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Dubai World silence causes concern

Since the November standstill announcement, little information was released from either Dubai World or the government to reassure investors. Discussions with creditors have been...

Hedge Funds post November Gains as Fiscal Cliff Looms

Relative Value, Event Driven leads gains on M&A and special dividends; HFRI Fund Weighted Composite Index posts 5th gain in 6 months Hedge funds posted gains...

MENA IPOs up 344% in the first quarter of 2012

Five IPOs in the region - three in KSA and one each in Oman and the UAE UAE’s NMC Healthcare lists on the London Stock...

BofA Merrill Lynch Fund Manager Survey finds sentiment moving against...

Investors expressing preference for corporate over sovereign risk Investors have recovered their bullishness towards equity markets but are shifting their focus away...

INVESCO launches Offshore Latin American Equity Fund

Invesco today announced the launch of a new fund, the Invesco Latin American Equity Fund, available to offshore investors and managed by award winning...

Private Equity deals on the rise in 2012 in Middle East

Private Equity Investors vie for opportunities in defensive sectors Middle East private equity investors are increasingly seeking opportunities in defensive sectors, according to Deloitte. Education,...

UAE Authorities Set to Facilitate Domestic Funds Licensing

The Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the Financial Services Regulatory...

None of DEWA’s borrowers are in default

Dubai Electricity '&' Water Authority (DEWA) would like to make the following announcement for the benefit of the public in view of the diverse...

Hollywood memorabilia at the Holiday Auction Extravaganza

Premiere Props announced today that they will be auctioning iconic Hollywood memorabilia at their Holiday Auction Extravaganza

2019 Global Investment Outlook: The Way Forward

Global Investment Outlook affirms that trade tensions, tightening monetary policy, and potential inflation will affect most asset classes

Precious metals rally on freash concerns about inflation

Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week. Gold for...

Aabar assets reach $10 billion

Abu Dhabi's Aabar Investments, which has stakes in Daimler AG and Virgin Galactic, said that its assets have grown to $10 billion and that...

Emerging Markets most favored by global investors; Equity positioning

The May Fund Manager Survey of BofA Merrill Lynch shows an increase in global investors’ allocations to emerging markets (EM). A net +29% are...

Standard Life announces Asia, Middle East expansion

Standard Life announced today that it will set up a new unit in Hong Kong, Singapore and Dubai to oversee and support its Asia...

2011 MENA M&A deal volumes up by 4%; values decrease by...

Total Mergers & Acquisitions (M&A) deal volumes in the Middle East and North Africa (MENA) region registered a rise of 4% last year, from 401 in 2010 to 416 in 2011

Asian hedge fund industry expands to a record number

HFRX India, Korea Indices post industry-leading 3Q gains Hedge funds in China, Japan continue to lead Nikkei, Shanghai Composite The Asian hedge fund industry expanded to...

MENA could issue over USD 80 billion of debt in 2019,...

• JP Morgan EMBI inclusion (31 January) likely to attract more than USD 30 billion in inflows to GCC bonds • Local and hard currency...

Aabar now offers shareholders 1.95 dirhams a share for Delisting from...

Aabar and International Petroleum have agreed to offer shareholders 1.95 dirhams a share to reflect the six-month average of Aabar’s price on...