MaCeen Capital appoints new CEO
MaCeen Capital, the leading Multi investments and Asset Management Investment company, has announced the appointment of Yasser Faisal Al-Sharif, as…
Hedge Funds & Alternative Investments
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Kuwaiti bank CBK says concerns over buyer cash behind bond cancellation
Commercial Bank of Kuwait said on Monday it cancelled its 120 million dinar ($412.7 million) capital-boosting bond last week over…
Eureeca Crowdfunding Platform Hit with SEC Cease & Desist for Solicitation Violations
Eureeca, a Dubai based investment crowdfunding platform, ran afoul of the Securities and Exchange Commission as a Cease and Desist…
‘Smart Wallet’ tops UAE Banks Federation agenda
The Board of Directors of the UAE Banks Federation, a professional body representing 49 member banks operating in the UAE,…
Waha Capital 9M 2014 net profit increases to AED 1.6 billion
For the third quarter of 2014, the company recorded a net profit of AED 301.2 million, up from AED 107.1…
Omani entrepreneurs explore islamic financing avenues with bank Nizwa
Bank Nizwa's Head of Shari'a, Dr. Anwar Soubra, conducted an in-depth workshop on the various Islamic Financing solutions available to…
Arab Bank Receives Two Regional Awards from Prestigious International Publications
Arab Bank received two recognitions recently on the regional level for its trade finance and cash management services. The…
Simply Sharia Wins Islamic Finance Firm of the Year in Finance Monthly M&A Awards 2014
Simply Sharia Limited has been named the Winner of Islamic Finance Firm of the Year - UK in Finance Monthly…
ME investor snaps up two Manhattan hotels
KFH Capital Investment Company, the investment management arm of Kuwait Finance House, has acquired two Manhattan hotels, the 148-room Hampton…
Gulf nations focus on more investments in East Asia
The “East Asia push” of Gulf countries has become more intense this week with a number of announcements made that…
Gulf nations focus on more investments in East Asia
The “East Asia push” of Gulf countries has become more intense this week with a number of announcements made that…
Dubai-based investment bank expanding as regional demand grows
EIIB-Rasmala, the Dubai-based investment bank and asset manager, will expand its leasing and property fund products amid increased investor demand…