Dubai’s Damac jumps on first trading day on DFM
Damac Real Estate soared to its maximum price cap this morning on the developer’s debut on the Dubai Financial Market…
Hedge Funds & Alternative Investments
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Alexbank Launches Bank assurance Program with MetLife Alico
ALEXBANK (a member of the Intesa Sanpaolo Group) and Pharaonic American Life Insurance Company - MetLife Alico , one of…
NBAD Appoints Head of Debt Origination & Distribution in South East Asia
The National Bank of Abu Dhabi (NBAD) has appointed Wynce Low as Executive Director, Head of Debt Origination & Distribution…
Dubai Seen Driving Year of Islamic Perpetual Bond Sales
Dubai Islamic Bank PJSC may kickstart a year of perpetual sukuk sales in the Gulf Cooperation Council as lenders seek…
Noor Bank rolls-out brand campaign in January 2015
Noor Bank launched a new month-long television commercial, starting 1 January 2015, as part of a major brand building initiative…
India’s Sage Capital targets $1b fund in GCC, Africa
India based Private equity firm, Sage Capital said it is currently working with reputed institutional investors from across the world…
Dubai FDI and AstroLabs partner to attract tech start-ups and investment capital
AstroLabs is a member of the global Tech Hub network of ‘Google for Entrepreneurs’ and the only Google-partnered hub in…
Al Khaliji appoints al-Asaad new acting head of personal banking
Al Khalij Commercial Bank (Al Khaliji) has appointed Rana Ahmad al-Asaad as acting head of personal banking, the bank said…
Egypt to offer 42 projects to investment banks to launch during Economic Summit
The government has planned approximately 40 investment projects at local investment banks to be offered during the Economic Summit scheduled…
Ugandan university in Islamic banking and finance training partnership
The Dubai-based AlHuda Centre of Islamic Banking and Economics has announced plans to start training bank staff in Uganda in…
Investors should stay pessimistic and safe in the coming year
Renewed volatility in global financial markets and the 50 per cent crash in the oil price will not have been…
UAE stocks regulator weighs stricter reporting measures
The Securities and Commodities Authority is considering reducing the grace period that corporates will have to disclose their annual financial…