01/01/2014
ADX in Search to Award Market Making Licence
“This is a step in the right direction but it will take time to develop,” said Mohammed Yasin, the managing director of National Bank of Abu Dhabi Securities.
Alternative Investments
12/31/2013
UBL funds spread wings to UAE market
“ This approval is an encouraging step for us and a great source of pride as this is the first time that an Asset Management Company based out of Pakistan will offer a range of funds to the general public in UAE.”
12/30/2013
Russian, Chinese and Gulf state firms enter commodity trading to control pricing
Banks by and large are moving out of the trading of physical commodities
12/27/2013
Work to restart on Dubai's artificial World islands as the emirate finally begins to recover from economic meltdown
The first European island to be built will be Germany, according to developers Kleindienst Properties.
12/26/2013
KPMG signs agreement to draft Al Raffd Fund strategy, policies
“The aim of this agreement is to speed up the launch of our services and to ensure the readiness of the fund whose services will be rendered from early 2014,” he said.
12/24/2013
KSCC : Global Announces its Nine Months 2013 Financial Results
Following the implementation of the restructuring transaction, the Company has a healthy capital structure with no debt on its balance sheet
12/23/2013
Arabtec Holding launches real estate development arm
Arabtec Real Estate Development Company, will focus on developing lifestyle communities
12/23/2013
Gfh Capital acquires prime Central London residential property
Located in Kensington, the property is a Grade II listed building, overlooking the Queens Gate Gardens.
12/23/2013
Application for new exchange
The Central Bank of Oman's Board of Governors will discuss various issues including an application to establish a new money exchange company in the country.
12/23/2013
Qatar fund in talks to invest $200 million in Indian property
The investments are a shot in the arm for India's property developers
12/16/2013
After a long, long delay: NBK to finance Kuwait's first public private partnership ever!
National Bank of Kuwait is participating in a consortium of international banks to arrange a loan of $1.43 billion to finance the first phase of the Az-Zour North Power and Desalination Project in Kuwait, the first Public Private Partnership project in K
12/16/2013
Al Habtoor eyes Xmas Eve opening for Waldorf Astoria Dubai
Dubai conglomerate Al Habtoor Group is set to expand its hotel portfolio with the launch of the Waldorf Astoria Dubai on the Palm Jumeirah.
12/12/2013
Clearstream's assets under custody rise in Turkey
Ratings agencies have given Turkey the vote of confidence this year, with Fitch, Standard & Poors and more recently Moody’s granting the country investment grade status.
12/11/2013
Abu Dhabi wealth fund to invest $250 million in Hines India Real Estate
Abu Dhabi Investment Authority is pouring $250 million into Hines India Real Estate.
12/09/2013
Kuwait said to seal $2.8bn London property deal
London Bridge Holdings announced the strategic sale of More London, to a well-established London property owner without naming the buying.
12/09/2013
State Of The Art Luxury Brand, Oxford Vaughan Launches in the UAE
The luxury British sunglasses brand, Oxford Vaughan, is proud to announce its arrival in the UAE to introduce their prestigious collection of exclusive eyewear.
12/08/2013
National Bank of Oman GCC Fund raises OMR12.4m
The strong response received from investors from Oman and the wider GCC states despite high market volatility reflects their belief in the fund's investment strategy combined with strong investor confidence in the bank's asset management product
12/08/2013
UAE and Gulf finance chiefs more optimistic than regional and global counterparts
The Deloitte Global CFO Signals report provides highlights of recent CFO surveys results by Deloitte practices across the world.
12/03/2013
Emirates NBD Asset Management and Jupiter in tie up
The newly formed strategic partnership announced that Jupiter’s multi-manager team has been appointed as delegate investment advisor for the conventional multi asset class global funds
12/02/2013
Swicorp plans $266m Saudi property fund
The “Bawabat Makkah 1st Real Estate Development Fund” involves the development of a 1.5 million sq m site