UAE Foreign Minister Visits New Zealand, Talks FTA, Signs Agreements
New Zealand and United Arab Emirates or UAE signed a slew of agreements when its foreign minister Shaikh Abdullah Bin…
Hedge Funds & Alternative Investments
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UAE bank bonds dominate Gulf as corporate sales stand at zero
For the first time since 2009, the number of Gulf corporate bond sales at this stage of the year is…
Abu Dhabi fund pays Marriott $230m for Miami hotel
A company owned by the Abu Dhabi Investment Authority (ADIA) has purchased The Miami Beach Edition hotel from Marriott International…
Emirates hires banks for UK-guaranteed sukuk of up to $1 bln
Emirates , the Dubai-based airline, has hired banks to help it arrange a sukuk or Islamic bond of up to…
Aramco seeks Dh36.7bn bank loan
State oil giant Saudi Aramco is talking to banks about taking a $10 billion (Dh36.7 billion) loan for general business…
Abu Dhabi Commercial Bank to meet investors from Monday for potential USD bond
bu Dhabi Commercial Bank (ADCB) is planning to meet fixed income investors from Monday for a potential benchmark U.S. dollar…
Dubai’s Arqaam Capital Sounds Out Advisers Ahead Of Flotation
Dubai-based financial services firm Arqaam Capital has invited banks to pitch for roles in arranging its flotation on the emirate’s…
Emirates hires banks for U.K.-guaranteed sukuk of up to $1 bln
Emirates, the Dubai-based airline, has hired banks to help it arrange a sukuk of up to $1 billion, according to…
Free trade agreement between UAE and Switzerland this year
Free Trade Agreement between Switzerland and the UAE will be implemented from July this year, a visiting dignitary from Switzerland…
IMF sees gaps limiting growth of Islamic banking
Islamic banks have yet to devise strategies for attracting large swathes of the global Muslim population, limiting the industry’s prospects,…
Kuwait's Investment Dar confident about debt-for-assets deal
Kuwait's Investment Dar remains on track to agree the bulk of a 813 million dinar ($2.8 billion) debt restructuring plan…
Standard Chartered signs deal with Marhaba
Standard Chartered Bank has announced a partnership with Marhaba Bahrain after signing a deal that offers all Standard Chartered Platinum…