05/16/2016
Fajr Capital completes acquisition of UAE-based food and beverage platform, Cravia
Cravia also recently started operations for the U.S.'s number one better burger brand
Alternative Investments
05/16/2016
Dubai real estate industry, a haven for UK investors, says Dubai Properties
Dubai Property Show London has established itself as a solid platform for UAE based developers to present their latest projects
05/16/2016
National Bank of Egypt sells $169 mln worth of special certificates
Egypt has faced a dollar shortage since the 2011 uprising that ended the 30-year rule of Hosni Mubarak put off tourists and foreign investors
05/16/2016
Middle East merger activity to continue despite low oil prices – EY
Distressed assets and changing consumer habits expected to drive deal activity in 2016
05/15/2016
Aafiya wins ‘Best Insurance TPA Award’
The awards covered a variety of financial services including retail, corporate, investment, private banking, asset management, fund management, finance companies and consultancy practices.
05/11/2016
Byblos Bank Acquires Banque Pharaon & Chiha
Byblos Bank was established in 1950, and is one of Lebanon's top three banks
05/11/2016
Dubai Chamber calls for stimulating partnerships between UAE, South African businesses
The panel in particular discussed the challenges faced by UAE businesses which included land ownership, transfer of funds, taxes and shortage of power.
05/11/2016
Abu Dhabi announces successful issuance of benchmark dual-tranche 5 and 10 years, US$ 5bn bonds
The bonds were significantly oversubscribed, with an aggregate of over 600 orders, exceeding US$17 billion, with strong demand from both international and regional accounts, according to the Department of Finance press release.
05/10/2016
UAE growth 'will pick up in medium term'
The team met with Minister of State for Financial Affairs Obaid Humaid Al Tayer, Central Bank Governor Mubarak Al Mansoori, senior federal and local government officials, and representatives from the business and financial community.
05/10/2016
Gulf bourses diverge; Saudi real estate shares hit by land tax
The announcement had been expected, and details of how the tax will be applied - crucial to assessing its impact - have not yet been revealed.
05/10/2016
Global acquires two addition properties in the United Kingdom
The entire property is leased out to the Scottish Ministers on a long term lease, and is fully occupied by three main departments under the Scottish Ministers’
05/09/2016
Investec Finances Four Emirates A380s in $1 Billion Jet Deal
Investec Bank’s aviation arm made its first foray into financing the Airbus Group SE A380 superjumbo with a deal to purchase four jets operated by Emirates before leasing them back to the Dubai-based carrier.
05/09/2016
Gupta Family Buys $30 Million Mansion in Dubai, City Press Says
A special South African police unit, known as the Hawks, is investigating whether the Guptas have any influence on South Africa government business
05/06/2016
Banking Restricions Not The Only Barrier To European Investment In Iran
Anti-American rhetoric from such figures as Supreme Leader Ali Khamenei has actually increased in both frequency and intensity since the conclusion of nuclear negotiations between the two countries in July.
05/05/2016
Tamdeen Group wins top honours at Arabian Business Kuwait Awards
The Businesswoman of the Year award went to Saveco founder Noor Faisal Al Qatami, while the Entrepreneur of the Year title was picked up by Gastronomica AE founder Basil AlSalem.
05/04/2016
Domestic Investors Pour Money Into Egypt’s Property Market
Rise in prices and sales raise fears of a market bubble; buying houses as a hedge
05/04/2016
Qatar's Ezdan mandates banks for planned $2 bln sukuk
The banks will arrange a series of fixed income investor meetings in Asia, the United Arab Emirates and Britain starting on Thursday, it said.
05/04/2016
Bahrain Bourse Lists BBK Capital Securities
Bahrain Bourse today signed two agreements with BBK, the first is to list BBK’s perpetual tier 1 convertible capital securities and the second to assign Bahrain Bourse as a registrar for the bondholders of the securities.
05/03/2016
Emirates NBD introduces new banking app
The app offers branch personnel a full view of all active branch tokens with information on waiting times per customer, as well as customer profile and the purpose of the visit.
04/28/2016
Etihad Airways Chooses OpenLink For Risk Management
Etihad Airways has selected OpenLink for its commodities, treasury and enterprise risk management, in a move to consolidate its fuel risk management and treasury business into a single strategic platform.