11/05/2014
Commercial Bank of Kuwait cancels KWD 120 million bond
The 10-year bond had been assigned a provisional Long-Term Issue Rating of 'BBB-' by Capital Intelligence with a ‘Stable’ outlook.
Alternative Investments
11/04/2014
Gulf Region Investment in U.S. Real Estate Surges 51%
Persian Gulf investors from sovereign wealth funds to rich individuals increased spending on U.S. real estate, attracted by the pace of economic growth
11/03/2014
Dubai's expat pension plan now at UAE-level consideration
International Bank for Reconstruction and Development has recommended pension fund for expatriate employees
11/03/2014
In UAE, Tighter Regulations Lead To Real Estate Stabilization
Once the world’s hub of luxury high rise development, the United Arab Emirates city of Dubai has learned the hard way.
11/03/2014
China central bank signs $6 bln currency swap with Qatar
China's central bank has signed a 35 billion yuan currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the U.S. dollar.
11/02/2014
Al Hail Holdings complete the 100% acquisition of Habib Exchange
The Company primarily focuses on providing currency exchange and remittance services to expatriate workers in the UAE.
11/02/2014
ADCB Receives Approval from Monetary Authority of Singapore for Representative Office
Singapore is a vital business crossroads of the world
11/02/2014
Dubai Association Centre promotes Dubai as global hub for associations
The roadshows came as part of DAC's efforts to attract international non-profit, professional associations and trade bodies to establish a regional representative office to conduct business in the UAE and beyond and to form a membership-based communi
10/31/2014
Dubai plans tallest twin towers in the world
Dubai’s Emaar Properties has unveiled the master plan for its massive Dubai Creek Harbour scheme, and it includes what the company has said will be the world’s tallest twin towers.
10/30/2014
Next stop for the yuan's global journey: Canada, Middle East
Even as China quickly expands the use of its currency to financial hubs in Asia and Europe this year, bankers are already looking to Canada and Middle East as the next growing regions for their offshore yuan Bunsen's.
10/30/2014
Middle East investors behind $1bn US project
Middle East investors are among those behind a new $1bn plus mixed-use retail project being developed in Los Angeles, which will be designed by legendary architect Frank Gehry
10/28/2014
Dubai Mercantile Exchange, Bank of China announce partnership agreement
DME and Bank of China will work together to examine the feasibility of creating new financial products
10/28/2014
Bank of China and DME announce partnership agreement
Bank of China and DME today signed a Memorandum of Understanding to strengthen their cooperation in offering innovative finance solutions to their mutual customers.
10/27/2014
Emaar and Dubai Holding unveil first luxury residential project in 'Dubai Creek Harbour at The Lagoons'
The unmatched serenity of waterfront living along the historic Dubai Creek and spectacular vistas of the city's glistening skyline differentiate the newest residential property launch by Emaar Properties and Dubai Holding.
10/27/2014
Strong nine months financial performance by Mashreq achieves 35% increase in Net Profit
The bank's Total Operating Income for the period grew to AED 4.3 billion, an increase of 24% compared to a year earlier, driven by both Net Interest Income and Net fee and commission income.
10/26/2014
Mashreq Launches Partners Forum
These events offer an excellent platform to open up conversations and connect with industry peers; I warmly encourage all partner companies to take part
10/26/2014
ADX out to woo Asian investors
The Abu Dhabi Securities Exchange is seeking to tap the billions of dollars held by Asian investors, in the final stage of its global roadshow 2014.
10/26/2014
Abu Dhabi State Fund Asks For More In $22bn Malaysia Banking Deal
Aabar Investments is demanding a hefty premium for its minority stake in Malaysia’s No.4 bank
10/26/2014
Japan Bank for International Cooperation delegation visits DEWA
He Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority received, at his office, a delegation from Japan Bank for International Cooperation.
10/26/2014
Abu Dhabi Financial Group launches Eastern European office
Abu Dhabi Financial Group today announced the launch of its office in Podgorica, Montenegro.