05/26/2013
Geojit BNP’s Bahrain partnership co to launch operations in Kuwait
A joint venture between Bank of Bahrain and Kuwait (BBK) and Geojit BNP Paribas will soon launch its operations in Kuwait.
Alternative Investments
05/25/2013
$465 million convertible bonds issued by National Bank of Abu Dhabi
NBAD says size of bond offering may be increased by up to $35m
05/25/2013
NBO among top 50 Mena Fund Managers’ list
My selection to the Power 50 List is mainly recognition of the success achieved by the bank’s Investment Banking Divisio
05/23/2013
Qatar Fund May Invest In RMZ Corp
Last month, Qatar Investment Authority, the Gulf state's sovereign wealth fund announced that it is looking to invest up to $10 bn in India every year.
05/22/2013
Gulf pension funds ramp up assets amid Arab Spring
More than 2.3m Saudis are anticipated to enter the workforce in the next five years, increasing contributions to pension funds.
05/22/2013
Emirates NBD Properties signs agreement with Emirates REIT
Emirates NBD Properties have selected signature buildings and units across Dubai
05/22/2013
National Bank of Abu Dhabi plans $350 mln convertible bond
The bonds will be issued at par and are expected to carry a coupon of between 1 - 1.5 percent
05/21/2013
HSBC Middle East inks deal with Zurich
HSBC Middle East has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and commercial General Insurance products in the United Arab Emirates
05/19/2013
Qatari giants to launch overseas energy fund
Three Qatari state-backed entities, including the Gulf Arab nation's acquisitive sovereign wealth fund, are to establish a new overseas fund which will look to invest in energy infrastructure, a statement said on Monday.
05/19/2013
Middle East and Africa join luxury brands markets
We are observing new consumers from Arabic and African countries
05/16/2013
Coutts Investor Insights: Gold tumble tests strength of the floor
A number of factors have led to its recent sell-off.
05/15/2013
Dubai bank ENBD plans bond sale to boost capital
Gulf banks take advantage of tight pricing and high investor demand to shore up capital ratios
05/14/2013
Oman central bank renews call for supporting SMEs
CBO directed licensed local and foreign banks in the Sultanate to increase the credit facilities for the SMEs.
05/12/2013
Barwa Bank’s The First Investor GCC Equity Opportunities Fund (Q) AUM reach QAR 100 million
The fund was recently awarded “Best Islamic Investment Fund” by The Banker Middle East in April 2013.
05/12/2013
Waha Capital profit surges
Q1 net profit rises to Dh85.3m on the back of AerCap Holdings and Dunia Finance
05/12/2013
Brookfield fund to invest in Dubai’s property sector by year-end
“The fund, once formed, will pursue opportunities in the Dubai real estate sector with a particular focus on development opportunities.”
05/08/2013
Dubai Investment profit doubles
Consolidated total income for the period was also higher at Dh649 million as against Dh566 million for the comparable period last year
05/08/2013
Dubai Group's $10bn debt plan revealed
We are now nearing the end and are confident that all parties will work with us
05/06/2013
Suitcase bankers erode Mideast fees
Fees in the region are plummeting because of increased competition from international and local lenders.
05/05/2013
Commercial Bank of Dubai picks banks for potential dollar bond
The Commercial Bank has picked three banks to arrange investor meetings ahead of a possible benchmark-sized dollar-denominated bond