Bahrain's Mumtalakat set to raise $600 mln in sukuk
Bahrain’s sovereign wealth fund Mumtalakat is set to raise $600 million in sukuk, or Islamic bonds, with a 5.625 percent…
Hedge Funds & Alternative Investments
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Bahrain ranks 6th for ownership of bank notes by nationality
Jordan Security Depository Center (Edaa) ranks the Kingdom of Bahrain 6th for ownership of banknotes by nationality in January 2019.…
Emirates NBD approval for debt, equity funding renewed
Emirates NBD’s general assembly meeting on Wednesday reviewed the banking group’s financial results and approved the directors’ report. The…
Traders bullish as DFM index breaches critical level
Traders were left brimming with confidence after the Dubai Financial Market (DFM) general index breached the critical 2,570 level on…
Abraaj close to selling major assets
The Abraaj Group, once the largest private equity firm in the Middle East, is close to reaching a key milestone…
Bahrain's Investcorp launches India office
The office will have $450m assets under management and a team of 21 investment professionals, the company said in a…
Billionaire Mai Vu Minh brings billion-dollar projects to Vietnam, his fatherland
Billionaire Mai Vu Minh and SAPA Thale group’s leaders recently visited Dubai to explore joint venture possibility with Dubai FDI…
Bahrain's $10bn fiscal stability package has boosted confidence, says central bank governor
The $10bn (Dh36.7bn) financial support package extended to Bahrain by Gulf countries, has shored up investor confidence and is helping…
Clamping down on new property supply in Dubai is not a solution
Regulation is a thankless job. The purpose of regulators is to determine a “priori” - what the optimal price level…
UAE start-up makes insurance available to low-income groups
An insurance start-up in the UAE is working to disrupt the sector by digitising the insurance value chain to reach…
Balaji Vaidyanathan is Franklin Templeton’s Marketing Director for Central Eastern Europe, Middle East and Africa
Franklin Resources, Inc., operating as Franklin Templeton, has announced the appointment of Balaji Vaidyanathan as Marketing Director, Central Eastern Europe,…
Nasdaq Dubai, Menacorp announce collaboration to raise capital markets investor awareness
Nasdaq Dubai and Menacorp will collaborate to raise investor awareness across the Middle East and North Africa, MENA, of the…