09/23/2012

Turkey may sell 24 pct of Halkbank in secondary offering

Turkey's Privatisation Administration may sell a 24 percent stake in Halkbank through a secondary public offering (SPO) within six months, retaining a controlling stake in the state-run lender, government and banking sources said.

09/16/2012

UAE's Essdar Capital in management buy-out deal

Essdar's previous shareholders included members of Abu Dhabi's ruling family, sovereign wealth funds and other institutional investors. No financial details of the transaction was provided.

09/16/2012

Qatar bank acquires two London properties

Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and Westbourne House, Westbourne Grove, the company said in a statement.

09/13/2012

Trafigura gets $400 mln loan from Mideast banks-sources

"Before, the pricing they could get from international relationship banks meant they didn't have to expand too far from them, but now they are looking at other sources," said a second source, whose bank joined the transaction.

09/13/2012

Jordan War Talk Hurts Real Estate Sector

Jordan’s once booming real estate sector is struggling under political and economic uncertainty while, citing the crisis in neighboring Syria, investors and bankers are predicting difficult times.

09/12/2012

Fifth of UAE bank assets exposed to property - cen bank

The Central Bank said that the UAE’s banking sector had learned lessons from property crashes such as in the US in the 1980s and Japan and Sweden in 1990s, which had helped it contain its own property crisis, which hit in 2008-2009.