HSBC, BNP said pitching again for $5bn Abu Dhabi financing
HSBC Holdings, BNP Paribas and National Bank of Abu Dhabi are among banks seeking to advise on raising financing for…
Hedge Funds & Alternative Investments
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GCC tiles market seen growing at 10-12% annually until 2020
The GCC market for tiles was estimated at more than 450mn to 500mn sqm in 2014, out of which as…
Naseej-BBK sign housing finance deal
Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social…
Dubai finance firm boss hits back at critics
Dunia means “the world” in 14 languages, including Arabic. “It might be 15 if I go into dialects”, says…
Abu Dhabi’s Aldar Q1 Net Profit Rises 36%
Abu Dhabi’s Aldar Properties reported a 36 per cent rise in first-quarter net profit on Thursday as costs fell and…
Fund offers Lebanese investors global portfolio
Lebanese high-net-worth individuals have the option to choose between a dozen locally marketed funds. Yet only a few investment…
Markaz announces profits of KWD 1.3 for Q1 2015
Markaz total asset under management were up 10 per cent to reach to KWD 1.12 billion in the end of…
Sukuk Returns to Qatar
Qatar’s second-biggest Islamic lender may sell the nation’s first sukuk in more than 17 months, according to two people with…
GFH wins legal case amounting to $90.64 million against its ex-Chairmen
The verdict amounts to $90.64 million plus a five per cent annual interest starting from 13th March 2014 until the…
Kazakhstan builds Islamic expertise as Russia ramps up efforts
Kazakhstan is drawing on Dubai’s experience in efforts to bring more sukuk products to its stock exchange. It hopes to…
Israel Increasingly Attractive for Chinese Academics, Investors, and Tourists
East China New University and the University of Haifa this month launched a joint Israeli-Chinese research center in Shanghai—the first…
VTB Capital Said to Close Dubai Equity Trading as Sanctions Hit
VTB Capital Plc, an investment banking unit of Russia’s second-biggest bank, closed its equity trading activity in Dubai, two people…