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GFF to honour veteran Mohammed JaberThe Gulf Film Festival (GFF) 2013 will honour Kuwaiti stage and film actor, writer and arts administrator Mohammed Jaber, a fixture of the artistic scene in Kuwait and the wider GCC for over 50 years. More… |
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Dubai's ICD launches $2bn loan refinancingInvestment Corporation of Dubai (ICD) said on Monday it has launched syndication of $2 billion conventional and Islamic financing facilities to refinance a $2 billion loan due to mature in August. More… |
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Dubai ICD in talks over first Islamic bondDubai's flagship investment vehicle is in talks with banks to launch its first Islamic bond, three sources with knowledge of the matter said, tapping improved sentiment towards the emirate in a bid to diversify its funding sources. More… |
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Dubai ICD begins talks on $2bn loanInvestment Corporation of Dubai (ICD), the emirate's flagship investment vehicle, has begun talks with banks over a $2 billion loan it is scheduled to repay in August, with refinancing the most likely option, four banking sources told Reuter More… |
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ICD plans new finance company launchThe Islamic Corporation for the Development of the Private Sector (ICD) recently hosted a meeting with shareholders for a new national home finance company being launched under the brand name of Bidaya. The meeting was held at ICD More… |
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ICD launches Middle East operationsICD Middle East (ICD), a subsidiary of UK-based Institutional Cash Distributors, has launched its money market fund trading and risk management operations in the Middle East from its new office in Dubai. A premier money market fund trading More… |
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Dubai to repay $4 billion loan in fullInvestment Corporation of Dubai (ICD), the emirate's sovereign wealth arm, on Monday said it will repay in full a $4 billion loan maturing on August 21, financing it mainly with dividends from its investments. ICD had been expected to repa More… |
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Dubai investment arm's holdings total $70bnThe Investment Corporation of Dubai (ICD) owns 23 billion dirhams ($6.26 billion) in listed assets and 235.8 billion dirhams in unlisted companies, a government prospectus showed on Sunday. Dubai's investment arm agreed in May to a $2.8 bi More… |
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Saudi Capitas to launch mortgage firmSaudi Arabia's Capitas Group International plans to launch a mortgage finance company in 2012, its chief executive said on Wednesday, as a likely mortgage law in the kingdom is seen to boost sector confidence. "We ar More… |
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Dubai's ICD agrees $2.8 billion loanDubai's sovereign wealth fund ICD has launched a $2.8 billion, five-year loan refinancing which is the largest loan to emerge from Dubai since its financial crisis, banking sources said. Citigroup, Emirates Bank and More… |
