06/03/2015
Strong appetite for investment in Egypt
A panel of business leaders, bankers, investors and regulators said at a Forum hosted by the National Bank of Abu Dhabi that there is strong appetite to invest in Egypt.
Alternative Investments
06/02/2015
Kuwait - Global beats restructuring plan on Mideast buyouts
The company generated 122mn from asset sales between July 2013 and the end of last year, exceeding a target of 35mn in its agreement with creditors, Ibrahim Saad, chairman of Global, said in an interview in Dubai.
06/02/2015
DFM welcomes Amlak’s resumption of share trading
Dubai Financial Market today welcomed the resumption of Amlak Finance PJSC share trading
06/02/2015
Amlak shares end flat after wild return to Dubai trading
Traders said institutions were doing most of the selling while speculative individual customers were doing most of the buying.
06/01/2015
Zain Group invests in Wamda Capital's Venture Fund
Zain joins the World Bank's IFC in supporting MENA's digital start-up ecosystem
06/01/2015
Abraaj plans more exits from Gulf investments
Abraaj, a buyout firm focused on emerging markets, plans to exit more Gulf investments after selling a stake in an Egyptian medical business last month
06/01/2015
Zain Group invests in WamdaCapital's Venture Fund
Zain Group, a leading innovator of mobile communications in eight markets across the Middle East and Africa, announces its second foray into venture capital investment through a strategic participation in WamdaCapital's growth stage venture fund. Wam
06/01/2015
Abu Dhabi Retirement Pensions and Benefits Fund Launched the "Mazaya" Program
They were the source of strength and giving and today they are our source of experience and knowledge.
06/01/2015
KKR, Fajr close in on stake in Mideast retailer Azadea - sources
Based in Lebanon but with operations across the wider Middle East, North Africa, Turkey and Pakistan, Azadea holds franchise rights for brands such as Gap, Zara, which is part of Inditex, and Superdry.
06/01/2015
Ashmore to apply for Saudi investing licence this week - director
$566 bln stock market opened for applications on Monday
05/31/2015
Gulf Capital Receives Dual Recognition for "Best Credit Fund" and "Best Private Equity Firm" in the Middle East
The prestigious Banker Middle East Industry Awards ceremony was attended by prominent industry leaders and banking and finance experts from the Arab World, including the Gulf Cooperation Countries (GCC), Levant and North Africa, and from around the world.
05/31/2015
Abu Dhabi Global Market and Abu Dhabi Department of Economic Development Sign MOU
Dhaher Mohammed Bin Dhaher Almheiri, CEO of the ADGM Registration Bureau
05/31/2015
An investors paradise with incentives and infrastructure
The Kingdom today provide exceptional opportunities for international businesses to participate into the fast growing $1.6 trillion Gulf market
05/31/2015
An investors paradise with incentives and infrastructure
A few decades ago, Bahrain, an oil based economy, was absolutely dependant on imports of edibles, heavy machinery, garments, spare parts etc.
05/29/2015
1MDB partners pump US$1 billion into troubled strategic fund
Troubled 1Malaysia Development Berhad's (1MDB) Middle East partners will inject US$1 billion into the debt-laden strategic fund for early repayment of a US$975 million syndicated loan led by Deutsche Bank, the Finance Ministry said today.
05/28/2015
DGCX’s deal with Bank of China to up interaction
The agreement creates a frame-work for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
05/28/2015
RAKBANK acquires 79.23 per cent of RAK Insurance
RAKBANK today announced the acquisition of 79.23 per cent stake Ras Al Khaimah National Insurance Company P.S.C. (RAK Insurance) following the purchase of a total of 87,154,981 shares at AED 3.64 per share through a tender offer.
05/27/2015
Russia, UAE to invest in Egypt economy
The fund’s management held a series of meetings with partners in the region, including ministries and agencies of Egypt, Middle Eastern investment funds as well as Russian companies interested in developing business in the Middle East
05/27/2015
FPI brand will live on after Aviva merger
We don’t see any major impact of running the brands in parallel
05/26/2015
Dubai boutique advisory started by former JPMorgan, Citi bankers
Two former investment bankers from JPMorgan Chase & Co and Citigroup have started a boutique advisory firm in Dubai, aiming to tap appetite for deals in the US and Canada.