Thursday 27 November 2014
 
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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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GFH completes capital reduction plan, cuts losses

Bahrain-based Gulf Finance House (GFH) has completed a capital reduction plan, a move that helps the Islamic investment firm to cut accumulated losses, it said in a statement on Wednesday. It had received approval from the Bahrain

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Trust Re increases paid-up capital to $170m

Trust International Insurance and Reinsurance Company (Trust Re) has increased in its paid-up capital, from $140 million to $170 million, which reflects the doubling of its authorised capital to $200 million in June last year. The

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Sedco Capital eyes $300m Europe real estate deal

Jeddah-based Islamic investment firm Sedco Capital plans to arrange a club investment of up to $300 million in European real estate, and will soon distribute its Luxembourg fund range via two European investment firms, its chief executive said.

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Sedco Capital eyes $300m Europe real estate deal

Jeddah-based Islamic investment firm Sedco Capital plans to arrange a club investment of up to $300 million in European real estate, and will soon distribute its Luxembourg fund range via two European investment firms, its chief executive said.

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TVM Capital to invest $200m in UAE healthcare

Dubai-based private equity firm TVM Capital Healthcare Partners plans to invest $200 million over the next four years to expand its companies across the Gulf Arab region and India, its chairman told Reuters. The private healthcare

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Falah Capital listed on New York Stock Exchange

  Falah Capital, a US-based investment group, said its flagship Islamic exchange traded fund (ETF) certified for shariah compliance by Shariyah Review Bureau, has been listed on the New York Stock Exchange (NYSE). The

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Egypt's Qalaa Holding eyes $560m capital boost

Egypt's Qalaa Holding is considering a share issue worth some 4 billion pounds ($560 million) as part of efforts to tighten control of its core investments and end years of losses, sources with knowledge of the deal said. The

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US Freedom Capital opens office in Dubai

US Freedom Capital, a leading investment and investment banking firm, has opened its representative office in Dubai, UAE recently. By expanding operations to Dubai, the company aims to increase its ability to offer world-class imm

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