Sunday 26 May 2013
 
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Apicorp posts $109m profit in 2012

The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the ten members of the Organisation of Arab Petroleum Exporting Countries, said it has registered a net profit of $109 million for 2012, the highest

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Egypt gets $3bn Qatari fund at 3.5pc

Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem

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Egypt gets $3bn Qatari fund at 3.5pc

Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem

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Warburg Pincus closes $1.2bn global fund

Warburg Pincus, a leading global private equity firm focused on growth investing, has announced the closing of a $11.2 billion global fund, which witnessed active participation from a lot of  number of Middle Eastern investors.  

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NBAD fund to distribute 4.47pc dividend

The National Bank of Abu Dhabi’s (NBAD) said its cautious income fund will distribute 4.47 per cent annualised dividends to the shareholders  fllowing the fund's impressive performance. The Cautious Income Fund, lau

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Barings to launch frontier markets fund

Baring Asset Management (Barings), a global investment management firm with offices, clients and business lines spanning the world's major markets, has announced plans to launch a new fund for frontier markets. The Baring Fron

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Sedco Capital plans Islamic equity, funds

  Jeddah-based investment firm Sedco Capital aims to expand its range of Islamic funds to more than 15 by year-end, a sign of improving financial market sentiment and changing investor attitudes in Saudi Arabia. &nbs

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Doha summit approves $1bn for Jerusalem

  The Arab League on Tuesday approved a Qatari proposal to set up a $1 billion fund for Arab East Jerusalem, which Palestinians want as the capital of an independent state under any peace deal with Israel.  

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Dubai firm in deal to fund South Sudan projects

Dubai-based Emirates Capital, a European merchant bank has reached an agreement with GPS3 Investments to finance the development of major projects in partnership with the Republic of South Sudan, through a first of its kind strategic development

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Qatar bid for Marks and Spencer denied

  Qatar Holding, the investment arm of the Gulf state's sovereign wealth fund, is not considering a bid for British retailer Marks & Spencer, a source close to the fund said on Monday.   Sha

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