Emirates' Dh3.35bn sukuk oversubscribed 3.6 times
Emirates airline today announced that its 10-year $913 million (Dh3.35 billion) sukuk was subscribed 3.6 times, attracting $3.2 billion (Dh11.74…
Hedge Funds & Alternative Investments
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UAE moving towards allowing 100% foreign ownership of businesses outside free zones
Plans for a law to allow full foreign ownership of companies outside free zones in strategic sectors are at an…
Bank Leumi Launches U.S. Tech Unit for Israeli Companies
Bank Leumi has created a new unit to serve Israeli technology companies that conduct business in the United States. …
Dubai sees AED28.6 billion foreign direct investment during 2014
Infrastructure development initiatives and the services industries remained the major drivers of capital into Dubai in 2014 as the emirate…
Dalma Capital Wins Multiple Prestigious Awards
Dalma Capital Management Limited has been honoured with three awards by Wealth & Finance International's ALTERNATIVE INVESTMENT AWARDS 2015 for…
Gatehouse Bank and Threadneedle Investments to explore strategic investment opportunities
At a media briefing held in Kuwait City, Gatehouse Bank and Threadneedle Investments hosted members of the GCC media. …
Barwa set to launch major expansion projects this year
Barwa Real Estate Company expects to start construction work on its Barwa Village expansion and the Alaateda, Madinat Al Mowatir,…
‘UniCredit bonds not an exit from bank investment’: Aabar
Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit…
UAE-backed Wessal Capital begins work on portion of €530m Casablanca revamp
A UAE-backed investment fund has started work on a €530 million (Dh2.13 billion) project to revamp the Moroccan city of…
Northern Trust appoints hedge funds EMEA head
Northern Trust has appointed David Burnett as head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa…
Egypt's Arab Investment Bank and IDB unit launch leasing firm
Egypt's Arab Investment Bank and the private sector arm of the Islamic Development Bank will launch an Islamic leasing firm…
Prime property market in Dubai sees sales fall
Dubai luxury home prices remain relatively resilient despite a drop-off in sales activity, according to the latest analysis of the…