08/15/2014
DIFC Investments Plans Sukuk Issue
Sources suggested that the new sukuk, if successful, would be used to refinance a $1 billion syndicated loan taken in May 2012.
Alternative Investments
08/14/2014
Manipulation Led to Bank Asya's Suspension In Bist
The Borsa Istanbul, Turkey's stock market, issued a statement providing the reason for suspending the trading of shares of Bank Asya under the name ASYAB between August 7 and 12, which is a bank known for its affiliation with the Gülen Movement
08/14/2014
As Saudi bourse opens, foreigners face clash of investment cultures
The activities of Otaibi and many thousands like him mean there will be a clash of investment cultures when international institutions enter the $580 billion Saudi market early next year
08/14/2014
As Saudi bourse opens, foreigners face clash of investment cultures
Saudi Arabia is one of the last major markets in the world to open up
08/12/2014
Eiger Trading launches world first 24/7 automated retail and wholesale Murabaha platform
Eiger Trading today announced the launch of the first ever fully-automated, Shariah-compliant 24/7 Commodity Murabaha platform.
08/12/2014
Bridging the Gulf
You may have thought the changing legislation would have affected interest in that area from the Gulf
08/11/2014
Bahrain's Investcorp says it has sold US media company
Bahrain-based alternative investment fund Investcorp said on Sunday that it has completed the sale of New York-based business-to-business media company SourceMedia to Observer Capital.
08/11/2014
SAP: Middle East insurers adopt digital strategies to boost outreach to millennials
Insurers also acknowledged the barriers to cloud adoption in their organizations
08/10/2014
Dubai-owned developer Meraas may launch IPO
The developer is involved in a number of high profile projects, including a development project for a 1.8km stretch of Dubai Creek
08/09/2014
KFH to pay fees for empty pieces of land
Kuwait Finance House Chairman, Hamad Al-Marzouq stated that KFH took the initiative to pay the prescribed fees for empty pieces of land on its local real estate transactions.
08/08/2014
Don’t cry for me || Israeli company may help Argentina to escape huge hedge fund debts
Business intelligence firm Black Cube in talks with Buenos Aires to find dirt on Elliott Management and avoid bond default.
08/07/2014
Real Estate In Turkey A Hot Favorite With Gulf Investors
The number of real estate purchases made by overseas investors has increased by more than 40 percent in the last six moths
08/06/2014
Injaz Mena returns to profit and rebrands as Integrated Capital
A new board of directors was put in place in July 2013, chaired by Jassim Alseddiqi, Chief Executive Officer of Abu Dhabi Capital Management, to guide the company through a period of restructuring and to extract the maximum value from its legacy portfolio
08/06/2014
Dubai Financial Market Secures Five More Margin Trading Members
The multi-asset exchange is expanding its coverage of derivatives as investors look for more sophisticated trading instruments.
08/06/2014
Qatar emir issues law raising foreign ownership limits for stocks
Originally announced in late May, the law also lets foreigners own more than 49 percent of a firm in special cases if they obtain approval from the Qatari cabinet.
08/06/2014
Injaz Mena reports Dh7.1m profit
Investment company rebrands as Integrated Capital
08/05/2014
Bank Muscat Oryx Fund expands to MENA region
By expanding the investments to the MENA region, the Fund will be able to generate better returns for investors
08/05/2014
Qatar royal family said to be bidding for the Gherkin
The Frankfurt office block, The Squaire, has a price tag of €850 million
08/05/2014
Union National Bank signs Bancassurance Partnership with Orient Insurance PJSC
This marks the partnership of two leading brands in Banking and Life Insurance to provide world-class savings, protection plans and comprehensive life insurance solutions to its customers, through dedicated insurance specialists.
08/04/2014
Marsa Abu Dhabi to market EALB's EGP2.7bn assets in Gulf next Sept
EALB signed protocol with Marsa Abu Dhabi Properties, within the aim of marketing the bank's assets in Gulf markets.