DIFC highlights Dubai's status as major asset management hub
Dubai International Financial Centre - the mature global financial hub connecting the Middle East, Africa and South Asia (MEASA) markets…
Hedge Funds & Alternative Investments
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Dubai’s Limitless to Pay Banks, Trade Creditors $564 Million
Dubai-based developer Limitless LLC will pay banks and trade creditors 2.07 billion dirhams ($564 million) after it sold part of…
Global assigned to manage USD40mn portfolio of non-core assets for a Kuwaiti bank
Global Investment House has announced that its Special Situations Asset Management team has signed a portfolio management agreement with one…
Noor Bank Rings Bell To Celebrate Listing Of Its Debut USD 500 Million Sukuk On Nasdaq Dubai
Hussain Al Qemzi, CEO, Noor Bank, rang the market-opening bell to celebrate the listing of a 500 million US dollar…
Global assigned to manage $40 million portfolio of non-core assets for a Kuwaiti bank
The portfolio consists of diversified assets that are considered non-core to the bank. Global’s role is to manage these assets,…
Arzan Wealth advises on EUR 27.2 million office acquisition in Netherlands
Arzan Wealth DIFC Limited has announced that it has advised a consortium of investors on the acquisition of a newly…
Jordan signs pact to create Asian bank for investment
Minister of Planning and International Cooperation, Imad Fakhoury, Monday signed an agreement to establish the Asian Infrastructure Investment Bank in…
Disappearing sukuk sales dominate Gulf agenda
This year is shaping up to be a disappointing one for Islamic bond sales in the six-nation Gulf Cooperation Council.…
Saudi real estate: Major price correction ruled out
While the pace of development across Saudi Arabia is likely to slow in the face of lower oil prices, the…
Israel secures cooperation deal with Latin America's largest investment bank
In a move opening new business opportunities for Israeli firms, the Ministry of Economy on Monday inked a deal stipulating…
Egyptian Takaful Non-life eyes $1.3mln-Premiums in FY2015-16
The company expects to attain premiums volume of EGP 350 million at the end of June 2015, Arfeeen told Amwal…
Bahrain's Investcorp hires Robinson as finance head
Investcorp has hired Toby Robinson as its chief financial officer effective July 1, the Bahrain-based alternative investment firm said on…