Abraaj Capital acquires Amundi’s Private Equity Platform in North Africa

Abraaj Capital acquires Amundi’s North African private equity team Takes over management of US$ 161 million SGAM Al Kantara Fund Also acquires Amundi’s stake in...

MENA IPOs down 51.67% to US$374.77Mn in Q2 2011

Total of six IPOs in the region - two in UAE and one each in Saudi Arabia, Jordan, Tunisia and Morocco First UAE real estate...

UAE’s first gold bullion coin unveiled in Dubai

In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

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...

Gulf Bond Fund shows consistent performance of 3.29% for H1 of...

GIC’s Gulf Bond Fund has the longest track record in GCC Largest GCC bond fund provides weekly subscription and redemption schemes 84% of...

Regional office of Islamic Corp for Insurance of Investment and Export...

An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...

Global IPO Markets in First Half of 2011

NYSE Leads U.S. IPO Market By Capital Raised and By Number of Transactions NYSE Leads World in Listing Technology and PE-Backed IPOs Chinese IPOs Build on...

J.P. Morgan appoints Senior Country Officer for Middle East, based in...

J.P. Morgan announced today that it has appointed Sjoerd Leenart to be the Senior Country Officer of the Middle East and North Africa (MENA)...

Dubai launches smaller bond issue in return for better price

Dubai Government launched a $500 million 10-year bond on Wednesday, according to sources. Lead arrangers commented that it seems the emirate prefers smaller bond...

Facebook preparing for an IPO

Facebook is preparing for an IPO that is expected to surpass $100 billion, according to a new report. If the forthcoming initial public offering surpasses...

‘Best Fund Management Company’ at Arab Achievement Awards 2011

Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...