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Arcapita, $800m US exit deal

Bahrain based Arcapita Bank has announced the sale of three real estate portfolios in the US to... Read full article »
Bahrain: Sunday, November 27 - 2005 at 13:49

Saudi stocks hit record high

Saudi stocks ended last week at a fresh all-time high of 16,337 points, with the bourse now more... Read full article »
Saudi Arabia: Sunday, November 27 - 2005 at 10:28

DP World poised to buy P&O

DP World is close to reaching an agreement with P&O to acquire the British ports and ferry giant,... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 10:08

UAE, China trade to hit $2.7bn

Trade between the UAE and China will pass $2.7bn this year, said Sharjah Crown Prince Sheikh... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 08:26

Investcorp closes $300m fund

Bahrain based Investcorp has announced the closure of its $300m Investcorp Technology Ventures... Read full article »
Bahrain: Sunday, November 27 - 2005 at 08:23

UAE, Muscat share corrections

The UAE bourse is presently trading 10% lower than its highs hit a few weeks ago, while Muscat... Read full article »
Oman: Sunday, November 27 - 2005 at 08:11

Arab Bank, $52m Qasco Dubai loan

Arab Bank has agreed to loan $52m to Qasco Dubai Steel to expand its plant in the Jebel Ali Free... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 06:58

Al Noor Capital formed in AD

Al Noor Capital was launched as a private placing company in Abu Dhabi last week with a capital... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 06:23

RSH, 30% IPO

Saudi-based Red Sea Housing Services has appointed Saudi Hollandi Bank as manger and lead... Read full article »
Saudi Arabia: Thursday, November 24 - 2005 at 12:20

Morgan Stanley sets up at DIFC

Morgan Stanley has appointed the firm's first regional head for the Middle East and North Africa... Read full article »
United Arab Emirates: Thursday, November 24 - 2005 at 09:45

Saudi, 4.6% five-year growth

Saudi Arabia's five-year economic plan projects an average 4.6% annual economic growth over the... Read full article »
Saudi Arabia: Thursday, November 24 - 2005 at 09:21

Emirates Bank looks to outperform

Emirates Bank International expects to sustain core revenue growth above 30% in 2006 on gains... Read full article »
United Arab Emirates: Thursday, November 24 - 2005 at 09:11

Iran advances Iraq $10m

Iran will advance to Iraq a $10m grant and $1bn long-term loan, according to Iraqi President... Read full article »
Iran: Thursday, November 24 - 2005 at 07:21

ADIC buys Al Wathba stake

Abu Dhabi Investment Company has acquired a 51% stake in Al Wathba Central services from the Abu... Read full article »
United Arab Emirates: Thursday, November 24 - 2005 at 07:18

UAE shares lose ground

UAE shares drifted lower in trading yesterday with the Dubai Financial Market index losing 0.62%... Read full article »
United Arab Emirates: Thursday, November 24 - 2005 at 07:18
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