KIPCO sells 39.2% stake in GIC to Fairfax Financial Holdings Ltd...
Kuwait Projects Company (KIPCO) said that it has signed a deal with Fairfax Financial Holdings Ltd (FFH.T) to sell a 39.2% stake in Gulf...
Dubai World’s approval from creditors to change terms of debt to...
According to UBS AG and Moody’s Investors Service, Dubai World’s approval from creditors to change the terms on $24.9 billion of debt is likely...
GFH announces the appointment of executive Chairman and new capital program
Gulf Finance House B.S.C. (GFH) today announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program.
Following...
Corporate and personal tax rate in Bulgaria likely to remain at...
Bulgaria is becoming more and more attractive destination for foreign business owners and individuals to take advantage of the low corporate profit and individual...
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...
Dubai Investments Q2 profit falls 32 pct
Dubai Investments PJSC (“DIâ€), the largest investment company listed on the Dubai Financial Market, today announced its financial results for the six-month period ended...
National Bonds sales up 5%
National Bonds Corporation achieved sales of more than Dh1 billion in the first half of 2010. The total number of customers reached more...
Evolvence Capital launches third India focused fund at USD 400 million
Dubai-based alternative investment firm reiterates commitment to continued growth in India
Evolvence India Fund II to focus on diversified...
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...
Aabar Investments initiates a process to turn the company private
Aabar Investments board of directors signed off on the plan to turn the company private at a meeting on Thursday. In another meeting,...
Dubai World seeking to sell Inchcape Shipping Services
Dubai World has been seeking to sell Inchcape Shipping Services (ISS). The port and shipping agent was put up for sale recently by...
BofA Merrill Lynch Fund Manager Survey Finds Investor Confidence Eroded But...
Record Move Out of Energy Stocks in Wake of Gulf Spill
Investors’ belief in global economic growth and the ability of corporations to...
Latest Middle East Asset Management Study from Invesco
Invesco Asset Management Limited today unveiled the findings of its inaugural Invesco Middle East Asset Management Study. This regional study is the...
DMCC successfully redeems US$200 million sukuk
Final US$20 million repayment on five-year Islamic bond made on schedule
Demonstrates underlying financial strength of DMCC
Underscores rapid growth...
Sukuk Market Recovery Expected in 2011 – 12
Analysts predict that now is a pivotal time for the global Islamic finance industry as sukuks are expected to grow in importance on the...
Reem Investments announces AED785 Profit and 10% Dividend Distribution
The Board of Reem Investments PJSC, an Abu Dhabi-based diversified investment company, announced profits of AED785mn for FY 2009 at its...
FIO undertakes strategic study to further boost foreign direct investment potential...
The Foreign Investment Office (FIO) mentored students from the SP Jain Center of Management to undertake a study of the key strategic areas related...
Infrastructure and Economic Diversification to Drive Saudi Private Equity Market
With the steady population growth propelling continuous infrastructure development, Saudi Arabia is considered the next big market for private equity and venture capital investors,...