RBS ends Rasmala partnershipRoyal Bank of Scotland (RBS) has ended a tie-up with Dubai's Rasmala Investment Bank to provide equity research on Middle Eastern companies, the UK lender said. Several global investment banks, including Credit Suisse and Japan's N More… |
EIIB acquires 35pc stake in RasmalaEuropean Islamic Investment Bank (EIIB) is to invest $16 million over 12 months in Dubai-based Rasmala Holdings via a financing facility convertible into shares representing about 35 per cent of the group's enlarged capital. Rasmala ch More… |
UK Islamic bank eyes 30pc Rasmala stakeUK-based European Islamic Investment Bank (EIIB) is in talks to acquire a 30 per cent stake in Dubai-based Rasmala Investment Bank, two sources with knowledge of the matter told Reuters on Thursday. The acquisition, which is set to be More… |
Focus on investment opportunites in PalestineThe investment opportunities available in Palestine and the dynamic nature of its economy were highlighted at an event in Abu Dhabi recently. Rasmala Investment Bank (Rasmala), along with the Palestinian Business Council and Al Arabi inves More… |
Rasmala in potential sale talks: sourcesRasmala Investment Bank is seeking the potential sale of its business and has reached out to several regional players to gauge interest, two sources told Reuters. Dubai-based Rasmala, which counts Deutsche Bank among its shareholders More… |
Emaar ‘may seek near-term debt refinancing’Emaar Properties may refinance some of its debt in the near term, with repayments worth Dh6.7 billion ($1.8 billion) coming up between the second half of 2011 and next year, investment bank Rasmala said on Wednesday. The builder of the tal More… |
Rasmala to shut UAE retail brokerageInvestment bank Rasmala is to shut its retail brokerage operations in the UAE as part of a restructuring programme begun in November last year, an internal document seen by Reuters showed. Rasmala will now focus solely on institutional bro More… |
Rasmala PE fund eyes Saudi investmentsDubai-based investment bank Rasmala Investments plans to spend about one-third of proceeds from a planned private equity fund for investments in Saudi Arabia within the next four years, its chief executive said. Rasmala plans to close this More… |
Rasmala plans $133m Saudi property fundDubai-based investment bank Rasmala Investments is setting up a SR500 million ($133.3 million) Islamic property fund to tap opportunities in mid-income housing in Saudi Arabia. The kingdom has set aside about $100 billion to boost infrastr More… |
Rasmala makes key appointmentsRasmala Investment Bank Limited (Rasmala) has announced the appointment of Husam Kutaifan as head of corporate finance and Michael Kidd as head of Private Equity. Prior to joining Rasmala, Kutaifan served as the head of mergers and acquisi More… |








