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Barclays advises on equities over bondsWith most bonds continuing to trade above their par values, and at levels that leave them very sensitive to changes in interest rate expectations, Barclays strongly favours stocks over bonds, the bank said in a report. Barclays co More… |
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Lebanese firm to invest $800m in SudanLebanese farmland investor GLB Invest plans to invest up to $800 million in Sudan to produce animal feed to be sold to Saudi Arabia, its president said on Tuesday. Arab investors have launched farmland and livestock projects in th More… |
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Gulf wealth funds raising private equity investmentsSovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, US fund manager Invesco says in a new study. "Contrary to popular per More… |
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Qatar Holding, Italy fund eye VersaceQatar Holding and an Italian state-controlled investment fund are interested in investing in Italian fashion house Versace, Il Sole 24 Ore newspaper said. T More… |
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Investment flows to developing states to soarThe percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up with richer nations and become more integrated into finan More… |
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Gold falls again; may re-test April lowsGold dropped for the sixth consecutive session on Thursday, hitting its lowest level in four weeks, on a stronger dollar and battered investor sentiment. Ra More… |
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Gulf Finance House Q1 net up 50pcGulf Finance House (GFH), the Bahrain based Islamic investment bank, has recorded another period of sound results and profitability with a net profit of $1.5 million for the quarter, up 50 per cen More… |
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Accor sees record Mideast growthAccor, Europe's largest hotel group, has registered record growth in the Middle East region in 2012 with more than 2,000 rooms opened in one single year across six new hotels, said a top ofici More… |
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Sri Lanka to ease foreign ownership restrictionsSri Lanka will allow foreigners full ownership of businesses if they invest more than $10 million, a minister said, and the measure will likely be introduced within two months. The proposed change comes as the $59 billion economy More… |
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Ikoo gets $3m funding from STC for growth plansIkoo, a leading digital marketing solution provider, announced a major partnership with STC Ventures, backed by Saudi Telecom Company (STC), which has invested $3 million in the company to fund its future growth plans. STC Venture More… |
