07/26/2018
The agreement was signed by Managing Director of Eagle Hills Diyar, Dr. Maher Al Shaer and the CEO of KHCB, Mr. Sattam Sulaiman Algosaibi.
07/26/2018
Agility submitted an "acquisition offer" for part of the Abraaj business, according to an extract of a letter dated June 19 and seen by Reuters.
07/25/2018
The lender received approval to transfer its 95.79 per cent shareholding of Alkhair Capital to Ankara-based A1 Capital
07/24/2018
The 2018 budget assumes the same conservative oil price of $45/barrel as used for the 2017 budget.
07/23/2018
The current management team, including NSMP CEO Andy Heppel, will remain, the source said.
07/23/2018
This decision does not affect Qatar Re’s sister company, Antares Asia
07/22/2018
Amin Nasser says a stake in SABIC makes Aramco less vulnerable to volatile oil prices, and would be positive for its revenue
07/22/2018
Industrial Capacity Cooperation Financial Group Limited is expected to manage $2bn in investment, set to start ops by the end of 2018
07/22/2018
Liquidators of Abraaj confirm that Cerberus has withdrawn its offer for asset management platform
07/22/2018
Bahraini financial investment company has stakes in various Abraaj-related funds directly and through its subsidiaries
07/18/2018
“The decision was taken to cancel this ruling... given the speculation and negative perceptions which arose after it was announced,” the statement said after a board meeting on July 15.
07/18/2018
The offerings typically had interest rates ranging between 3% and 8% (unsecured bonds that are rated A locally with a five-year duration have been issued with a fixed coupon of 5% to 6%
07/18/2018
Not only is their psychological and emotional gains to owning a property anywhere in the world, in Dubai in key communities, especially in the secondary market right now, it can be extremely financially rewarding to do.
07/18/2018
Sources say Saudi Arabia, Kuwait and the UAE are waiting for Bahrain to submit its proposal for economic reforms before giving any money
07/18/2018
This reflects that the country's two biggest emirates became more affordable for the residents and tourists.
07/18/2018
The acquisition by AXA is subject to the approval of the Dubai Financial Services Authority and will be made through AXA Liabilities Managers’ investment vehicle.
07/18/2018
The agency, MENA, did not specifically mention the privatization program, but said: "The fund aims to contribute to sustainable economic development through management of its funds and assets."
07/17/2018
A leading example is Natixis Investment Managers, one of the world's largest investment management companies, which expanded activity in Israel last month.
07/17/2018
Sources say agreement for Abraaj assets could be reached in the coming weeks
07/16/2018
The relationship between the bank consortium, financial aid and overall loan package was not clear.