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
Alternative Investments
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.
04/28/2016
Abu Dhabi State Fund Mubadala Planning Bond Issue Soon, Picks Banks
Abu Dhabi state-owned investment fund Mubadala has chosen banks to arrange a dollar-denominated bond issue
04/28/2016
Bahrain, Egypt bourses sign dual listing agreement
The agreement also aims to enhance technological infrastructure and informatics for the Bahrain Bourse to contribute to facilitate the flow of investment between the two countries, said Egypt's stock exchange chief Mohamed Omran.
04/28/2016
Mashreq’s Loyalty Program, Salaam Rewards, wins two awards for enhanced customer experience
The awards recognize the banks’ continued focus on innovation; Mashreq has proven to be a conduit for innovative ideas and thinking over the years, and continues to be recognized for its emphasis on customers and their experience.
04/27/2016
Saudi Arabian Airlines hires HSBC to arrange $1.3bn sukuk
The sukuk would be sold in the second half of the year, Saleh al-Jasser told reporters.
04/27/2016
Islamic Corporation for the Development of the Private Sector rings market bell to celebrate listing of USD 300 million Sukuk on Nasdaq Dubai
The total nominal value of Sukuk currently listed in Dubai has now reached 42.61 billion US dollars
04/27/2016
Saudi Arabia to overhaul floundering financial district, economic cities
The project to build the King Abdullah Financial District began in 2006; skyscrapers were to house banks and the financial regulator.
04/26/2016
Abu Dhabi begins marketing dual-tranche bond offering
Abu Dhabi is rated AA by both Standard & Poor's and Fitch.
04/26/2016
Dubai International Financial Centre Hosts IMF 2016 Regional Economic Outlook for Middle East, North Africa and Pakistan
Dr. Masood Ahmed, Director of IMF's Middle East and Central Asia Department: The economic activity of oil importers in the MENAP region have started to strengthen
04/25/2016
Instinctif Partners Middle East appointed to advise Fisch Asset Management
International business communications consultancy will provide strategic communications support to Fisch Asset Management across the GCC Zurich-based asset management boutique specialises in convertible and corporate bond strategies
04/25/2016
UAE currency exchanges optimistic despite economic worries
India topped the list as the world’s largest recipient of remittances from abroad, with its citizens sending home $69 billion.
04/25/2016
Qatar First Bank’s QSE listing a ‘significant achievement’: Chairman
It marks the next step in Qatar’s efforts to reactivate Qatar’s stock market and encourage the participation of the private sector in all aspects of the Qatari economy and in particular the banking sector.”
04/25/2016
Alkhabeer Capital launches private equity fund targeting Saudi Arabia's emergent education sector
he Fund is a closed-ended investment fund that was launched in Q4 2015 and offered by way of private placement, according to the Investment Fund Regulations.