UAE company backs new Soviet-influenced luxury vehicle
A new state-owned Russian carmaker, Aurus, has launched a Soviet-influenced luxury vehicle, with backing from a UAE investor, according to…
Hedge Funds & Alternative Investments
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Middle East sukuk thaws as bank pair hit the road
“It would be wrong to say that there’s a constructive environment throughout emerging markets, but Gulf credits, particularly high grade…
Turkey Puts Pimco and BlackRock on Wounded EM Bond-Fund List
Turkey’s financial meltdown left few emerging-market money managers unscathed in August, and investors won’t be buying any time soon, Vanguard…
ABANA to Honor David Rubenstein for his Contributions to the MENA Region
ABANA has announced that David M. Rubenstein, Co-Founder and Co-Executive Chairman of The Carlyle Group will be the recipient of…
Asset Managers Must Be Nimble In The Middle East
After Asia-Pacific, the Middle East will see the most rapid fleet growth over the next two decades, according to the…
A summer of mixed messages for the UAE property industry
It's been a summer of mixed messages for UAE real estate market observers. News dropped at the start of…
UAE indices bide time as fresh leads eyed
UAE indices trod water on Tuesday as traders awaited fresh leads amid a lack of interest that reflected in lower…
Bahrain to launch international bid for metro project
Bahrain plans to issue an international tender for its first metro project in the fourth quarter of 2019, seeking private…
Saudi king tipped the scale against Aramco IPO plans
The king spoke, and a $2 trillion dream went up in smoke. For the past two years, Saudi Arabia…
Sarwa Capital reveals IPO plans on Egyptian Exchange
Sarwa Capital, the leading provider of consumer and structured finance solutions in Egypt, targets launching an initial public offering on…
Dubai’s Abraaj said to owe fund investors at least $300m
Troubled Dubai-based private equity firm Abraaj is said to owe investors in one of its funds at least $300m, according…
Scots pension fund sells shares in controversial Israeli bank
A council pension fund has sold its shares in an Israeli bank at the centre of a global divestment campaign.…