04/09/2014
Union National Bank, one of the leading banks in the UAE, has concluded the financing arrangement for AED 600 Million, for the development of National Investment Corporation 's Marina Sunset Bay Project at the scenic Marina Break-Water Area in Abu Dh
04/09/2014
In response to high levels of underinsurance in the region, where life insurance in particular has one of the lowest penetration rates of any emerging market, First Gulf Bank one of the leading banks in the UAE, has announced the launch of a new ‘In
04/09/2014
Murabaha Company inked a deal with Saudi-Kuwaiti Finance House to serve as its financial advisor, in order to plan and take steps towards the company’s goal to offer 30% of its shares for public offering.
04/08/2014
Ex-UBS Banker Starts Frontier Markets Investment Firm
A rising number of Middle Eastern bankers are starting their own firms
04/07/2014
Opalesque Industry Update - Aventicum Capital Management today announces the launch of its second investment business, Aventicum Alternative Equities, as the group expands its presence into Europe.
04/07/2014
A hefty $75 billion worth of gold, or about 40% of the world’s physical bullion exchange, was traded through Dubai last year
04/06/2014
Commercial Bank’s Al Waseela fund has won the ‘Qatar Equity Fund of the Year’ award at the annual Mena Fund Manager Awards held in Dubai earlier this year.
04/05/2014
The banks were informally hired, though no documents have yet been signed, said the people, who asked not to be named because the information is private.
04/04/2014
Zain Group, a pioneer of mobile telecommunications in eight markets across the Middle East and Africa, has secured a USD 250 million four-year Murabaha facility from a syndicate of financial institutions led by Kuwait-based Boubyan Bank and with the parti
04/04/2014
Investcorp in deal with Eyck Capital
Bahrain-based Investcorp's US-based hedge fund business and Eyck Capital Management a London-based investment manager led by Khing Oei, yesterday announced a strategic relationship.
04/02/2014
Standard Chartered in deal with Capital Club
The agreement was signed at a ceremony held at the club located within the Bahrain Financial Harbour, in the presence of senior executives from both organisations.
04/02/2014
Scottish Trade to Middle East Increases 13%, According to Most Recent Government Figures
Scottish Development International's Chief Executive to attend Annual Investment Meeting in Dubai
04/01/2014
The aggregate primary issuance of bonds and sukuk in the GCC totalled $97.7 billion in 2013, a 14.5 per cent increase from the total amount raised in 2012, the Kuwait Financial Centre announced in a report.
03/31/2014
One of Dubai’s flagship conglomerates has achieved a near threefold rise in profits for 2013 on the back of the emirate’s dramatic economic recovery.
03/31/2014
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund has grown to more than AED1 billion and become the region’s largest equity fund in less than a year from its launch.
03/31/2014
Former Soros Manager Sets Up Frontier Markets Firm in Dubai
When money managers set up in the U.A.E., they’re usually either investing in the region or trying to tap the Middle East’s large pools of capital for funds that look elsewhere.
03/31/2014
Damac is poised to benefit from Dubai’s property revival as the developer that offers free sports cars to luxury apartment buyers plans its first sale of Islamic bonds.
03/27/2014
QInvest is pleased to be able to offer this new structure to investors seeking Sharia'a compliant financial solutions
03/26/2014
Dubai International Financial Centre branch will provide new resources to service and market to prospective clients in the DIFC and region
03/26/2014
UK-based global life and general insurer Aviva has disposed of its Turkish general insurance business, Aviva Sigorta, to a private equity consortium led by EMF Capital Partners