Saturday 18 April 2015
 
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Gulf Investment

Gulf Investment names top official

Kuwait-based Gulf Investment Corporation, a GCC-owned financial services firm, has appointed Dr Russell Read as deputy chief executive officer and chief investment officer (DCEO & CIO). Most recently, Dr Read launched C Change Investme

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GIC sells $255m sukuk in Malaysia

Kuwait-based Gulf Investment Corporation (GIC) has raised 750 million ringgit ($255 million) by selling five-year Islamic bonds at 4.90 percent, a source with direct knowledge of the deal said on Tuesday. The sukuk, which is part of a 3.5

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Syria tries to woo back Gulf investment

Syria has shed its image as a closed economy and is pushing to attract Gulf investment in the wake of the global financial crisis, Finance Minister Mohammad Al-Hussein said. A Gulf economic recovery will help boost remittances and reignit

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Ireland seeks Gulf investment

Irish officials went on a tour of the Gulf states to talk them into bringing business to recession-hit Ireland and briefed them on the country's troubled bank assets, which the central bank has said are up for sale. Ireland's Inter

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Indonesia eyes Gulf investment in farms

Indonesia expects a six per cent rise in its milled rice harvest this year, leading to a two million tonnes surplus, and aims to attract Gulf investors to develop 'sleeping land', Agriculture Minister Suswono said. 'Growth is 6

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Gulf fund posts 11pc growth

Kuwait-based Gulf Investment Corporation (GIC), an investment banking and asset management services provider, has achieved a year-to-date return of 11.49 per cent. The fund, which is owned by the six GCC governments, has recorded a growth

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Gulf investment in the Middle East 'waning'

Middle Eastern economies reliant on Gulf capital inflows for booming economic growth are seeing a drop in investment. This follows the global financial crisis that has curtailed investors' appetite for the region, banker

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GCC states invest more in Syria

Syria is seeing more foreign investment from GCC states every year and the US sanctions are hardly having an impact on the economy, a report said. Abdullah Dardari, Syria’s Deputy Prime Minister for Economic Affairs, was quoted by the

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Gulf investment in Asia 'growing'

Globalisation, economic synergies and changing risk appetites are resulting in expanded Gulf investment into Asia. That is the view of an Economics Intelligence Unit research report, sponsored by Bahrain-based Arcapita Bank, which examines

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