07/11/2014
UAE bourses merger shelved as terms not agreed
Unclear if deal shelved permanently or to be revived later
Alternative Investments
07/11/2014
Turkey's Alternatifbank mandates banks for $350 mln bond issue
The bank made the announcement in a statement to the Istanbul stock exchange.
07/10/2014
Oman insurance regulations credit positive, says Moody’s
The draft Takaful law of Oman’s Capital Market Authority proposing companies wishing to operate as a Takaful entity in the Sultanate to be listed on the Muscat Securities Market is a credit positive move
07/10/2014
UAE bourses merger shelved as terms not agreed
The state-backed deal, seen as one of the biggest changes in the country's financial industry in recent years.
07/09/2014
Al Madina moves to reduce debt to Boubyan Bank
Investors have become more discerning about investing in emerging markets as they witness economies recovering at different rates
07/09/2014
Middle East investors buying more Central London residential properties
The Central London residential market has become increasingly attractive to Middle East investors according to the latest Central London Residential Development Research Report published by real estate investment and advisory firm JLL.
07/09/2014
Qatar cuts holding in London Stock Exchange by a third
Gulf investor trims stake ahead of $1.6bn rights issue to fund acquisition of Russell Investments
07/09/2014
Gulf Finance House to develop mixed-use community in DUBAILAND
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its DUBAILAND district.
07/07/2014
Abu Dhabi-backed Carlyle sells London office for $514m
Carlyle Group was founded in 1987 and currently has assets totalling around $31.5bn
07/07/2014
Al Habtoor to front $1.7bn raid on London hotels – report
The Al Habtoor Group already runs four hotels in Dubai, and is building another three in a new complex
07/07/2014
AlKhair Capital successfully manages the last listings of Dar Al Arkan sukuk
Company was the Advisor for Dar Al Arkan Sukuk listings
07/07/2014
Hyde Park Barracks inspected by Abu Dhabi wealth fund
Middle Eastern investors show interest in the home of the Household Cavalry
07/07/2014
Warba Bank successfully arranged a USD155m syndicated facility for a leading Oil Services Company
The Obligor is a world-class oilfield services company serving the entire Middle East North Africa (MENA) region and enjoys a dominant market position with a stable customer base.
07/06/2014
CBD arranges Dh200m for acquisition of Movenpick Hotel – Jumeirah Beach
The deal was originated by CBD’s corporate banking team with strong coordination from the Bank Muscat Asset Management team
07/06/2014
Middle East infrastructure sector needs increasing private finance
Four in five respondents expect some form of private finance to be involved in next year’s projects
07/04/2014
Gulf banks start to muscle in on global bond deals
This is partly because the Gulf banks have grown, allowing them to build up their technical expertise in bonds and making them keen to expand beyond their crowded home markets.
07/03/2014
BNP to Standard Chartered Toppled as Arab Deals Go Local
While pressure from regulators has forced international banks to sell assets and boost capital reserves, local lenders in the oil-rich region, flush with cash, have driven borrowing rates to the lowest in more than seven years and hired loan arrangers.
07/03/2014
MIDEAST DEBT-Gulf banks start to muscle in on global bond deals
After decades during which banks from the wealthy Gulf Arab countries rarely ventured outside their region, they are starting to play major roles in arranging bond deals overseas
07/01/2014
Kuwait finance firm suggests trading oil in bitcoins
There has been an Internet debate about one year ago on what would happen if the Opec would adopt bitcoin as transaction currency
07/01/2014
PBME-KHC sign Africa deal
The joint venture between KHC and PBME will invest in African companies, in response to rising investor demand for exposure to the continent's fast growing economies.