03/21/2016
Maha Al Ghunaim: investing in the future
Global Investment House founder and chief executive officer Maha Al Ghunaim explains how the company has emerged stronger from a $1.7bn debt restructuring in 2013
Alternative Investments
03/21/2016
GCC reinsurers expected to survive softening renewal rates
Region remains attractive given the lack of extreme losses and a growth potential driven by low penetration and appetite for large projects
03/21/2016
Investcorp Further Expands Real Estate Portfolio with Acquisition of Five Residential Properties in Minneapolis and Boca Raton
The residential properties located in the suburbs of Minneapolis, MN are comprised of two multifamily apartment properties with 854 units and an average occupancy rate of 95 percent.
03/21/2016
ADIA at 40: Longest-serving employee witnessed evolution into a financial powerhouse
News of corporate events was received by telegraphic tickers and orders for buying stocks were left to the frustrating uncertainty of the fax machine.
03/20/2016
Investors tell of worry as bogus Dubai ‘ponzi scheme’ payouts dry up
Financial advisers aired concerns in an article in The National in January following a growing demand for investments in foreign exchange funds they said were offering profits that were too good to be true
03/20/2016
Dubai’s Damac renames Versace-cobranded tower in London
The re-alignment of the project’s name coincides with the launch of a limited release of luxury units.
03/18/2016
Greenman raises €31m for German investment
Greenman chief says group on course to expand assets to €500 million this year
03/18/2016
Qatar said to eye Turkish banking, agricultural investments
Turkish media quoted Salem Mubarak Shafi al-Shafi, Qatar’s envoy to Turkey as saying that the talks with Turkish banks are ongoing.
03/17/2016
Iranians To Spend $8.6bn On Overseas Properties
Led by Iranian-born managing director Becky Fatemi, whose family before the revolution worked in Tehran for the Shah of Iran, Rokstone has a network of Iranian clients, both nationals and diaspora.
03/17/2016
Al Khaliji, Ahli Bank, IBQ in talks on 3-way Qatar bank merger - sources
Should the merger go ahead, the combined entity would have assets worth upwards of 120 billion riyals
03/16/2016
Bitcoin or Broke
Is bitcoin a revolutionary technology or a passing fad for the Middle East?
03/16/2016
Where to invest: UAE investors prefer hard cash, gold; shun property, stocks
Cautious investors currently hold 33% of their wealth in cash/deposits and gold
03/16/2016
Bahraini banks acquire key US real estate portfolio
The Bridgewater property sits on a 260,000 sq m gated land and boasts 532 residential units spread over 36 residential buildings, while the Preston Creek property sits on a 206,000 sq m gated land consists of 334 residential units spread over 19 residenti
03/15/2016
GCC investors targeted for new luxury London real estate project
Qatar remained the largest source of outbound capital from the region, investing a total of $9.834 billion, the research showed.
03/15/2016
Bahrain Bourse creates REITs market
The details of the market and the trading mechanism of REITs will be announced later
03/15/2016
Stonehill Capital Said to Block $1.2 Billion Limitless Deal
Limitless said it continues to hold private negotiations with lenders
03/15/2016
Bank of China signs settlement deal in Dubai
Bank of China has become the fifth settlement member and first Chinese bank to link-up with the post-trade arm of Dubai's Gold and Commodities Exchange.
03/15/2016
Aberdeen enters Abu Dhabi financial centre
Aberdeen Asset Management has confirmed that it will open an office in the Abu Dhabi Global Market (ADGM) towards the end of the year.
03/15/2016
NBAD wins prestigious awards from EMEA Finance
NBAD has now won 73 recent industry awards for its Bonds, Loans and Sukuk platform. This is more such awards than any other firm in the region.
03/14/2016
Mashreq sees robust opportunities in retail, SME and wealth management
Basics of banking and customer experience is the way forward