03/23/2017
Dubai has highest number of self-made Gulf billionaires – report
Dubai-based Mr Al Futtaim made his fortune in real estate and retail, with properties across the Gulf, including the Mall of the Emirates, renowned for its indoor ski slope.
Alternative Investments
03/23/2017
More UK firms eye Dubai expansion post-Brexit
DMCC study shows that emerging markets are becoming increasingly attractive to UK businesses
03/23/2017
ADNIC live with Profile Software’s IMSplus for investment ops
IMSplus is a well-established solution in the investment management space
03/22/2017
Bullish sentiment cooling on commodities
The commodity asset class is set to continue to underperform in the near term, writes Norbert Ruecker, Head Commodities Research, Julius Baer.
03/22/2017
Emirates NBD unit says reit listing is oversubscribed
The company said that the listing price represented a 7.5 per cent discount to net asset value.
03/22/2017
Emirates Global Aluminium plans IPO, banks pitch for role
It is owned by Abu Dhabi state fund Mubadala Investment Co. and Investment Corporation of Dubai.
03/22/2017
Lankan group secures $35m funding from ME banks
The officials of People’s Leasing & Finance PLC, Union National Bank, Rakbank and Alpen Capital signed the agreement in Colombo, Sri Lanka, yesterday March 20.
03/22/2017
Saudi Aramco to launch first public bond sale
State oil group plans to sell $2bn in Islamic compliant debt
03/22/2017
Private equity firms booming, yet no time to be complacent
The current conditions are favorable in so many ways, but there are also a number of challenges looming ahead.
03/22/2017
PH eyes bank dedicated for OFWs in Bahrain
A Philippine educational institution, the AMA International University-Bahrain, founded by Ambassador Amable Aguiluz V, has also been established in Salmabad, Bahrain’s industrial center.
03/21/2017
Sale And Leaseback In The UAE Is Now "A Thing"
In today's market, with many companies suffering a lack of liquidity because of market conditions, it can offer a financial lifeline without disrupting the operational workings of the business.
03/21/2017
Alkhabeer Capital records 6 percent increase in net income
Assets under management grow by over 10 percent to SAR 4.4 billion
03/21/2017
Global Investment House makes substantial distributions on funds
This amount raised the total amount distributed by the Private Equity Funds to around USD583 million since inception in 2003.
03/20/2017
How GCC can lower bond issuances
It demonstrated that those sovereigns wishing to do so were able, individually and collectively, to access the international market in fiscally challenging times.
03/20/2017
Bahrain’s sovereign wealth fund is back on track
Mumtalakat CEO adopts cautious approach to investment, prizing stable returns over quick-buck trophy deals
03/20/2017
GCC insurers' gross premiums will grow, 2017 profitability may be volatile
S&P Global Ratings expects that credit conditions for the insurers it rates in the four largest Gulf Cooperation Council markets by gross premiums-- Saudi Arabia.
03/19/2017
Real estate sector dominates Abu Dhabi foreign investment
It is important the region is 'talking the same language' as the rest of the world relating to standards, metrics and regulations,” Robert Jackson, RICS Regional Director said.
03/17/2017
Dubai investment bank Shuaa confirms merger talks with Bahrain’s GFH
Shuaa’s chairman Jassim Alseddiqi earlier this week told local media that the bank was considering a merger with a larger regional entity, declining to give further details.
03/17/2017
Kuwait inaugural $8 billion bond offer oversubscribed
The State of Kuwait has put in place the right policies to ensure that growth and diversification will be maintained in the economy.
03/17/2017
Kuwait hastens GCC market's evolution
It means that each of the region's sovereigns has an established liquid benchmark curve.