Brunei offered help to develop Islamic finance
Kuwait Finance House-Bahrain has offered assistance in developing its Islamic finance industry to a visiting high-level delegation from Brunei. …
Hedge Funds & Alternative Investments
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First Gulf Bank Files to Sell Debt on Tokyo Pro-Bond Market
First Gulf Bank PJSC, the United Arab Emirates’ third-largest lender by assets, registered to sell as much as $1 billion…
8 luxury Italian firms set up base in Abu Dhabi
Abu Dhabi-based Gulf Automation Services & Oilfield Supplies, or Gasos, has set up the Italian Centre of Excellence, or ICE,…
Bank Muscat 'eyeing' Oman brokerage business sale
Bank Muscat is seeking offers from potential buyers for its brokerage operations in the sultanate, according to three people with…
ADCB and Saadiyat Development and Investment Company ink luxurious residential development
Abu Dhabi Commercial Bank and Saadiyat Development and Investment Company have announced the signing of a customer financing agreement for…
Ooredoo chosen ‘Best Islamic Borrower’
Ooredoo won the award for a variety of new activities undertaken in the Islamic financing markets. It started with…
UAE central bank warns of soaring property prices
DUBAI Residential rental yields in Dubai and Abu Dhabi could indicate growing imbalances and overheating in the country’s real estate…
Bank Muscat launches GCC Property Income Fund
The fund is positive about the GCC real estate market as it presents huge growth potential, driven by several structural…
Global GCC equity funds outperform their benchmarks year to date
The Global GCC Large Cap Fund, one of the company’s flagship funds, has outperformed its respective benchmark reporting a return…
World Bank chief hails Saudi's role in Middle East
World Bank Group President Jim Yong Kim, on his first visit to Saudi Arabia, has hailed the Gulf kingdom's leadership…
Egyptian bourse rebounds, UAE and Qatar remain weak
Egypt's bourse rebounded on Wednesday after several days of weakness, while many major stocks in the United Arab Emirates and…
GCC real estate fund raises over $140 million
PineBridge Investments Middle East BSC, a global multi-asset class investment manager, with regional headquarters in Bahrain covering the Middle East,…