04/27/2012
In this manner, valuations play an important role in minimizing risk through informing financiers of factors that could adversely impact on the property as security, and encourage prudent lending practices
04/25/2012
Treasury officials have been working behind the scenes to reach a deal which could see a sizeable chunk of the state-backed bank hived off to sovereign wealth funds.
04/24/2012
Issuers of Islamic bonds, or sukuk, have been able to tap in to a plentiful pool of liquidity within the Middle East region.
04/24/2012
NBAD, the UAE's top bank by market capitalisation, has teamed up with Kuwaiti firm Gulf Investment Corp for the venture, which it plans to convert to a real estate investment trust (REIT) in the future.
04/24/2012
The 10 year exclusive contract with Zurich brings considerably improved commercial terms for HSBC.
04/23/2012
Investors and couples alike can buy diamonds on the retail market, but now there's a movement to create a way for individual investors to buy diamonds like gold.
04/23/2012
Adib Private Bank, a unit of Abu Dhabi Islamic Bank (Adib), recently launched a diversified US real estate investment portfolio with Investcorp, one of largest investors in the US real estate market, as the investment manager.
04/20/2012
Britain's largest family-owned international facilities services company OCS Group Ltd has launched its first business in the Middle East.
04/20/2012
"Abu Dhabi has been mulling an exit for some time now," said one of the sources.
04/17/2012
There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March
04/17/2012
“These robust financial results are reflective of the company’s singular focus on implementing its approved restructuring plan and contributing to the recovery of the Dubai real estate market. Nakheel successfully recommenced all its near term
04/16/2012
Oman, whose debt to GDP is forecast by the IMF to be the lowest in the Gulf at 3.2 percent this year, has only issued small amounts of development bonds in the past. Oman had a budget surplus of 1.08 billion rials in 2011.
04/16/2012
The signing ceremony included Khalid AL Mash'an, Chairman and managing Director of Alargan International Real Estate Company, Sadoun Ali CEO and managing Director of KIPCO Asset Management Company (KAMCO), Manaf AL Hajry CEO- Kuwait Finance Center (M
04/16/2012
It is one thing to trade cash for gold, a metal of limited use, but which has a psychological cachet as a form of wealth.
04/16/2012
Spearheaded by gas-rich Qatar, Middle Eastern states, royals and wealthy businessmen have in recent years acquired soccer clubs and top European league broadcast rights as part of a multi-layered strategy designed to boost international images, strengthen
04/13/2012
Emirates NBD AM, the asset management arm of Emirates NBD, a leading bank in the region, also announced a series of enhancements to its fund range.
04/11/2012
The building, positioned between the DIFC Gate building and Emirates Towers, has 128,000 square feet of space and was bought from an unnamed private investor.
04/11/2012
The award recognized Deutsche Bank’s support through its Middle East Foundation for Art initiatives in the United Arab Emirates and particularly in Dubai. In 2011, Deutsche Bank sponsored many art projects including an open air display of 25 balanc
04/04/2012
Abu Dhabi is contemplating merging local developers Aldar Properties and Sorouh Real Estate in a state-backed tie-up that could create a company worth some $15 billion in assets.
04/03/2012
The Dubai branch will initially focus on offering specialty risk solutions to corporate clients in the Energy, Power, Engineering, Construction and General Aviation (airports, airport-related services and business jets) industries in the Middle East, DIFC