ADCB Al Nokhitha Fund awarded "Best Fund over 3 years, Equity, United Arab Emirates"
Abu Dhabi Commercial Bank Al Nokhitha Fund has recently received an award for the "Best Fund over 3 years, Equity,…
Hedge Funds & Alternative Investments
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Former Ipic managing director exits chairman’s post at Austria’s Borealis
Khadem Al Qubaisi’s exit from his executive management positions is nearly complete. Yesterday the Austrian plastics maker Borealis said he…
National Bank of Oman picks arrangers for capital-boosting bond -sources
National Bank of Oman has mandated four banks for a potential capital-boosting bond issue that it plans to print after…
New UAE state bank to push housing, job creation policies
The United Arab Emirates launched a state-owned bank on Wednesday to finance housing and other projects for UAE citizens, in…
HSBC gets license to buy Saudi stocks directly
HSBC Holdings has received a qualified foreign investor license in Saudi Arabia and traded shares on the bourse on Monday,…
HDFC makes affordable housing play; launches $1-billion global fund
Some of the bulge-bracket global investors are betting on India's affordable housing story with the country's leading mortgage lender HDFC…
NBAD launches $750 million Additional Tier 1 Perpetual Bond
NBAD initially held a set of investor meetings in Singapore, Hong Kong, London, Frankfurt, Zurich and Geneva, and following strong…
BankDhofar Celebrates the Opening of New Salalah Airport
Reaffirming its position as a strategic partner and key contributor to the major development projects in the Sultanate, BankDhofar has…
QIB participates with $50m in syndicated facility to SMG
Qatar Islamic Bank, participated in a Shariah Compliant Syndicated Finance Facility for Stanford Asia Holding Company, a subsidiary of Stanford…
Jordan's first sovereign issue of sukuk coming up soon
Jordan will soon launch its first sovereign issue of Islamic bonds, sukuk, to finance real estate projects, Finance Minister Umayya…
Bahrain wants more Indian banks to play role of ‘investment houses’
Eyeing higher Indian investment in the financial services sector, Bahrain expects more Indian banks to start operations in the Kingdom,…
Emirates Development Bank launches in Abu Dhabi
The Emirates Development Bank officially launched its operations in the UAE on Tuesday. The ceremony marking the launch was held…