06/29/2013
Saudi Fransi to offer BlackRock products
Cooperation with BlackRock will yield new opportunities to SFC clients through the diversity of investment solutions and strategies offered
Alternative Investments
06/29/2013
Noor Islamic Bank executes $1.4b mandates in Turkey
Noor Islamic Bank has completed Islamic capital market mandates valued at over $1.4 billion (Dh5.14 billion) in the past six months in Turkey
06/28/2013
Dubai Scrambles to Fly Gold Bullion from West to East
There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold in the emirate since the price plunged to record lows this week.
06/26/2013
Dubai's Damac Properties woos Indian investors
"Indians are among the biggest investors in Dubai property markets.
06/24/2013
Qatar and France launch $200m investment fund
Business ties between cash strapped France and gas rich Qatar have deepened in the past five years
06/23/2013
Dubai Group sells credit card firm to First Gulf Bank
The sale is a strategic decision for Dubai Group and is part of our stated plan to sell down assets
06/23/2013
Citigroup Venturing Into Iraq Gets Approval for Baghdad Office
Iraq is an important market, with an economy that has substantial potential over time
06/23/2013
Kipco units buy stake Malta’s bank
:Kuwait Projects Co, or Kipco, said that two of its units have together bought a 38 per cent stake in Malta’s FIMBank
06/19/2013
Bahrain bank gets extra time on Leeds Utd takeover
GFH Capital has been granted an extension to the exclusivity period relating to their proposed takeover over of Leeds United
06/18/2013
Saudi billionaire prince eyes world cities for mile-high tower
Saudi billionaire Prince Alwaleed bin Talal says he is looking at global cities, including New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.
06/16/2013
Bahrain bank inks deal for luxury Mayfair apartments
Close to Berkeley Square and Grosvenor Square, Mayfair Chambers is situated in the Mayfair Conservation Area, bounded to the west and south by Hyde Park, St James' Park and Green Park.
06/16/2013
UAE revives deal to merge its two main stock exchanges
Talks on a potential merger between the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) have occurred on and off since at least 2010.
06/15/2013
MENA May Funds Inflows Pouring at Record Levels
With May 2013 experiencing inflows of USD 655 million, the Middle East North Africa (MENA) region registered the highest inflows over the past five years (data available from 2009).
06/12/2013
Developed market status next goal for UAE: Abu Dhabi bourse chief
The head of the Abu Dhabi Securities Exchange said he was thrilled by the UAE's upgrade to emerging markets status
06/12/2013
Doha Bank launches open-ended fund
The initial offer period for the fund is open till July 11.
06/11/2013
Citibank next to withdraw from UAE's Eibor rate panel
Citibank has withdrawn from the panel that sets the UAE's interbank rates Read more: http://www.thenational.ae/business/industry-insights/economics/citibank-next-to-withdraw-from-uaes-eibor-rate-panel-after-barclays#ixzz2VsRySc7u Follow us: @TheNat
06/11/2013
Dubai World makes first major asset sale since crisis
Economic Zones World sells warehouse developer Gazeley
06/11/2013
Signs of M&A revival in Middle East as activity picks up
Bankers and industry experts say they are encouraged by an increased level of intra-regional business, as corporations seek to expand beyond their borders and governments back consolidation in some sectors. Middle East M&A rebounded to $20 billion in
06/10/2013
Dubai Group’s assets flag pain for creditors
Investment firm Dubai Group’s assets are worth just a fifth of its $10bn of debt,
06/10/2013
MidEast investors boost Euro football revenues
Middle East investment in European football clubs has surpassed $1.5bn and has been the key driving force behind the sport’s significant revenue growth during the continent’s economic downturn, according to a report by Deloitte.