01/29/2014
Middle Eastern Investor to acquire UK commercial real estate
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Alternative Investments
01/27/2014
Independent asset management company launches financial advisory services in Dubai
There is a growing demand for yield enhancing solutions in the Gulf Cooperation Council (GCC )and India
01/26/2014
Shuaa’s Emirates Gateway Fund named best UAE Equity Fund
Shuaa recently said its Emirates Gateway Fund has been awarded by MENA FM magazine as the best performing UAE Fund in the category best three-year performance.
01/25/2014
Dubai's real estate brokers earn AED1.8bn in 2013
The Dubai Land Department has announced that the total value of real estate brokers' commissions for 2013 totalled over AED 1.8 billion for all transactions.
01/20/2014
SAR1bn injected into 12 insurance firms' reserves
Twelve listed insurance companies have allocated SR1 billion to boost their technical reserves
01/20/2014
Luxury car maker delivers 46% MENA sales growth
The results exceed Jaguar Land Rover's global performance
01/17/2014
Dubai Group signs $10 billion debt restructuring deal
Dubai Group has signed a $10 billion debt restructuring deal
01/15/2014
Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building
Abu Dhabi Investment Authority is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore sovereign wealth fund GIC.
01/15/2014
QNB Group records QAR9.5bn net profit for 2013
The Group's prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 20.4 percent, which is considered one of the best ratios among financial institutions in the region.
01/13/2014
Dubai Debt Deal Imminent – Bankers
The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note
01/06/2014
Emaar set to launch sales at new Dubai development
Lila will feature 219 villas in five different types, ranging from three to five-bedrooms, each with private plots for gardens and outdoor decks.
01/03/2014
Qatar Holding acquires stake in Vente-Privée
Qatar Holding, the global investment fund controlled by Qatar Investment Authority, has acquired a minority stake in the French e-commerce company.
01/01/2014
ADX in Search to Award Market Making Licence
“This is a step in the right direction but it will take time to develop,” said Mohammed Yasin, the managing director of National Bank of Abu Dhabi Securities.
12/31/2013
UBL funds spread wings to UAE market
“ This approval is an encouraging step for us and a great source of pride as this is the first time that an Asset Management Company based out of Pakistan will offer a range of funds to the general public in UAE.”
12/30/2013
Russian, Chinese and Gulf state firms enter commodity trading to control pricing
Banks by and large are moving out of the trading of physical commodities
12/27/2013
Work to restart on Dubai's artificial World islands as the emirate finally begins to recover from economic meltdown
The first European island to be built will be Germany, according to developers Kleindienst Properties.
12/26/2013
KPMG signs agreement to draft Al Raffd Fund strategy, policies
“The aim of this agreement is to speed up the launch of our services and to ensure the readiness of the fund whose services will be rendered from early 2014,” he said.
12/24/2013
KSCC : Global Announces its Nine Months 2013 Financial Results
Following the implementation of the restructuring transaction, the Company has a healthy capital structure with no debt on its balance sheet
12/23/2013
Arabtec Holding launches real estate development arm
Arabtec Real Estate Development Company, will focus on developing lifestyle communities
12/23/2013
Gfh Capital acquires prime Central London residential property
Located in Kensington, the property is a Grade II listed building, overlooking the Queens Gate Gardens.