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...
Secrets of Kuwaiti Ultra High Net Worth, Revealed by a Swiss...
Research conducted by Heinrich Weber, Swiss Banker and author of ‘The Ultra High Net Worth Banker's Handbook,’ estimates that there are 150...
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...
Emirates NBD launches Emirates MENA Fixed Income Fund
High-yield investment opportunity, estimated yield of circa 6 per cent
Option of semi-annual income distribution
40-strong professional ...
Istithmar World Capital defaulted on mortgage on New York’s Hotel
Istithmar World Capital, the investment arm of the Dubai government, has defaulted on its $300 million mortgage on the former Knickerbocker Hotel site in Times...
Al Rajhi Capital and Arcapita announce launch of USD500 million Real...
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, and Arcapita Bank B.S.C.(c), an international investment firm headquartered...
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...
The Gulf Islamic Fund of Gulf Investment Corporation ranked first...
The Gulf Islamic Fund, a Shariaa Compliant investment vehicle of Gulf Investment Corporation (GIC), ranked first among Shariaa compliant funds investing in...
The UAE highlights investment opportunities to Bottom Saxony delegation
Minister of Economy emphasizes the strength of UAE Economy and Commends ability of Dubai economy to deal with global challenges
Invites Airbus...
Dubai Ruler’s media office denied earlier report for debt arrangements
Dubai denied on Sunday an earlier Dow Jones report that it is mulling a two-part deal, including one that may repay lenders 60 percent...
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...
Investment Dar reaches Majority Agreement on Standstill
Investment Dar announces today that a majority of its banks and investors have now joined the Standstill Agreement previously entered into with the Coordinating...
Barclays Capital launches enhanced FX Algorithmic Trading
Barclays Capital Launches Enhanced FX Algorithmic Trading
Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the launch of PowerFill+, a...
Morgan Stanley becomes approved applicant for Dubai Gold Securities
Dubai Gold Securities LLP today announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ...
