Funds

Most recent

• Bullion bandwagon

  The price of gold hit $1,000 for only the fourth time in history early last week. But some experts say its current price is unsustainable.

  Sector: Banking & Finance, Financial Markets

Friday, 8 May 2009

• Trading confidence

  The global credit crisis has wreaked havoc with regional stock exchanges. Claire Ferris-Lay talks to Malcolm Wall Morris, CEO of the Dubai Gold & Commodities Exchange about how he is trying to boost investor confidence across the Gulf.

  Sector: Banking & Finance, Financial Markets

Monday, 20 April 2009

• ME share of global hedge fund to rise by 30%, 2013

  ME investors will own 7.5% of total global hedge fund assets end-2013 - survey.     

  Sector: Financial Markets

Wednesday, 21 January 2009

• Hedge funds see $155 billion of withdrawals

  Investors pulled $155 billion out of hedge funds last year, according to new data.

  Sector: Banking & Finance, Financial Markets

Saturday, 10 January 2009

• Daman Securities invests for the future

  Daman Securities has struck a deal with research firm Morningstar to begin coverage of UAE stocks.

  Sector: Banking & Finance, Financial Markets

Tuesday, 9 December 2008

• Mubadala increases stake in chip maker AMD, joint venture

  Abu Dhabi fund renegotiates deal following sharp drop in company's share price.

  Sector: Technology

Wednesday, 5 November 2008

• Kuwait fund in merger talks, cbank in support

  Islamic asset manager's sees consolidation as regulator offers sector help.

  Sector: Banking & Finance, Islamic Finance

Saturday, 11 October 2008

• $1.5 million to improve special needs education in Uzbekistan

  The Asian Development Bank (ADB) has announced a US$1.5 million grant to help improve education for special needs children throughout Uzbekistan.

  Sector: Education

Sunday, 28 September 2008

• Abu Dhabi's ADIH eyes $1.5bn China fund

  Plans to invest in real estate, manufacturing with Chinese partner despite uncertainty.

  Sector: Banking & Finance, Real Estate

Tuesday, 23 September 2008

• Deutsche Bank to launch sharia hedge fund range

  Launch follows on heels of sharia-compliant offerings by Barclays Capital, Newedge.

  Sector: Financial Markets, Islamic Finance
• UK fund manager Duet opens in Dubai, Singapore

  New hires from Merrill Lynch to staff sales offices, with fund launches in the future.

  Sector: Banking & Finance, Jobs

Monday, 22 September 2008

• Investcorp launches $1bn US real estate debt fund

  Unidentified sovereign wealth fund commits $850mn to investment bank venture.

  Sector: Banking & Finance, Real Estate

Saturday, 20 September 2008

• Green light for Qatar power plant

  Qatar Petroleum has found financers for its US $3.32 billion (QAR12 billion) power and water plant in the industrial port of Ras Laffan, according to Qatar's state news agency QNA.

  Sector: Construction & Industry

Sunday, 27 July 2008

• Abu Dhabi Islamic Bank to finance Sudan industrial project

  Lebanon's Banque Audi also involved in $130mn cement plant.

  Sector: Banking & Finance, Construction & Industry

Wednesday, 23 July 2008

• Dubai's DAE appoints banks to lead $1bn loan - banker

  Money will be used to refinance existing debt and general corpoate purposes.

  Sector: Banking & Finance, Transportation, Financial Markets

Wednesday, 16 July 2008

• Millennium to start sharia-compliant hedge fund

  Dubai-based Millennium Finance Corporation to launch first Islamic law hedge fund.

  Sector: Banking & Finance, Islamic Finance

Monday, 14 July 2008

• Islamic investors gain from bank stock ban

  Lack of exposure to Western banks avoids losses for non-sharia equivilents, S&P says.

  Sector: Banking & Finance, Financial Markets, Islamic Finance

Monday, 30 June 2008

• Daman launches $54mn GCC equity fund

  Fund to target opportunities in regional equity markets, UAE asset manager says.

  Sector: Banking & Finance, Financial Markets
• Dubai Islamic, Global fund eyes three deals by Q3

  Fund to do deals with Turkish, Indian financial services firms and Gulf retailer.

  Sector: Banking & Finance, Financial Markets, Islamic Finance
• Study launched to plug skills gap

  Bahrain's Labour Fund teams with Australian consultants to assess state of kingdom's labour market.

  Sector: Politics & Economics

MIDDLE EAST MARKETS DATA

• Abu Dhabi Securities Exchange
• Amman Stock Exchange
• Bahrain Stock Exchange
• Beirut Stock Exchange
• DFM General Index
• Kuwait Stock Exchange
• Muscat Securities Market
• Qatar Exchange