06/11/2014
Dubai's Emaar Malls tightens guidance for 10-year sukuk
Emaar Malls said the deal would remain benchmark size, which is traditionally understood to mean in excess of $500 million.
Alternative Investments
06/10/2014
First Gulf Bank Files to Sell Debt on Tokyo Pro-Bond Market
First Gulf Bank PJSC, the United Arab Emirates’ third-largest lender by assets, registered to sell as much as $1 billion of securities on the Tokyo Pro-Bond Market as it seeks funds to expand.
06/10/2014
8 luxury Italian firms set up base in Abu Dhabi
The Italian firms’ interest in Abu Dhabi market shows growing appittite among government, corporate and individual clients to get the best out of innovators
06/09/2014
London properties attract Middle Eastern investors
London accounts for around one-fifth of the UK's total GDP
06/09/2014
Bank Muscat 'eyeing' Oman brokerage business sale
Bank Muscat is seeking offers from potential buyers for its brokerage operations in the sultanate, according to three people with knowledge of the matter.
06/09/2014
ADCB and Saadiyat Development and Investment Company ink luxurious residential development
Abu Dhabi Commercial Bank and Saadiyat Development and Investment Company have announced the signing of a customer financing agreement for Hidd Al Saadiyat, a luxurious residential development project on Saadiyat Island, Abu Dhabi.
06/09/2014
Ooredoo chosen ‘Best Islamic Borrower’
Ooredoo was awarded “Best Islamic Borrower” at the annual EMEA Finance Achievements Awards in London
06/08/2014
Bank Muscat launches GCC Property Income Fund
Bank Muscat GCC Property Income Fund, a fund managed by the Asset Management division of Bank Muscat has been launched to harness opportunities in the property market. The fund will invest in income yielding properties that is expected to generate a stabl
06/06/2014
World Bank chief hails Saudi's role in Middle East
World Bank Group President Jim Yong Kim, on his first visit to Saudi Arabia, has hailed the Gulf kingdom's leadership role in global and regional economic developments.
06/05/2014
Egyptian bourse rebounds, UAE and Qatar remain weak
The benchmark fell 7.5 percent in two sessions after the government first announced plans for a 10 percent capital gains tax last Thursday, and had remained muted until Wednesday.
06/05/2014
GCC real estate fund raises over $140 million
PineBridge Investments Middle East BSC, a global multi-asset class investment manager, with regional headquarters in Bahrain covering the Middle East, North Africa and Turkey, has completed the first close of the PineBridge GCC Real Estate Fund I LP, rais
06/05/2014
Investment Funds In The Dubai International Financial Centre: A Lighter Touch Coming?
There are currently a number of different options for establishing and offering investment funds from the United Arab Emirates, and all of these options are highly regulated.
06/05/2014
Maturing Middle Eastern Bitcoin Ecosystem Emerges at ArabNet Conference
A small group of startups and entrepreneurs are hoping to change this mindset with a new array of bitcoin platforms and tools that could deliver much-needed financial resources to an area where only 20% of the population has access to banking services.
06/05/2014
Egyptian Shares Rise Most in World as EFG Stake Fuels Optimism
EFG-Hermes Holding SAE added 9.9 percent after Beltone Financial Holding, Beltone Capital and New Egypt Investment Fund, owned by billionaire Naguib Sawiris, said they’re seeking to buy 20 percent of the bank.
06/05/2014
U.A.E. Urges Egypt to Trim Budget as Gulf Aid Pours In
Saudi Arabia, supported by the U.A.E., has called for a donor conference to help Egypt pull out of the worst slowdown in two decades.
06/04/2014
First Mena investor summit attracts worldwide attention
Tenmou, Bahrain’s first “Business Angels” organisation, opened the inaugural Mena Angel Investors Summit at the Ritz Carlton Hotel on June 1.
06/04/2014
Developers receive Cityscape Awards
Professionals, consultants and special guests have been recognised at the ongoing third edition of Cityscape Awards for real estate in Doha.
06/03/2014
Dubai lifted by emerging market status
DFM at near 3-week high, driven by funds from money managers
06/03/2014
Mashreq Expects Consumer Bank Profit Surge on Wealth, SMEs
Mashreqbank PSC, Dubai’s third-biggest lender, expects its consumer business profit to double this year, driven by the wealth and small companies segments as the United Arab Emirates’ economy rebounds.
06/03/2014
UAE real estate back in vogue as banks dole out cash
The emirate and its entities borrowed more than $110 billion to become a commercial and tourism hub before 2008, with developers relying on bank lending and advance sales of unbuilt properties to propel the world’s fastest-growing real-estate market