Ashmore-led group sells Saudi waste management firm to Gulf group
A group led by fund manager Ashmore Group plc has sold a Saudi waste management company to a group of…
Hedge Funds & Alternative Investments
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KKR to TPG Return the Favor Pouring Money Into Middle East Deals
KKR & Co. LP, Blackstone Group LP and other large private-equity firms have long parachuted into the Middle East to…
US Freedom Capital expands to Middle Eastern market
US Freedom Capital, an EB-5 Investment Firm and an Investment Banking firm, recently opened its representative office in Dubai. …
UAE-based financial institution names new chief for Bahrain
UAE-based financial institution Mashreq has announced the appointment of Vivek Uberoi as the new country head of Mashreq Bank Bahrain.…
UAE appoints Mubarak al-Mansouri as new c.bank governor
Mubarak Rashid al-Mansouri, an investment fund chief picked on Monday as the United Arab Emirates' (UAE) new central bank governor,…
Dubai property prices show signs of cooling
Dubai’s booming property market is showing signs that it may be cooling off, industry data showed yesterday, after two years…
UAE investors pick property over gold, says survey
Property is now a more popular investment class than gold among UAE investors, according to a new survey published on…
AlJazira Capital gets Thomson Reuters’ best brokerage awards
Thomson Reuters granted AlJazira Capital Best Brokerage House award for achieving the most value traded and the Best Shariah-Compliant Brokerage…
Agricultural Bank of China lists 1bn RMB bond in Dubai
China's third biggest bank in terms of assets, the Agricultural Bank of China, launched a listing of 1 billion renminbi…
NBAD Launches Shariah Dividend Fund
The National Bank of Abu Dhabi (NBAD) has launched NBAD Shariah MENA Dividend Leader Fund, which invests in select dividend-paying…
Kuwait’s Burgan Bank Attracts Orders Over $650m For Tier 1 Bond
Kuwait’s Burgan Bank has attracted orders in excess of $650 million for its Tier 1 capital-boosting bond issue, which should…
Listening closely as Abu Dhabi Global Market slowly takes shape
Al Maryah Island, the home of the Abu Dhabi Global Market, is like a huge swan floating on the Arabian…