Dubai’s SWF to form investment alliance with Korea
Investment Corporation of Dubai, the Gulf emirate’s sovereign wealth fund, has signed a memorandum of understanding with the Export-Import Bank…
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Bahrain's Investcorp eyes $1.43bn deal to sell US-based firm
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging for $1.43 billion from Bahrain-based…
UAE Banking Space Too Crowded, Mergers Needed – ENBD CEO
The UAE’s banking sector is too crowded, with too many lenders competing to cater to a relatively small population, a…
Emirates Investment Bank appoints Asset Management MD
Mr. Bargouti brings over 15 years of asset and fund management experience to Emirates Investment Bank and joins from Shuaa…
Qatar requests return of USD3bn deposit from Egypt
Qatar is requesting the return of its $3 billion deposited in the Central Bank of Egypt, said an Egyptian government…
Qatar listed firms' profits beat forecast
Qatar's listed companies recorded better-than-expected profits during the second quarter of 2014, but saw a nince percent year-on-year fall. …
Rent inflation in Dubai property market slows down
Residential rents in Dubai are coming down with the preliminary data analysed by Phidar Advisory for the first half of…
Standard Chartered Looking To Sell Part Of UAE Business
Standard Chartered is aiming to sell part of its business in the United Arab Emirates (UAE) after it agreed to…
Latham & Watkins advises Uyoun Al-Raed on SAR 1.97 billion real estate Murabaha financing
The law office of Salman M. Al-Sudairi in association with Latham & Watkins represented Uyoun Al-Raed Commercial Company Limited on…
Bank funding no longer a function of liquidity alone
The context of the Middle Eastern debt market, bank lending has been a dominant component. The debt issuances, to date…
China’s ICBC Leasing Said to Seek $300 Million Gulf Bank Loan
ICBC Leasing, a unit of Industrial & Commercial Bank of China Ltd., hired Dubai-based Emirates NBD and Commercial Bank International…
Bank funding no longer a function of liquidity alone
The context of the Middle Eastern debt market, bank lending has been a dominant component. The debt issuances, to…