PE firm buys 6.6 pct of Jordan Dubai Islamic Bank
Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it…
Hedge Funds & Alternative Investments
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GulfMena to launch DIFC-based fund with Solo Capital
GulfMena and Solo Capital are launching a new DIFC-based hedge fund, targeting annualised returns of over 20%, Mena FM can…
Barclays’ Azar Sees Pick-Up in Middle East Deals and Fee Income
Middle East merger and acquisition deals will probably rise in the next year as sovereign wealth funds look for ways…
Dubai Financial Market reports its performance for August 2012
The Dubai Financial Market General Index increased by 0.3% to 1547.82 points at the end of August compared to 1542.64…
Top 10 Sovereign Wealth Funds
Amid the Eurozone debt crisis and a global liquidity crunch, sovereign wealth funds (SWFs) have emerged as vital forefront…
Al Masah Capital Limited appoints two new Partners
Al Masah Capital Limited (Al Masah Capital) announced the appointment of two new Partners to its team. In all, it…
Qatar increases fashion interest with own luxury brand
The Arab state of Qatar is set to launch its own luxury brand called Qela. According to the Huffington Post,…
NSE exploring tie-up with Qatar Exchange
The National Stock Exchange (NSE) and Qatar Exchange are exploring opportunities to enhance cooperation between the two bourses and also…
Emirates NBD recognized in inaugural Visa Leader Awards
Emirates NBD announced that it had been named the 'Best Issuing Institution' in the MENA region by global payments company…
Fajr Capital acquires stake in MENA Infrastructure Fund
Fajr Capital Limited has announced its acquisition of Dubai International Capital's stake in the MENA Infrastructure Fund. Fajr Capital will…
Israel's Harel to buy Eliahu's life insurance business
Israel's Harel Insurance Investments and Financial Services has agreed to buy the life and health insurance activities of Eliahu…
Kuwait-linked bank buys $52m UK retail asset
Gatehouse Bank, the UK subsidiary of Securities House Kuwait, said on Tuesday it is the new owner of the Debenhams…