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,...

First Internet IPO on DFM

After the eruption of the financial crises of 2008, it is no secret for people in business circles, that investors (both retail and institutional)...

New Hedge Fund Launches Fall

Launches lowest since 2010, highest liquidations since 2009 Top performers lead decile dispersion to highest level in four years New hedge fund launches declined to their...

Global Investments Roundup

BofA fast tracks TARP Payback; Brazil unemployment reverses in April; Taiwan GDP falls 10.24%; Dollar swoons against Euro, Yen; GM and UAW reach tentative...

Dubai Investments Q4 net profit drops 36 percent

Dubai Investments PJSC ("DI"), an investment company with diversified interests in high growth segments, today announced its preliminary unaudited financial results for the year...

Societe Generale marks the end of gold era with a forecast...

Societe Generale came up with a new 27-paged special analysis report on gold prices. The titled of the analysis is called "The End Of...

Finance House subsidiary to launch Fund to finance UAE private sector...

Finance House, through its DIFC-registered subsidiary, FH Capital Ltd, today announced that it intends to launch the FH Special Opportunities Fund (SOF), with a...

Invesco appoints new Institutional Account Manager in the Middle East

Invesco Asset Management Limited today announced the appointment of Zainab Kufaishi as Institutional Account Manager for its Dubai-based Middle East operations. Zainab relocated to Dubai...

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...

Emirates NBD Asset Management announces dividend

Boards of Jersey-based funds approve formal dividend payout for H1 2011 Stellar performance on income fund suite Fixed income suite delivers significant capital growth Emirates NBD Asset...

Commodities, gold to outperform in the long run

Most veteran money managers still believe commodities will hold value and outperform in the long term, despite recent slump in gold and silver prices,...

LinkedIn expected to Go Public in 2011

LinkedIn, the social networking site for professionals, plans to go public in 2011 according Reuters. Morgan Stanley, Bank of America and JPMorgan are among 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...