GAM launches first foreign funds in Israel
The Zurich based asset manager has become the first foreign asset manager to register funds for sale to retail clients…
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ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
In one of the largest fund raising for housing funds in India, HDFC Capital Advisors, the real estate asset management…
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding B.S.C. (Ithmaar) received on Thursday approval from the United Arab Emirate’s Securities and Commodities Authority (SCA) to list…
Kuwait, Oman postpone Value Added Tax until 2019
Oman's finance ministry decided to postpone the implementation of the Value Added Tax (VAT) until 2019, and transative tax until…
UAE, Tajikistan plan to create joint investment fund
Tajikistan and the UAE are planning to create a joint investment fund to boost economic ties between the two countries,…
Turkey’s Islamic banks may need more capital to fund growth, says Fitch report
State-run Islamic banks in Turkey may need more capital support, according to a Fitch Ratings report. “Further capital injections…
Berlin sees ‘smart’ Brexit deal as model for Turkey
Sigmar Gabriel, Germany’s foreign minister, has said a “smart” Brexit deal between Britain and the EU could become a template…
EFG Hermes looks to manage renewable energy projects: energy head
Egyptian investment bank EFG Hermes aims to manage renewable energy projects totaling 400-500 megawatts in the north African country in…
UAE Embassy in Lebanon launches philanthropic projects
The UAE Embassy in Lebanon, represented by the Humanitarian and Development Affairs Attache, has sponsored and launched several humanitarian charity…
Economic year in review: UAE weathers challenges
Lower oil prices once again were the dominant theme for the UAE’s economy in 2017, even as the country was…
Union Properties to IPO unit in second half of 2018
Union Properties, the property developer that posted its worst quarterly loss in the second quarter of this year, said on…
Muscat Capital launches real estate fund
Muscat Capital, the Saudi-based investment banking subsidiary of Bank Muscat, announced the successful closure of its first Real Estate Investment…