05/15/2014
VCBank posts $5.3m net profit
The balance sheet remained strong with total assets at $242.6m as on March 31
Alternative Investments
05/15/2014
UNB Al Itihad Fund and Al Samaha Fund performance for Q1 2014
Treasury & Investment Division of Union National Bank announces the performance of its investment products for the period ending March 2014.
05/14/2014
Islamic Development Bank approves $671 million project funding
The Islamic Development Bank's (IDB) Board of Executive Directors has approved new fundings
05/14/2014
UAE banks wooing property owners to go for more
Some have launched offers for extending loans against existing property
05/14/2014
Iraqi Exchanges in Dubai to Woo Regional Investors
Representatives of Iraq’s two stock exchanges are in Dubai this week to court regional investors and to present their respective business case.
05/13/2014
Saudi Tallest Tower to Obtain Financing in First Half, CEO Says
Kingdom Tower, the Saudi skyscraper set to be the world’s tallest building, will probably have construction funding in place by the end of the first half
05/13/2014
More kangaroo bond deals from Middle East banks in pipeline, says HSBC
HSBC anticipates working on another three kangaroo-bond deals for clients in the region, he said, declining to identify the issuers
05/13/2014
Investment bank plans at Al Ramz with IPO in consideration
The Abu Dhabi-based stock brokerage Al Ramz Securities is considering an initial public offering amid ambitions to turn into a full-fledged on-shore investment bank.
05/13/2014
Credit Agricole-Backed Saudi Bank Said to Plan $533 Million Bond
Banque Saudi Fransi, the Saudi lender part owned by Credit Agricole SA, is planning to raise about 2 billion Saudi riyals to bolster its capital base
05/13/2014
HSBC Touts Kangaroo Bonds as Banks Look Down Under: Arab Credit
Banks are turning to new markets for funding as they guard against an eventual tightening of credit in the U.S. Australia’s pool of pension funds is the world’s fourth-biggest
05/13/2014
DSI chief executive among founders of company planning Dh750m IPO
A flurry of IPOs is being planned as investors take advantage of higher valuations in the secondary market.
05/13/2014
Trade with Qatar is very strong: Singapore envoy
Qatar and Singapore trade volume has reached $8bn last year
05/12/2014
Big Gulf Funds Shouldn’t Fret About Treasuries, Atlanta Fed President Says
These funds, the largest of which are in Saudi Arabia, the United Arab Emirates and Kuwait, are investment vehicles that store excess dollar-denominated energy revenues.
05/12/2014
CBRE Bahrain wins key management contract
CBRE appointed property and leasing managers for Enma Mall Key staff appointments demonstrate CBRE's continued commitment to the Kingdom
05/12/2014
Afghan Investors See Turkish Properties As Safe Havens
Typically, investors from Afghanistan do not make large scale investments
05/12/2014
Kingdom Tower to Get Financing in First Half, Developer Says
Kingdom Tower, the Saudi skyscraper set to be the world’s tallest building, will probably have construction funding in place by the end of the first half.
05/12/2014
Key sectors to invest in within Middle East
GCC debt instruments to outperform emerging market counterparts
05/12/2014
GFH assures positive financial position
Decline in share price due to rumours
05/11/2014
QFMA eyes Qatar as regional hub for foreign funds and technology
HE Sheikh Abdullah bin Saoud Al Thani considered the membership a new step in the context of becoming a regional hub for investors
05/09/2014
EIB Lends EUR200 Million To Turkey For Europe-Asia Rail Link Project
The Marmaray tunnel itself was inaugurated on the occasion of the 90th anniversary of the Republic of Turkey