The National Investor (TNI), a leading Abu Dhabi-based investment company, posted a lower net profit of Dh2.2 million ($598,931) for the year ending March 2011, compared to Dh30.8 million in the previous fiscal year.
The consolidated reven
The National Investor (TNI), one of Abu Dhabi's leading investment management and advisory firms, said it has achieved a five-fold increase in its first quarter net profit despite difficult economic conditions.
Announcing the results o
The National Investor's (TNI) private equity arm and Kipco Asset Management Company (Kamco) plan to set up a $150 million Islamic fund, in a sign that private equity activity in the Gulf region is picking up.
The Sharia-compliant fund
The National Investor (TNI), one of the region's leading merchant banks, said it has posted consolidated net profits of Dh34.9 million ($9.5 million) and consolidated revenues of Dh122.6 million in the first half 2008.
The chairman of
Abu Dhabi-based investment bank The National Investor would sell shares to the public once amendments are made to a UAE law to allow it to maintain a controlling stake, its chief executive said on Monday.
Under current regulations, private
Demand for housing in Abu Dhabi, the biggest member of the United Arab Emirates, will probably outpace supply until 2010, spurring rents, Abu Dhabi-based The National Investor said in a report.
After that "we expect a situation of oversupp
The National Investor (TNI) plans to develop two plots of land at Capital Centre.
Capital Centre, is an Dh8 billion ($2.17 billion) business and residential micro-city now being built around the Abu Dhabi National Exhibition Centre (ADNEC)
UAE investment firm Forsa is hoping to tap the largely overlooked market of wealthy GCC women with the launch of funds worth Dh250 million ($68 million) open to female investors only.
Women in the Gulf hold about $40 billion of the region
Returns on stock sold in UAE initial public offerings have tumbled since 2005 and the longer investors hold their shares, the more likely they are to lose money, an Abu Dhabi-based investment bank said.
The best time to sell shares in IPO