Wednesday 23 April 2014
 
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$40bn investment in Gulf airports likely

Middle East airports have planned massive development projects to meet future demands, with the Gulf states alone investing about $40 billion in infrastrucutre, said the International Air Transport Association (Iata). By 2017, the

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Abu Dhabi city ports to receive facelift

Abu Dhabi Ports Company (ADPC) is set to invest Dh20 million ($5.4 million) to carry out essential maintenance work at Zayed Port and its neighbouring freeports to repair the quayside wall enhancing the ports’ facilities and services.

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Hedge funds to hit $3 trillion

Hedge funds are expected reach a record breaking $3 trillion by the end of this year, as compared to $2.6 trillion last year, said a report. Deutsche Bank’s 12th annual Alternative Investor Survey said this is based on inves

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Citadel Capital invests $376m in assets

Citadel Capital, a leading investment company in the region, said it has completed asset purchases and add-on investments worth a combined EGP2.63 billion ($376.2 million). The new acquisitions and follow-on investments are part o

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ME 'must start investing in its people'

The Middle East's major resource for the future is its people. That was the message from US leadership guru and business coach Dave Ulrich at a seminar attended by more than 300 senior businesspeople in Bahrain yesterday.

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Delta Partners to invest $25m into Cash Credit

Dubai-based Delta Partners Emerging Markets TMT Growth Fund II is set to invest up to $25 million into Cash Credit and its affiliates, a Bulgaria-based provider of micro-financial services via mobile operators. Cash Credit, which

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Abraaj to invest in Palestinian toy company

Dubai-based Abraaj Group, a leading private equity firm operating in global growth markets, has announced a prime investment in Anoud Games, a producer of Arabic educational games and toys for children based in Palestine. Abraaj s

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GCC firms 'must invest in renewable energy'

Gulf oil producers must pump funds into renewable energy sources and focus on conservation measures to ensure sustainable growth and manage their supply-demand balance, according to a key British business publishing group. The GCC

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Spending 'key to beat global financial crisis'

The way out of an economic downturn is to spend and invest but instead what we are seeing at the moment are governments that think we should cut back and introduce austerity, said a leading Harvard professor. "But historically that has nev

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Qatar plans big investment in Bulgaria

Qatar will deposit $200 million at the Bulgarian Central bank as a guarantee it is serious about investing in the Balkan country, said the Prime Minister Sheikh Hamad Bin Jassim al-Thani. 'Today we agreed to deposit $200 million as a p

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