web analytics

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...

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...