10/14/2014
Ashmore Group plc's Middle East expansion to make Saudi Arabia key market
Opening this subsidiary is part of Ashmore's strategy to build local businesses in key emerging markets
Alternative Investments
10/14/2014
Commercial Bank Of Kuwait To Sell 120 Million Dinar Bond
The bond will have a ten-year lifespan, with an option for the issuer to redeem it after the fifth year, and will be priced at 2.25 per cent over the central bank of Kuwait's discount rate.
10/13/2014
$200bn worth of rail and metro projects planned in Middle East
The award of major metro and rail contracts in the Middle East has made the region among the most important sources of new work for all those designing, building, supplying and operating railways.
10/13/2014
Bank Sohar awarded Business Excellence Award at BIZZ Awards 2014
Receiving yet another laurel for excellence, Bank Sohar received the ‘Business Excellence Award’ recognition respectively from the Texas based, World Confederation for Business (WORLDCOB) at the Bizz Arabic 2014 Awards.
10/13/2014
UAE government approves higher federal spending for 2015
The projected federal spending of one of the world's top crude oil exporters is up from 46 billion dirhams in the original budget for 2014.
10/12/2014
Emirates NBD Asset Management strengthens Emirates NBD SICAV platform with launch of eight new funds
Emirates NBD Asset Management Limited the asset management arm of Emirates NBD , a leading bank in the region, announced today the launch of eight new funds under the Emirates NBD SICAV platform in Luxembourg.
10/12/2014
Qatar seeks IMF help for development strategy
Qatar, along with four other GCC countries, has told the International Monetary Fund that it is looking for the Fund’s help to develop a better ‘inclusive development strategy’.
10/12/2014
Swicorp and Nesaj Announce Successful Closing of "Al-Dhawahi Real Estate Development Fund"
The Al-Dhawahi Fund was established by Swicorp in partnership with Nesaj Development Company, a subsidiary of the Al-Fozan Group.
10/12/2014
NBO's $500 MN Bond Issue 3 Times Oversubscribed
Following a highly successful international investor roadshow, National Bank of Oman on Saturday announced that the first bond issuance under its new euro medium-term note programme was more than three times oversubscribed.
10/12/2014
Wealthy Qatari investor lines up €27m approach for luxury hotel and golf resort
First round bids are expected later this month.
10/10/2014
Quinlan eyes raising funds from $2bn equity investor
Derek Quinlan, the Celtic tiger financier, has held talks with AGC Equity Partners, a Middle East and UK-based fund with $2 billion equity under management, about raising cash to get back into business, according to property sources.
10/10/2014
Qatar: Plan to insure bank deposits from next year
Authorities are mulling ways to insure bank deposits against risks of loss and provide protection to other investors.
10/09/2014
Kuwait suspends trading in GFH shares over Leeds Utd sale
Kuwait’s market regulator has suspended trading in shares of Gulf Finance House over the non-disclosure of the intended sale of Leeds United Football Club last year.
10/09/2014
Investcorp announces succession planning
Following Nemir Kirdar’s decision to retire as Executive Chairman and CEO at the end of the current fiscal year on 30 June 2015, the Investcorp Board of Directors Nominating Committee and the Board of Directors have accepted his recommendation that
10/08/2014
SKFH Announces the Launch of Subscription in Saudi Equity Fund "Waed"
Fund offered for subscription for SR 10 per unit, aims at achieving capitalistic growth Saudi Kuwait Finance House announced the launch of subscription in its second investments fund named in Saudi Riyal.
10/06/2014
Lighter regulations at DIFC attract three new funds
Two Dubai-based law firms said they were undertaking the preparatory work for new funds using the structure, with a view to launching them before the end of the year.
10/06/2014
Saudi's largest lender plans to raise $6bn in IPO
Saudi Arabia's National Commercial Bank plans to raise SR22.5 billion in a flotation this month, it said in a statement, the biggest ever share sale in the Middle East.
10/06/2014
London continues to attract Middle East initial public offerings
Listing on the LSE allows international investors to avoid the pitfalls of buying emerging market shares locally.
10/06/2014
Chemi Peres launches Middle East investment fund
Peres, Jonathan Kolber and Assaf Shariv have so far raised $15 million for the Amelia fund.
10/01/2014
Middle East investments in Sri Lanka to grow
Several Middle –East companies are willing to invest in Sri Lanka due to the country's on going development activities.