The Middle East and North Africa region has become apowerful magnet for private equity investment, as the totalnumber of capital raised reached $4.1 billion in 2006,according to insiders in this …
Category:
Banking & Finance
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The Middle Eastern Private Equity Internationalconference, held each year in the third week of March inDubai, has become the annual hotspot for the region’s PEindustry. Heads of international PE funds, …
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During a recent conference at the Abu Dhabi Central Bankattended by members of the financial sector and experts fromthe region, Europe and the US, a focus was on how to …
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Oman’s decision in early 2007 to opt out of the GCCmonetary union project has come as a blow to efforts by GCCstates to establish closer economic relations. However, thedecision was …
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Regional stock market indices Regional currency rates Doha Bank opens representative office in japan Doha Bank, established in Qatar in 1979, opened a representative office in Tokyo, Japan as part …
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Plastic is growing in the Middle East with the two leading global brands—Visa (12 million card holders) and MasterCard (undisclosed)—dominating the regional market. During the 12 months to September 2006, …
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The first deal under Solidere’s new strategy of regional activities in managing urban development projects is with the emirate of Ajman in the United Arab Emirates. Estimated at $13.6 billion, …
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It happened at an international conference promoting Islamic real estate financing last month in Amman. After a session detailing product trends in real estate financing that meet the requirements of …
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Regional stock market indices Regional currency rates Nakheel increases capital to $23 billion Nakhleel, the UAE-real estate property developer, obtained the approval of the Ministry of Economy to raise its …
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Egypt’s banking sector is set to become hotly competitive in 2007. Strong international and regional banks that have entered the market in the past two years are aggressively hunting for …