Friday 7 October 2022
 
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Siraj Capital

DFSA withdraws Siraj Capital licence

The Dubai Financial Services Authority (DFSA) has withdrawn the licence of Siraj Capital (Dubai) Limited to provide financial services in the Dubai International Financial Centre (DIFC). The DFSA took this action because Siraj contravened

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Siraj Capital to launch debut Canadian sukuk

Siraj Capital, a merchant investment company regulated by the Dubai Financial Services Authority with offices in Dubai and Jeddah, has announced plans to launch its first major sukuk to be based on Canadian assets. 'The Bear Mountain R

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Janayen secures $41.6m Ijara financing

Janayen Capital Group, owner and manager of worker and staff accommodation facilities, said it has secured a Dh153 million ($41.6 million) Ijara financing, its second fund, from Noor Islamic Bank (NIB). Dubai-based Potentia acted as c

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12 Holiday Inn Express hotels to come up in Saudi

InterContinental Hotels Group (IHG) has signed an exclusive franchise agreement with Siraj Capital to develop the Holiday Inn Express brand in Saudi Arabia. A total of 12 new properties are set to open within five years. The

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Naeem, Siraj in $500m JV

Naeem Holding and Saudi-based Siraj Capital launched a $500 million company to invest in the hospitality and tourism sector. Naeem Holding is an Egyptian investment bank which has private equity and corporate finance operations in Egypt, S

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