03/12/2018
Mayfair flats go for £100m to mystery Gulf investor
The blockbuster purchase comes despite the waning appetite of overseas investors for luxury London property amid increases to stamp duty and the uncertainty over Brexit.
Alternative Investments
03/12/2018
Abu Dhabi's Gulf Capital acquires controlling stake in Accumed
The alternative asset management firms continues to build its portfolio of investments across the region
03/12/2018
Bank Muscat's $500mn Euro bond issue oversubscribed more than two times
'The overwhelming response to the Euro bond issuance by Bank Muscat endorses the credibility enjoyed by the flagship bank in Oman.'
03/12/2018
Global Acquires a property in the logistics industry in Germany
The property consists of a warehousing facility spanning over 100 thousand square meters, built to high quality specifications, to cater to the tenant’s requirements.
03/09/2018
GCC Lending Transformation Continues
For the region’s borrowers, strong local partners with a proven track-record on all these fronts will be crucial.
03/08/2018
Dubai developers reach out to cryptocurrency investors
Volatility and lack of regulation keep investors on the sidelines
03/08/2018
Arabia Falcon Insurance IPO opens for subscription
The company has appointed Ubhar Capital as the financial advisor and issue manager for the IPO.
03/08/2018
Bonds help Oman and Bahrain delay reforms
Junk-rated Oman and Bahrain have the weakest finances in the GCC and face making politically unpopular decisions such as freezing public sector employment and cut spending significantly, Bloomberg reported
03/08/2018
Doha Bank and Amwal launch Qatar’s first ETF
Qatari investment firm Amwal acts as the ETF’s fund manager while Doha Bank acts as founder and sponsor.
03/07/2018
Kuwaiti investors asked to cash in on opportunities in Pakistan
The minister revealed that Pakistan was aiming for 9% economic growth by 2020, adding PricewaterhouseCoopers had projected that Pakistan would be joining the G20 by 2030.
03/07/2018
Globaleye partners with London Stock Exchange in Middle East
The Academy was not able to provide the exact number of partners it works with, but said “it is something the academy has been doing for a while”.
03/07/2018
Bonds Are Helping These Gulf States Delay Reforms
Bahrain, Oman tap bond markets to fund their budget deficits
03/06/2018
Chinese banking booms in Dubai’s financial free zone
The DIFC, whose booking currency is the greenback, is home to two licensed markets, the Nasdaq Dubai and the Dubai Mercantile Exchange.
03/06/2018
Linklaters, Dechert line up on USD 4 billion African bond issue
The bonds were issued at three maturities with a five-year and 10-year tranche raising USD 1.25 billion each and a 30-year tranche raising USD 1.5 billion.
03/05/2018
NBK Capital Partners gives mezzanine capital to Saudi's Energia
The sharia-compliant mezzanine investment will enable Energia, one of the largest providers of temporary power solutions based in Saudi Arabia’s eastern province, to expand
03/05/2018
Dubai International Financial Centre achieves record growth in 2017 as MEASA’s leading financial hub
In 2017, DIFC’s combined revenue was USD 221 million at a similar level of 2016.
03/05/2018
EFG Hermes to enter second sub-Saharan African country in 2018
Egyptian investment bank increasing focus on frontier markets
03/05/2018
Gulf markets hit by fears of global trade war, Qatar leads losses
Banque Saudi Fransi, the kingdom's fifth-largest lender by assets, posted a 13.1 percent increase in fourth-quarter net profit on Sunday, but missing average forecasts by three analysts.
03/05/2018
Infrastructure expansion to continue with increase in space leased
Gate Avenue at DIFC and The Exchange to open in 2018
03/05/2018
QETF debut is seen attracting up to $5bn inflows from global investors
The debut of QETF, which tracks the 20-stock Qatar Index, comes at a time when global fund houses are increasingly showing interests in the country’s capital markets in view of the macroeconomic potential and despite the economic blockade.