UAE firms continued to reduce employment numbers in May – survey
UAE firms continued to reduce employment numbers in May, although the latest fall was the softest since February, IHS Markit…
Hedge Funds & Alternative Investments
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Dubai property prices are just 10.4% away from 2009 levels
Property prices in Dubai are down almost 30 percent from the market peak in September 2014 and are just 10.4…
MSCI appoints Head of EMEA Client Coverage
MSCI has appointed Axel Kilian as Head of Client Coverage - Europe, Middle East and Africa (EMEA), effective 1 June,…
First Abu Dhabi Bank sells $500mln in Formosa bonds
First Abu Dhabi Bank, the United Arab Emirates' largest lender, last month sold $500 million in privately placed 30-year Formosa…
GP Global expands international bunkering business with a raft of new appointments
GP Global has announced the appointment of four experienced industry professionals in key offices across the United Arab Emirates (UAE)…
Sharjah sells $1bln 7-year dollar sukuk
Sharjah, the third-largest emirate of the United Arab Emirates, sold $1 billion in seven-year sukuk, or Islamic bonds, on Tuesday,…
First Abu Dhabi Bank sells $500 mln in Formosa bonds
First Abu Dhabi Bank, the United Arab Emirates’ largest lender, last month sold $500 million in privately placed 30-year Formosa…
Life insurance top priority for UAE residents after Covid-19
Life insurance is the top financial priority for almost 50 per cent of people living in the UAE in the…
Lebanon’s economic rescue plan only buys ‘a few more years before we run into the next crisis’
“Whatever financial technical solutions you put in place, the underlying problem is a political dysfunction here… what we have now…
Bank of Sharjah PJSC announces the successful issuance of AED 2 billion in Sukuk Trust Certificates for the Government of Sharjah.
Bank of Sharjah Sole Lead Manager and Arranger Bank of Sharjah is pleased to…
Investcorp closes €318m fund to invest in European senior secured loans
Bahrain-based alternative investment manager Investcorp closed a new fund with €318 million (Dh1.3 billion) in commitments as it looks to…
Emirate of Sharjah hires banks for sukuk that could go up to $1 billion
Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of seven-year U.S. dollar…