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,...
Aabar’s board recommends $1.97b bond issuance
The board of directors of Aabar Investments has recommended to seek shareholders' approval for the issuance of convertible bonds of as much as $1.97...
Emirates NBD launches Emirates Islamic Money Market Fund
Open-ended Sharia-compliant fund, with daily dealing
Low risk investment opportunity
Access to Sharia-compliant liquid instruments
Offers diversification benefits
Special...
Abu Dhabi to launch agency for foreign investments
Mohamed Omar Abdullah, under secretary of Abu Dhabi's department of economic development said that the emirate plans to set up a dedicated investment agency...
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...
Dubai Government to help part of Dubai World proposal
Arabic language daily Al Ittihad said Dubai World would receive aid from the Dubai Financial Support Fund (DFSF) for financing operating expenses and payments...