05/26/2015
Saudi's Almarai approves $5.6bn investment plan for 2016-20
Almarai is present in the six Gulf countries as well as Egypt and Jordan.
Alternative Investments
05/26/2015
Mubasher Financial Services expansion continues with the opening of a new office in Bahrain
Mubasher Financial Services BSC, one of the leading financial institutions in the Middle East, is pleased to announce the opening of a new state of the art office in Bahrain.
05/26/2015
BCMS Gulf Launches Operations in the Kingdom of Bahrain
Under the Patronage of His Excellency Shaikh Hisham bin Abdulrahman Al Khalifa, Capital Governor
05/26/2015
International mergers and acquisitions advisor launches operations in Bahrain
Under the Patronage of His Excellency Shaikh Hisham bin Abdulrahman Al Khalifa, Capital Governor
05/25/2015
Public private cooperation on infrastructure 'will bring stability'
The main investor in infrastructure in the region is the public sector but it cannot do it alone' said Hani Mulki chief commissioner of the Aqaba Special Economic Zone Authority in Jordan.
05/25/2015
Bahrain and China to sign major trade agreements
Two major agreements are expected to be signed by Bahrain and China
05/25/2015
Qatar businesses urged to tap GSFTA, Asean trade benefits
Qatar businessmen have been urged to take advantage of the Gulf Cooperation Council-Singapore Free Trade Agreement and the Asean Economic Community, a single market that would facilitate “freer flowing trade, investments, and connectivity.”
05/24/2015
Revolutionary product 'Loans for Diamonds' launched
This revolutionary product will allow diamonds registered with DMCC's Tradeflow platform, which will act as the central registry, to be used as collateral for trade finance loans
05/24/2015
FGB named 'Most Impressive Middle East Borrower' at 2015 GlobalCapital Bond Market Awards
The ceremony was held as part of GlobalCapital's ninth annual gala dinner, to celebrate the best borrowers, banks and bankers in the sovereign, supranational and agency, FIG, corporate and emerging markets sectors.
05/24/2015
Horn of Africa`s Djibouti dreams of becoming `New Dubai`
It may be a tiny country of around 850,000 people, but it has a bold ambition to become the commercial hub of eastern Africa
05/24/2015
Oman's Bank Sohar launches $250 mln 3-yr debut loan - statement
Bank Sohar has picked Arab Banking Corporation as the sole arranger and bookrunner for the loan syndication
05/21/2015
Turkey’s Netlog to meet with potential investors soon over stake sale
Turkish logistics firm Netlog is looking to sell a stake to an investor to help to expand its business, which already has distribution warehouses in Europe, the Middle East and North Africa after a string of acquisitions.
05/21/2015
Dubai’s Emaar announces intention to float Egypt unit on Cairo bourse
Emaar Misr intends to use the proceeds from the IPO towards its non-residential developments in Egypt
05/21/2015
China eyes Sharjah to boost trade
Having identified the UAE as an important partner, China is looking at engaging individual emirates to boost its economic and trade ties with the second-largest economy in the Arab world that has a GDP of over US$400 billion.
05/20/2015
Demand for cloud telephony services to grow in Dubai
Knowlarity, which is headquartered in Singapore, but has its main offices in Gurgaon, Mumbai and Bangalore, in April tied up with Compareit4me.com, a leading UAE-based finance comparison site.
05/20/2015
Top performing MENA fund reopened as Lux vehicle
One of the top-performing Middle East & North African equity funds has switched to a Luxembourg domicile to increase access for European investors
05/20/2015
The Abraaj Group invests in Auvest MENASA Opportunities Fund
The commitment by Abraaj also marks the formal launch of the Fund
05/20/2015
UAE expats look to UK for buy-to-let deals
British expats in the UAE are taking advantage of rising rents in the UK to snap up buy-to-let properties, experts report.
05/19/2015
Emirates NBD bonds totalling $951 million list on NASDAQ Dubai
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD, rang the market-opening bell on 17 May to celebrate the listing of two conventional bonds totalling $951 million on NASDAQ Dubai
05/19/2015
Islamic commodity trading getting a boost
The DMCC concept followed the Bursa Suq Al Sila, set up by the Malaysian stock exchange in Kuala Lumpur as early as in 2009 to serve as an Islamic commodity trading platform for crude palm oil, an initiative spearheaded by the Malaysia International Islam