Malaysian Bank Cimb In Sales Alliance With Dubai Fund
CIMB Group Holdings, Malaysia's second-largest lender by assets, is partnering with Dubai-based private equity fund Fajr Capital to cross-sell products.…
Hedge Funds & Alternative Investments
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CIMB Group partners with Fajr Capital
CIMB Group Holdings Bhd has entered into a strategic partnership with Fajr Capital, a leading private equity investor in the…
EGA Named a Global Challenger by Boston Consulting Group
United Arab Emirates aluminium producer Emirates Global Aluminium has been declared one of the world’s top rapidly globalizing companies by…
GCC banking sector has entered 'protracted period of contraction' – BMI Research
The GCC banking sector has entered a period of contraction with asset growth set to slow to 6 percent year-on-year…
Sukuk issuances to match or beat last year’s $32bn, says Fitch
Key issuers of Islamic bonds are expected to at least match their US$32 billion sales last year as governments seek…
Saudis bid $1.3bn for Grosvenor House and Plaza hotels
A consortium of Saudi and UK family wealth funds has launched a $1.3bn bid for London’s Grosvenor House Hotel plus…
Second half of 2016 bodes well for well-diversified investments
2016 has been quite a year so far and we still have six months to go. It seems like an…
Qatar’s British expats look to Al Rayan Bank for home finance products
British expats working in the GCC, particularly in Qatar and the UAE, are increasingly turning to Al Rayan Bank to…
Phase 1 of Damac's Akoya Imagine villas sold out
Damac Properties has announced that phase one of Akoya Imagine villas has been sold out, and that the launch of…
BAB holds forum on financing mega projects
The Bahrain Association of Banks has organised a forum entitled "Mega Projects’ Financing Management", moderated by Global Head of Corporate…
Gulf markets slip as Saudi hit by poor Q2 earnings
Gulf stock markets mostly fell yesterday as soft oil prices dampened buying, while Saudi Arabia’s index fell 0.7% on disappointing…
Dubai Watchdog Shuts Down Suspected Ponzi Scheme Exential Group
Exential Group, a managed forex fund located in Dubai Media City, was ordered by UAE’s financial regulators to cease operations…