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Investment & Insurance Services News



Zabeel makes initial move to buy Charlton Athletic
Sat, 11 Oct 2008 01:59 PM


Charlton Athletic could become the latest English club to have foreign owners after receiving an indicative offer from a group of Dubai-based investors. The London-based club, who currently lie 14th in the Championship having been relegated from the Premier League in 2007, are the subject of an offer from Zabeel Invest...




Zabeel makes initial move to buy Charlton Athletic

Sat, 11 Oct 2008 01:59 PM

Charlton Athletic could become the latest English club to have foreign owners after receiving an indicative offer from a group of Dubai-based investors. The London-based club, who currently lie 14th in the Championship having been relegated from the Premier League in 2007, are the subject of an offer from Zabeel Invest...




New investment firm signs first China deal

Sat, 11 Oct 2008 01:59 PM

A new Shariah-compliant investment company was launched on Saturday with the aim of raising an initial $200 million from predominantly Gulf-based investors. Amara Holdings Inc will focus on pre-IPO, private equity and private placement opportunities predominantly in China, as well as the MENA region and India. <br /><a...




First CyberKnife in Saudi Arabia to be Installed at Prestigious King Faisal Specialist Hospital and Research Center

Wed, 08 Oct 2008 01:36 PM

King Faisal Specialist Hospital, the leading medical institution in Saudi Arabia, has the largest cancer treatment facility in the Gulf region and was established to become the premier international center for cancer research in prevention and treatment.




Mideast markets to outperform rest of world

Tue, 07 Oct 2008 01:44 PM

Middle East real estate markets will outperform all other regions over the next couple of years, with the UAE and Saudi Arabia leading the charge, according to a survey of investor sentiment released on Tuesday. The survey by real estate consultancy Jones Lang LaSalle found more than 50 percent of respondents believe r...




The American University in Dubai Grants US$26million in Scholarships to Media and Journalism Students at its Mohammed Bin Rashid School for Communication

Mon, 06 Oct 2008 08:36 PM

The American University in Dubai (AUD) announced at the Clinton Global Initiative (CGI) Annual Meeting that it has made a commitment to offer US$26million in scholarship funds to outstanding students in financial need all over the Middle East. These scholarships will help students attend The Mohammed Bin Rashid School ...




The Second Annual Circle Conference Launches in Abu Dhabi

Mon, 06 Oct 2008 10:36 AM

- Antonio Banderas, Spike Lee and McG to Present Master Class Sessions




Kuwait Petroleum Corp 'planning $74bn projects'

Sun, 05 Oct 2008 01:06 PM

Kuwait Petroleum Corp (KPC), the Gulf Arab state's top state oil company, plans investments and projects worth 20 billion dinars ($74.85 billion) in the next five years, an official said on Sunday. The investment figure is higher than an earlier estimate given by Kuwait's Oil Minister Mohammad al-Olaim, who said in Jun...




Nakheel shelves $760m REIT sale plan

Thu, 02 Oct 2008 01:51 PM

Developer Nakheel has shelved plans to sell as much as $760 million in real estate investment trusts until stability returns to international markets. The state controlled developer of Dubai’s Palm islands had planned two major real estate investment trust sales in the first and fourth quarters of 2008. <br /><a target...




Achievo to Assist Applications Migration and Solutions Development for Banking, Insurance and Financial Services in the Middle East

Tue, 30 Sep 2008 03:37 PM

"Achievo has a strong track record around technologies that support the automation of financial processes, including successful projects for some of Canada's leading financial services organizations," said Nestor G. Cruz, general manager of Achievo's North America Business Group. "Achievo has implemented technologies t...




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