Jho Low eyed Taib Mahmud's cashpile, offered to bring in rich strategic investors from Mid East
The disappointment that came with not being able to swing RHB Bank Bhd to Kuwait Finance House in 2006 did…
Hedge Funds & Alternative Investments
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Banque Du Caire mulls resident offices in UAE, Saudi Arabia
Egypt's third biggest state-owned bank, Banque Du Caire studies the inception of two resident representative offices in UAE and Saudi…
Dubai hedge fund firm adds top UAE tycoon to board
Dalma Capital Management Limited, a Dubai-based hedge fund manager, has announced that high profile business tycoon Mishal Kanoo has been…
UAE banks’ credit growth forecast at 7.8% in 2015
The UAE’s economy is forecasted to witness credit expansion at around 7.8 per cent in 2015, said a leading economist.…
Dubai's luxury house price growth flatlines in 2014
The value of luxury residential property in major Gulf cities grew at the slowest rate in Dubai in 2014, a…
UAE may invest in Pak’s gold, copper projects: Durrani
The UAE has shown interest to invest in Balochistan’s Reko Diq exploration project, one of the world’s largest gold and…
DIFC bags the Ijarah deal of the year award at IFN Awards
DIFC Investments, the developer and operator of the Dubai International Financial Centre, is proud to accept the Ijarah Deal of…
Dubai and South Korean sovereign wealth funds in landmark cooperation deal
Investment Corporation of Dubai (ICD), the government investment group, has struck a landmark deal with the sovereign wealth fund of…
Sedco Capital plans to start feeder fund
Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and…
ICD and Afreximbank agree to cooperate in private sector development
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank…
Cedrus expands to retail banking
Cedrus Bank announced Tuesday that it will raise its equity to $60 million after Cedrus Invest Bank completed the acquisition…
Groundbreaking discussion at the closure of the Global Islamic Investment Gateway
The Global Islamic Investment Gateway (GIIG) forum, held in the Kingdom of Bahrain, concluded today after 2 days of hosting…