Abraaj Group's Senior Partner Leaves Firm
Matteo Stefanel, a senior partner at emerging markets-focused private equity firm Abraaj Group, has left the company. two banking and…
Hedge Funds & Alternative Investments
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Kuwait Pledges $2 Billion in Low-Interest Loans and Investments to African
Kuwait's Emir Sheikh Sabah al-Ahmad Al-Sabah kicked off the third Africa - Arab summit Tuesday by pledging $1 billion in…
Advisers still servicing few wealthy clients
Finance House, a leader in commercial and retail financing, announced that it has acquired CAPM Investment, an investment company based…
UAE signs customs cooperation agreement with Armenia at sidelines of ECF
Represented by the Federal Customs Authority, the UAE on Wednesday signed a technical cooperation agreement for customs assistance with the…
GCC Islamic funds enjoyed the highest fund flows post financial crisis
Gulf Islamic funds have bucked the global trend of declining assets under management in the same space in the past…
Noor Islamic Bank, DMCC Offers UAE gold bullion coins investment
Noor Islamic Bank has rolled out sales of the UAE gold bullion coins for retail buyers in denominations of one,…
UAE bank offers gold bullion coins as profitable and safe investment option for clients
Noor Islamic Bank (Noor) has rolled out sales of the UAE gold bullion coins for retail buyers in denominations of…
Arqaam Capital Eyes Two New Fund Launches
Arqaam Capital’s asset management business is focused on Frontier and Emerging markets. Having started with the Middle East and North…
Dubai’s Amlak expected to resume trading in 2014
Dubai’s indebted mortgage lender Amlak Finance is expected to resume trading during the first half of 2014 after its shares…
Sahara to sell iconic London and New York hotels
The embattled Sahara Group has put up for sale the iconic luxury hotels it acquired over the last three years…
Kuwait Finance House Q3 Net Profit Up 17%, Beats Estimates
KFH achieves net profit of KD 89.1 mln up to the end of Q3 2013, an increase of 17% Earnings…
HSBC launches AED1bn international growth fund
HSBC today announces that it has launched its latest International Growth Fund, committing 1 billion dirhams to the UAE's International…