ACIC ‘Lead Manager’ for NIG KD25 million Bond Issuance
Ahli Capital Investment Co KSCC has announced it is to be lead manager and subscription agent for National Industries Group’s…
Hedge Funds & Alternative Investments
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National Bank of Abu Dhabi becomes market maker for Nasdaq Dubai equity futures
• Addition of prominent UAE bank will support further rapid growth of market • 160,552 contracts have traded…
Global reports KWD8.9 million fee revenues, KWD1.6 million net profit for 9M 2016
Global announced its financial results for the nine months ended 30 September 2016 reporting fee revenues of KWD8.9 million and…
Saudi Oger said near $1.1b deal to sell Arab Bank stake
Saudi Oger Ltd reached a preliminary agreement to sell its 20 per cent stake in Jordan’s Arab Bank Plc to…
Saudi Trade Finance Summit opens in Jeddah
Under the theme “Shaping the Kingdom’s Economy: A bright future unfolds, the 4th annual Saudi Trade Finance Summit is bringing…
Dubai's Shuaa says gets regulatory approval for ADFG to buy stake
Dubai's Shuaa Capital said on Tuesday it has received regulatory approvals allowing Abu Dhabi Financial Group to buy a 48.36…
Saudi central bank OK with foreign reserves level
Saudi Arabia has a “very comfortable” level of foreign reserves, the central bank chairman said Monday, in spite of a…
World’s Largest Lender ICBC Joins Dubai DGCX as a Settlement Bank
The UAE’s commodities and currency derivatives bourse, Dubai Gold and Commodities Exchange, said on Wednesday that Industrial and Commercial Bank…
Abu Dhabi Said to Mull More Bank Mergers After NBAD-FGB Deal
Abu Dhabi is considering more mergers to boost its financial services industry after combining National Bank of Abu Dhabi PJSC…
CMA collaborates with WB in holding sukuk conference
The Sukuk Conference, titled “Sukuk Market – Challenges and Opportunities” organized by the Saudi Capital Market Authority in collaboration with…
Bahrain's Investcorp eyes $100 billion assets target
Investcorp expects to reach its target of $25 billion for assets under management next year, by which time it will…
Brooks Macdonald signs deal with Dubai-based Abacus
Strategic alliances have been a significant part of Brooks Macdonald’s growth strategy, but this is the firm’s first strategic alliance…