04/01/2013
Qatar set to acquire London hotel on Park Lane
Qatar Holding is set to take control of French department store Printemps
Alternative Investments
03/27/2013
BNP Paribas REIM looks to Asia, Mid East investors
Says worldwide Investment Management Head David Aubin.
03/17/2013
Bank Nizwa gets relaxation in overseas investment ceiling
The CBO took such a favourable decision after taking into account a request from Bank Nizwa
03/13/2013
Dubai property prices show second-highest growth in world
Emirate rebounds on back of resurgence in demand
02/27/2013
ADCB re- opens T2 market for local issuers
The first ever 10 year bullet subordinated debt Tier II transaction in the history of UAE banks.
02/26/2013
Abu Dhabi bourse to list big private firms to lure investors
The new firms will be listed as Tier-2 stock without the need for initial public offerings (IPO), Baloushi said but did not give further details. Discussions were underway with the market regulator and he expected an approval to be given.
02/18/2013
Banking and property recovery helps Dubai bourse to get back into black
The Dubai Financial Market General Index rose 20 per cent last year, compared with a 16 per cent drop the year before after the Arab Spring uprisings
02/18/2013
Aviva mandates Barclays to sell Turkish unit
Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.
02/17/2013
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.
02/17/2013
Deutsche Bank Receives Two Best Fund Administrator Awards
The awards recognize Deutsche Securities and Services excellence in providing first class innovative solutions to clients to support their needs and achieve their growth targets.
02/12/2013
Sumitomo Mitsui Forms Alliance With Garanti Bank in Turkey
The three Tokyo-based megabanks are seeking to boost lending abroad
02/10/2013
Dubai sovereign wealth fund in $2 billion refinancing talks
The loan is the second tranche of a $6 billion facility that the ICD raised in September 2008
02/03/2013
Dubai Group Lenders Said to Decline RBS, Standard Bank Offer
None of the lenders decided to take the offer before the deadline expired last month, the bankers said, asking not to be identified as talks aren’t public.
02/03/2013
Abu Dhabi's Waha Capital annual profit rises 38 pct
Q4 net profit 183.5 million dirhams versus 92.95 million dirhams q4/11
12/27/2012
Burgan Bank issues record 100m Kuwaiti dinar bond
The bond issue was "nearly four times oversubscribed", Salah Al Fulaij, the chief executive of NBK Capital, said.
12/09/2012
Fixer aims to revitalise the loss-making Dubai bank Shuaa
"The worst is behind us, but there are still big challenges ahead. It all depends on the outcome,"
12/04/2012
UAE bank selects Northern Trust to administer ETF
"We can offer a variety of ETF administration solutions to support our client's unique requirements for transparency and reporting, and are delighted to continue to work with National Bank of Abu Dhabi supporting the enhancements to this landmar
12/03/2012
MidEast investors eye Dubai property
Dubai’s property sector is the most popular asset class for Middle Eastern investors buoyed by its improved economic outlook, stable political situation and recovering rental and values, a report said.
11/18/2012
Saudi Prince Walid bin Talal buys luxury Canada hotel
“This transaction is in line with our investment strategy to develop hotels in selected key cities,” Prince Walid said in a company statement announcing the deal.
10/28/2012
Middle East private equity firms to sell assets
Private equity firms in the Middle East are preparing to exit a range of investments