05/20/2015
The Abraaj Group invests in Auvest MENASA Opportunities Fund
The commitment by Abraaj also marks the formal launch of the Fund
Alternative Investments
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
05/19/2015
Bank of Sharjah picks arrangers for potential debut dollar bond -leads
Bank of Sharjah has picked five banks to arrange fixed income investor meetings from Thursday for a potential debut benchmark U.S. dollar bond, a document from lead arrangers showed.
05/19/2015
UAE's RAKBANK makes offer to buy RAK National Insurance
The shares last closed in the market at 3.61 dirhams. Last July, the bank said it was in talks to acquire a majority stake in Ras Al Khaimah Insurance.
05/18/2015
ICBC Middle East plans benchmark dollar bond issue
It would be the first bond issue by ICBC through its DIFC branch, underlining the bank's growing business in the Middle East as trade and investment ties between China and the Gulf expand rapidly.
05/18/2015
Qataris buy £40m six storey Mayfair mansion
Property deal seen as key move in Qatari family's bid to create Mayfair enclave
05/17/2015
Dubai is the gateway to the wider Middle East region
Ibrahim Aljanahi, Deputy CEO of Jafza and Chief Commercial Officer at the event.
05/17/2015
Hale: Lebanon good place for investment
The United States wants to promote Lebanon as a place for investment, U.S. Ambassador to Lebanon David Hale said, adding that the country has enormous business opportunities.
05/17/2015
Hamptons International showcases 'The Collection' of high-end UK properties worth AED 1.5 bn in Dubai
Capitalises on current trends of Middle Eastern buyers investing in the UK market with Hamptons London network seeing an increase from 2.5 to 4% in 2015 alone
05/17/2015
AlKhair Capital IPOs Fund launched
AlKhair Capital Saudi Arabia, the leading Saudi-based investments institution, has launched the AlKhair Capital IPOs Fund.
05/17/2015
Masafa Investment Partners with Gianfranco Lotti
Masafa Investment to distribute Gianfranco Lotti's premium line of luxury leather bags in the U.A.E
05/17/2015
Al Ansari Exchange grants half a million dirhams to Emirates Foundation
In line with its corporate social responsibility (CSR) strategy, Al Ansari Exchange, the UAE-based company that provides worldwide remittance and foreign exchange services, has announced a grant of AED 500,000 to Emirates Foundation
05/17/2015
DIFC successfully concludes Dubai Week in China
DIFC will serve as an ideal platform in supporting the progress of China’s growth
05/17/2015
HSBC, BNP said pitching again for $5bn Abu Dhabi financing
It’s the third time since the company’s formation in 2008 that it has sought to hire a financial adviser for the project, without appointing anyone, according to the people.
05/17/2015
Jordan Insurance Company participates in Soccerex Asian Forum for second consecutive year
Jordan Insurance Company recently concluded its participation in the 2015 Soccerex Asian Forum, which was held on May 3 and 4 at the King Hussein bin Talal Convention Center, overlooking the Dead Sea.
05/15/2015
AXA gets Regulatory Initial Approval to enter Egypt Insurance Market
Egypt's market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading insurer Axa
05/13/2015
Sukuk Returns to Qatar
Masaraf Al Rayan may bring sukuk sales back to the Gulf nation
05/13/2015
VTB Capital Said to Close Dubai Equity Trading as Sanctions Hit
VTB cut the number of staff at its Dubai office by more than half from a peak of about 15 bankers, said one of the people, asking not to be identified because the information is private.