launch JV to offer savings plans in Saudi Arabia
Shuaa Capital and National Bonds say partnership aims to meet a growing demand for investment and savings solutions in the kingdom
06/25/2018
UAE, Saudi Arabia set to spur IPO boom
UAE looks particularly strong in terms of announced and potential IPOs