Saturday 23 August 2014
 
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Arqaam Capital

Mashreq Q2 net profit jumps 45pc

Mashreq, Dubai's third-biggest lender by assets, on Wednesday posted a 45 per cent jump in second-quarter net profit.   The lender made a net profit of Dh585 million ($15

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Arqaam Capital eyes Africa, Saudi expansion

Dubai-based investment bank Arqaam Capital plans to expand into sub-Saharan Africa by the fourth quarter this year and may look at acquisitions in Saudi Arabia as part of its push into fast-growing emerging markets, its chief executive said.

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E&Y, Arqaam reach deal with DFSA over misconduct

  Ernst & Young and brokerage Arqaam Capital, accused of accountancy misconduct over the value of Iranian artwork, reached a deal with the regulator of Dubai's financial free zone hours before the case would have gone to

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Arqaam Capital wins top DFM ranking

Arqaam Capital, a specialist emerging markets investment bank, said its brokerage business, Arqaam Securities, has secured the top ranking on the Dubai Financial Market (DFM). Arqaam pointed out that its brokerage business previously ac

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Arqaam partners with Morocco university

Arqaam Capital, an investment bank headquartered in Dubai, has partnered with Morocco's Al Akhawayn University School of Business Administration to launch a global business education initiative. Announcing the launch, Arqaam Capital sa

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CTI Group to invest in Indonesian cement plant

CTI Group, the Gulf region’s largest independent trader of cement and clinker, has agreed to invest in a cement production plant in Indonesia owned by Bosowa Corporation. The arrangement gives Jordan-based CTI its first investment in one o

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Arqaam says working on several M&A deals

Investment bank Arqaam Capital is working on a multi-billion dollar M&A deal in the Gulf, one of six deals it is looking to conclude, as activity picks up, its director said. 'We are working on a number of mandates, some in-country

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Markets seen flat ahead of Q3 results

Gulf markets are seen range-bound on Tuesday, with investors reluctant to open new positions ahead of third-quarter results. "The bullish sentiment remains intact, but we're now into earnings season and so the market is taking a pause befo

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