» investment
investment
The booming United Arab Emirates is to allow foreigners to own a full 100 percent of local companies, up from 49 percent now, the economy minister was quoted as saying on Tuesday.
Institutional investors have become increasingly worried about inflationary pressures and are bracing themselves for higher long-term and short-term interest rates, according to Merrill Lynch’s Survey of Fund Managers for June.
Emirates has announced a multi-million dollar programme that will cement its leadership in providing “best in the air” travel experiences in all classes.
South Korea's Samsung Electronics said Friday it has opened a giant plant at Austin in Texas, to supply US customers with the most advanced memory chips used for various mobile devices.
Penn National Gaming, a US casino and horsetrack operator is betting its future on a takeover bid from private equity funds Fortress and Centerbridge for nearly nine billion dollars.
The passenger ship will be berthed at a man-made island off the coast of Dubai and turned into a luxury hotel from 2009, Istithmar, the investment arm of the state-owned Dubai World development company.
DIFC Investments LLC has listed a $1.25 billion Sukuk on the Dubai International Financial Exchange (DIFX), taking the total value of Sukuk listed on the exchange to $10.43 billion, the highest of any exchange worldwide.
Tamweel PJSC will enter into a USD 220 million asset-backed issuance of notes, in which the senior notes are expected to be assigned a rating of Aa2 by Moody’s Investors Service and AA by Fitch Ratings Limited.
An international trade union body on Friday urged governments to clamp down on the activities of private equity funds, describing them as "shameless" and hostile to workers.
The investment will facilitate Al Nouran Holding’s establishment of a fully-owned sugar production facility.
GBCORP will offer an extensive portfolio of personal and corporate Islamic investment products backed by a dedicated team of experienced investment banking professionals.