Dubai budget: emirate to boost infrastructure spending for Expo 2020
Dubai plans to increase infrastructure spending next year as the emirate unveils a Dh47.3 billion budget to create thousands of…
Hedge Funds & Alternative Investments
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Accor snaps up $200m portfolio from Abu Dhabi Investment Authority
French hotel giant Accor has snapped up a $200 million portfolio of 15 Ibis Hotels from the Abu Dhabi Investment…
Emaar Properties most active as Dubai market rallies
The Dubai index edged higher on Wednesday, amid dull volumes, remaining above the keenly watched 3,500 support level, and Emaar…
Qatari bank boss insists Britain will remain 'logical partner' reardless of Brexit deal
Dr Raghavan Seetharaman, of Doha Bank, insisted the vote to leave the European Union did not effect its standing as…
Ahli Capital Investment Company completes Issue of NIG’s Bonds ACapital Investment Company completes Issue of NIG’s Bonds
Ahli Capital Investment Company, a fully owned subsidiary of Al Ahli Bank of Kuwait, hereby announces the successful completion of…
Deal-making to drive 2017 Middle Eastern banking fee fest
A Middle Eastern investment banking fee bonanza should extend into 2017, spurred by a combination of bond and share sales…
Kuwait's Warba Bank hires banks to arrange up to $250m sukuk
Kuwait's Warba Bank has mandated nine banks to arrange an Islamic bond, or sukuk, of up to $250 million that…
Arabian Centres CEO elected to MECSC Board
Khalid Suleiman Al Jasser, CEO of Arabian Centres, the leading developer, owner and operator of international standard shopping malls in…
Franklin Templeton Sees 2017 Bright Spot in Mideast Stocks: Q&A
Equity markets in the Middle East, especially oil-producing Arab Gulf nations with dollar pegs, should perform better than other developing…
Wermuth Asset Management warns of investments needed to mitigate climate change effects
· 1.5% of the world's gross national product must be invested every year in order to mitigate the effects of…
Turkey eyes $70B trade with Middle East in 2017
Turkey is seeking to increase the trade volume with Arab countries to reach $70 billion in 2017. The head…
Qatar's UDC, Commercial Bank ink $200mn deal to finance 'Al-Mutahidah Towers'
United Development Company (UDC) and Commercial Bank have signed an agreement worth QR730mn to fund the construction of ‘Al-Mutahidah Towers,’…