ACWA Power increases credit facility to $159.9m
Saudi Arabia-based water and project developer ACWA Power said Sunday it has increased its 2015 revolving credit facility by 600…
Hedge Funds & Alternative Investments
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Investors’ choice widens with Nasdaq Dubai’s futures contract
Investors trading on Dubai stocks like Emaar Properties and Dubai Islamic Bank will have one more instrument to safeguard themselves…
Saudi Arabia is ‘1st foreign venue’ for Made in Qatar
Saudi Arabia has been chosen the first foreign venue for the ‘Made in Qatar’ exhibition due to its “very close…
Nakheel Repays $1.2 Billion Bond, Ending Dubai Debt Saga
Nakheel PJSC, the developer of Dubai’s palm-shaped islands, has repaid an Islamic bond, bringing an end to a debt restructuring…
Opportunities for insurance distribution innovation in Gulf increasing, says expert
FOCUS: Opportunities for innovative models of insurance distribution in the Gulf region have been quite limited to date - but…
Waha Capital refinances $500m loan with 12 banks
Waha Capital has completed the refinancing of its credit facilities with 12 local, regional and international banks. The new and…
Abu Dhabi's NBAD to launch MidEast's first green bond -sources
National Bank of Abu Dhabi plans to start an investor roadshow next week to issue a benchmark-sized green bond, the…
Deloitte Middle East Point of View: Virtual Reality boom rising in MENA
The Virtual Reality market in the Middle East and North Africa region is expected to grow at a rapid rate…
Dubai Financial Market Secures New Margin Trading Member
On Thursday, Dubai Financial Market, the Gulf’s only listed stock exchange, reported that it has on-boarded a new margin trading…
Oil slips on the expectation of record Saudi output
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as…
Qatar First Bank development in London
Qatar First Bank and Alchemi Group have brought style and glamour back to the heart of London in their Leinster…
JPMorgan adds sukuk to emerging markets indices
US investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from…