Monday 2 May 2016
 
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Rotana celebrates soft opening of Centro Capital Doha

Rotana, a leading international hotel management company,  announced the trial opening of Centro Capital Doha, the group’s fourth hotel in town during a press conference held at the new property. Located 20 minutes away

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Alkhabeer Capital apoints new chief

Alkhabeer Capital, a premier asset management and investment firm based in Jeddah, Saudi Arabia, has appointed Ahmed Ghouth as its chief executive officer.    Ammar Shata, founder of Alkhabeer Capital, will

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NBK's capital increase ‘to support business growth’

National Bank of Kuwait’s decision to increase its capital by 6.5 per cent would be a positive as it will enhance the bank’s capital adequacy ratios ahead of a full implementation of the Central Bank of Kuwait’s Basel III cap

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Sidra Capital to advise Eden Residence investors

Sidra Capital is set to play a role as the investment advisor to a group of investors in Jeddah's latest luxury residential project Eden Residence.   The group consisting of Al Murjan Holding; Mohamad Zouheir

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Taqa slashes 2016 capital expenditure

Abu Dhabi National Energy Company (Taqa) has slashed its proposed capital expenditure for 2016 despite reporting on Thursday a narrower fourth-quarter loss, as the company is impacted by lower oil prices. Global oil firms have bee

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Bahraini banks acquire key US real estate portfolio

A consortium of Bahrain-based lenders Venture Capital Bank (VC Bank) and Seera Investment Bank has acquired a major real estate portfolio consisting of two multifamily residential assets in Atlanta (US) comprising 866 units.  

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Bahrain’s Asmak set for capital boost

Asmak’s main shareholders, Bahrain Mumtalakat Holding Company and Bahrain Development Bank (BDB), have agreed to contribute to increasing the capital of the company from BD1.38 million ($3.63 million) to BD2.76 million, reported the Gu

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NBK Capital ends company-specific research coverage

NBK Capital, the investment arm of National Bank of Kuwait, has ended its company-specific research coverage and frozen all stock recommendations.   In a communication sent to clients on Wednesday (March 2) and s

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Gulf Capital to expand to Sub-Saharan Africa with Serengeti

Gulf Capital, a leading alternative investment firm in the Middle East, is set to expand its private debt business to Sub-Saharan Africa through an exclusive partnership with Serengeti Capital, an Africa-focused investment bank, with offices i

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Oasis Capital net gains top $51.2m

Oasis Capital, a Bahrain-based investment firm, has reported net income of $51.2 million for last year, which equates to a nearly four-time increase over $13.2 million achieved in the prior year, said a report in the Gulf Daily News (GDN),

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