investment
The sale was conducted by auction at the Kuwait Stock Exchange Market (KSE) and run by Merrill Lynch, the first time an international institution manages such a transaction in Kuwait.
Dubai Investments Park (DIP) has invested more than AED 1 billion in the hospitality sector as it aims to address the increasing demand for quality hotel facilities in Dubai.
As the new investment head, Power will manage the conglomerate’s private equity investment through capital participation in its partner companies and initiate new projects through joint ventures in the manufacturing, education, healthcare and services sectors.
The right way to invest in property
Women-only investment company closes 2 successful funds and announces its joint venture with The National Investor.
FLEXCUBE for Islamic Banking provides a back-office processing environment for Islamic financial products.
The company reported a 27 per cent lift in its net profit to AED 65,308,527 on a turnover of AED 80,896,564 for the year ended 31 March 2007.
Announcing the 5th edition of the Resale & Rental Property Show – due to be held in September 2007 – DSL Exhibitions’ spokesperson says separate body to monitor activity in the secondary property market is needed.
SOLIDERE’s equity percentage from the 11 millions shares of the new Company is 37.2%. SOLIDERE INTERNATIONAL LTD had completed successfully a private placement to raise US$ 700 million and to bring-in new investors and strategic partners.
Sakana Holistic Housing Solutions is to offer Bahrain’s highest ever mortgage credit of BD1.25 million (approximately U$3.30 million) breaking all existing mortgage barriers.
Gulf Capital Pvt. JSC (“Gulf Capital”) has announced that it has been granted an Investment Company License from the UAE Central Bank.