06/15/2012
Initial indications are that the expected $1.25bn, seven to 10-year tenor bond would receive strong demand in Bahrain and Saudi Arabia as banks seek to put rising liquidity to work, though broader interest may lag behind, market participants say.
06/14/2012
Tokyo is the world's most expensive city for expatriates according to the latest ranking by Mercer.
06/14/2012
ulf Capital received the honour at the annual event of the prestigious Banker Middle East Industry Awards 2012 ceremony, held on June 12th in Dubai. The awards extravaganza witnessed an attendance of eminent industry experts and dignitaries from the GCC,
06/13/2012
Al Qamzi reiterated that the UAE was the first country in the region to adopt a long-term national initiative to build a green economy.
06/13/2012
PE firms are taking advantage of the shortage of capital, resulting from the global crisis, to buy well-priced assets.
06/13/2012
Moreover, the rate of inflation in the region is considerably lower than that of New York, which has resulted in more moderate price increases on Middle Eastern goods and services selected for our study.
06/12/2012
A subsidiary of the Bahrainib bank Gulf Finance House, G Capital said the $50 million fund was the first Sharia’a-compliant venture capital fund established in the region.
06/11/2012
With the value of GIC's assets reaching KD283.9m ($1.01bn) at the beginning of 2012, there has been an increase of KD17.1m or 6% from the end of 2011.
06/11/2012
According to Bursa Malaysia website, Kenanga Investment Bank is currently ranked the seventh-largest equities brokerage by trading value, having managed trades worth about RM20bil year to date, or a 5.6% market share.
06/11/2012
Total values reached $3.2 billion, and increase of 49 percent compared to the same period last year and the number of deals was 2,657, up 69 percent compared to the first quarter of 2011.
06/11/2012
Al Salam Bank BSC (SALAM) acquired about 90 percent of Bahrain Saudi in 2009. The banks completed the legal requirements for the merger on April 25, according to the statement.
06/06/2012
China is the one of the most active markets in foreign exchange realm and it is apt for the leading player in the business to start its retail operations here. With this move, the world’s most populous country became the latest and a major link in t
06/01/2012
The Dubai government will partly guarantee the $1 billion loan which DIFC Investments will use to repay its $1.25 billion Islamic bond maturing in June, two sources said on Thursday.
06/01/2012
Making the announcement, the company cited Bahrain's availability of qualified and motivated workforce as one of the reasons behind its decision.
05/30/2012
The agreement aims to promote and facilitate trade, investment and other opportunities between Dubai and Australia, said a DIFC statement.
05/30/2012
The award ceremony was held in Abu Dhabi, alongside the Arab Investment Summit, which brought together leaders and experts from across the region and the world to meet and discuss investment opportunities in the Arab region.
05/29/2012
A customer willing to invest US$1 million (Dh3.6m) will be able to call on the discretionary portfolio manager as HSBC tries to increase its quality of service and improve its retail brand image in the Gulf.
05/29/2012
The company said in February that it sought at least GBP£21m.
05/21/2012
Holders of the Islamic bonds agreed to extend the maturity to June 2018, with a two-year grace period for the principal repayment amount in 2012 and 2013, the lender said in an e- mailed statement.
05/21/2012
The Fund will have an initial equity size of Dhs80m with matching commitments from KFED and NBAD. The size of the Fund is expected to reach Dhs500m.