06/01/2015
Ashmore to apply for Saudi investing licence this week - director
$566 bln stock market opened for applications on Monday
Alternative Investments
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.
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.
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.