Abraaj Investment Management makes bid approach to Egypt’s Bisco Misr
Abraaj Investment Management, an affiliate of United Arab Emirates’ Abraaj Capital, has made an approach to buy at least a…
Hedge Funds & Alternative Investments
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Servfund chooses Microgen 5Series fund administration software
Microgen Financial Systems, developer and implementer of enterprise software for some of the world's largest organisations, announced today that ServFund…
NBAD broadens the scope of its regional funds
“It is time to make this adjustment to our funds to maximise growth potential for our investors. The move also…
Time for Dubai to set the gold standards
Ross Norman has an enviable record in predicting the gold price. He has also built up a reputation as a…
Are Banks Prepared For Another Dubai Property Bubble?
Dubai’s booming property market has once again come under scrutiny, thanks to a swift increase in prices, a rapidly growing…
NBAD Dividend Leader named Newcomer Fund
The National Bank of Abu Dhabi’s MENA Dividend Leader Fund has been voted Newcomer Fund of the Year 2013 by…
Turkey's Alternatifbank mandates banks for $350 mln bond issue
Turkish lender Alternatifbank said on Friday it had mandated BOFA Merrill Lynch and Commerzbank for a dollar-denominated bond issue worth…
Oman insurance regulations credit positive, says Moody’s
The draft Takaful law of Oman’s Capital Market Authority proposing companies wishing to operate as a Takaful entity in the…
UAE bourses merger shelved as terms not agreed
A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the…
Kuwait’s CBK gets approval to raise up to 120m dinars via bonds
Commercial Bank of Kuwait, the Gulf state’s fifth-largest lender by assets, has received regulatory approval to issue up to 120…
Qatar cuts holding in London Stock Exchange by a third
Qatar Holding is to trim its 15pc stake in the owner of the London Stock Exchange by a third ahead…
Gulf Finance House to develop mixed-use community in DUBAILAND
The land sale agreement, which involves the purchase of a total area of approximately 1,200,000 square feet, was concluded in…