Dubai’s Atlantis, The Palm Set To Refinance $880 Million Loan
Dubai’s iconic island resort, Atlantis, The Palm, owned by Investment Corporation of Dubai (ICD) is looking to reprice or refinance…
Hedge Funds & Alternative Investments
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Dubai eases fund manager restrictions
Dubai has eased its restrictions on asset managers in what appears to be a move to attract more hedge funds…
Dubai’s International Financial Centre in Bid to Lure Hedge Funds
Dubai’s financial hub is growing up. Since it was established a decade ago, the Dubai International Financial Centre has become…
Arab investors spending big to refurbish prominent Paris hotels
As many as five of Paris’ most notable hotels are receiving hundreds of millions of dollars in upgrades as sovereign…
Nakheel repays all AED7.9 billion bank debt – four years ahead of time
Dubai developer Nakheel today confirmed the early repayment of its entire AED7.9 billion bank debt, nearly four years before the…
Deloitte "Middle East Point of View": Social progress challenges in MENA countries
The use of technology in the public sector, the increasing appetite for alternative investments, achieving capital efficiencies and cost savings…
Korea, Dubai state fund to seek joint investment
The Export-Import Bank of Korea will partner with a Dubai state fund to make a joint investment in the Middle…
Beltone manages EGP100m Misr Insurance investment fund
Asset management company Beltone Financial will be managing a EGP 100m investment fund for Misr Insurance Holding Company, state-run…
Mashreq launches "Gold Edge Invest Account"
Mashreq, one of the UAE's leading financial institutions, announced yet another innovative solution to provide unprecedented benefits to its customers. …
DIFC Investments Plans Sukuk Issue
DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is planning to issue sukuk, four bankers…
CBRE announce new Middle East appointments
With more than seven years of experience in valuation, with the last three being in the Middle East, Louise Liddell…
Eiger Trading launches world first 24/7 automated retail and wholesale Murabaha platform
Eiger Trading has announced the launch of the first ever fully-automated, Shariah-compliant 24/7 Commodity Murabaha platform. Rolled out in…