Monday 22 September 2014
 
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Bahrain ‘to get vote of confidence from investors’

Bahrain looks set to get a vote of confidence from international investors when it offers a 30-year bond worth at least $500 million, in its first sale of such a long tenor. The kingdom yesterday (September 9) opened books for the

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Bahrainis urged to invest in Sudanese projects

Bahraini investors will be invited to push ahead with livestock and agriculture projects on the land granted to Bahrain in Sudan. The Cabinet in its weekly session has ordered Municipalities and Urban Planning Affairs Ministry to

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Chestertons to unveil $223m UK luxury project

Chestertons, a leading international property agency, is set to unveil The Landau, a Dh821 million ($223 million) luxury development in the heart of Fulham area of London, UK, at an upcoming exhibition in the UAE. The project by M

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Investors wipe out $1.4bn off Erste's market value

Investors wiped more than one billion euros ($1.4 billion) off Erste Group's market value and took evasive action against rivals yesterday on concerns the bank's warnings about Hungary and Romania could echo across the sector.

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Damac woos Saudi investors with Hollywood offer

Damac Properties, a leading developer based in Dubai, is offering a special trip to Hollywood for all those who purchase a property at its high-end luxury tower in Riyadh. This exclusive-Ramadan package includes a visit to the stu

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Foreigners buy $4.5bn Dubai stocks in June

Dubai Financial Market (DFM), one of Arab world's leading bourses, said foreign investors bought stocks worth Dh17.2 billion ($4.59 billion) comprising 48.3 per cent of the total traded value during June. DFM said the market c

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Arabtec denies move to delist; says position strong

United Arab Emirates construction firm Arabtec said on Thursday that it had no intention of delisting from the Dubai stock market, and was seeking with market officials to establish who spread rumours that it might delist. In a br

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Arabtec seeks to calm investors

Dubai builder Arabtec Holding whose shares dropped 24 percent this week, said on Wednesday the price movement had nothing to do with its financial position and prospects. The company quoted its chief executive Hasan Ismaik as sayi

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Qatar Stock Exchange hosts key investors' meet

The Qatar Stock Exchange hosted a dinner event in London for senior representatives of sell side brokers and institutions ahead of the MSCI Emerging Markets upgrade. The event, held at the Dorchester Hotel in London, helped the bo

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HSBC's pay policy draws fire from investors

More than a fifth of HSBC's shareholders opposed the bank's pay policy yesterday in the latest show of anger that banks have not reined in bonuses enough in the wake of the financial crisis. About 21 per cent of investors

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