HSBC Saudi Arabia launches Amanah Freestyle Equity Fund
HSBC Saudi Arabia has just launched its new HSBC Amanah Saudi Freestyle Equity Fund. The fund's main objective is to…
Hedge Funds & Alternative Investments
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Credit Suisse to Cut Bonuses 40% This Year
Credit Suisse Group will reduce bonuses for its employees by 40 percent this year, Der Sonntag reported, citing people familiar…
'Bargain' gold spurs buying in Dubai
Physical gold buying saw a significant upsurge last week after prices slumped in the wake of global concerns. “I was…
Kuwait snaps up former site of London stock exchange
British property group Hammerson has sold a property in London's financial district to the real estate arm of Kuwait for…
Maybank, Gulf Intl arrange $2.27 bln loan for Binladin
The investment banking arm of Malayan Banking Bhd and Bahrain's Gulf International Bank have arranged an 8.5 billion Saudi riyal($2.27…
Dubai's DIG appoints firm to manage $1.1bn portfolio
Dubai Investment Group has appointed Silverpeak Real Estate Partners to provide real estate investment management services for its $1.1bn commercial…
Sharia investing leans to West
To some observers of Islamic equity investing, Islamic or Sharia-compliant equity indexes seem to imply investing in publicly-listed companies in…
Arab Banking Corporation Joins Bahrain Financial Exchange as Trading Member
The Bahrain Financial Exchange has announced that The Arab Banking Corporation has become a Trading Member of the BFX. ABC…
Middle East investor closes deal for London hotels
Morgans Hotel Group Co, the operator and 50 percent owner of two luxury hotels in London, has completed the sale…
Global Alliance Partners Cites Significant Growth in its Third Year
Global Alliance Partners (GAP) celebrated its third year during its 7th semi-annual GAP conference held in London, United Kingdom earlier…
Solum fund plans investment sukuk
British-based, syariah-compliant investment firm Solum Asset Management will launch the first "investment sukuk" in the first quarter of next year,…
UAE-based luxury developer at London’s global property awards
UAE-based luxury developer Damac Properties will represent Arabia next month in London at the world’s most prestigious real estate competition,…