Apicorp posts $109m profit in 2012The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the ten members of the Organisation of Arab Petroleum Exporting Countries, said it has registered a net profit of $109 million for 2012, the highest More… |
Egypt gets $3bn Qatari fund at 3.5pcEgypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem More… |
Egypt gets $3bn Qatari fund at 3.5pcEgypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem More… |
Warburg Pincus closes $1.2bn global fundWarburg Pincus, a leading global private equity firm focused on growth investing, has announced the closing of a $11.2 billion global fund, which witnessed active participation from a lot of number of Middle Eastern investors.   More… |
NBAD fund to distribute 4.47pc dividendThe National Bank of Abu Dhabi’s (NBAD) said its cautious income fund will distribute 4.47 per cent annualised dividends to the shareholders fllowing the fund's impressive performance. The Cautious Income Fund, lau More… |
Barings to launch frontier markets fundBaring Asset Management (Barings), a global investment management firm with offices, clients and business lines spanning the world's major markets, has announced plans to launch a new fund for frontier markets. The Baring Fron More… |
Sedco Capital plans Islamic equity, fundsJeddah-based investment firm Sedco Capital aims to expand its range of Islamic funds to more than 15 by year-end, a sign of improving financial market sentiment and changing investor attitudes in Saudi Arabia. &nbs More… |
Doha summit approves $1bn for JerusalemThe Arab League on Tuesday approved a Qatari proposal to set up a $1 billion fund for Arab East Jerusalem, which Palestinians want as the capital of an independent state under any peace deal with Israel. More… |
Dubai firm in deal to fund South Sudan projectsDubai-based Emirates Capital, a European merchant bank has reached an agreement with GPS3 Investments to finance the development of major projects in partnership with the Republic of South Sudan, through a first of its kind strategic development More… |
Qatar bid for Marks and Spencer deniedQatar Holding, the investment arm of the Gulf state's sovereign wealth fund, is not considering a bid for British retailer Marks & Spencer, a source close to the fund said on Monday. Sha More… |








