Resources
Closer look for bargain assets
Zabeel Investments, an equity investor with ties to Dubai’s ruling family, is making forays into the US property market with an eye on the opportunities available there
Arcapita seeks to get its hands dirty
The Islamic investment bank is focusing on pushing into the Middle East and Asia as its blend of private equity, real estate and infrastructure investment seeks new markets
UAE investors buy Pakistan farmland
A large Middle East private equity company has been quietly buying farmland in Pakistan as part of plans by the United Arab Emirates to increase food security and damp inflation
Beirut school targets growing bank sector
Lebanon’s ESA school is eyeing the opportunities presented by the growth of the Islamic banking industry and offering an executive masters degree in Islamic finance management
Bank opens the door to Europe
The launch of the Bank of London and the Middle East last July – before the credit squeeze – looks ill-judged. But it is not an ordinary bank – it deals in Islamic finance
Hedge funds to put down roots in Middle East
Pantera and Argent are among those that have launched regionally focused vehicles in a drive to offer hedging in markets where the tenets of Sharia law rule
Inflation proves a tough beast
As inflation has soared it has not only hit people who were supposed to benefit from the oil boom but also the governments that had promised that revenues would trickle down
NBK chief raises red flag on risk
Veteran banker Ibrahim Dabdoub believes the oil-fuelled boom can be sustained but is concerned that many regional banks lack adequate risk management skills and resources
Abu Dhabi fund seeks credit rating
Mubadala, one of Abu Dhabi’s most visible state investment vehicles, is working towards gaining a credit rating as it seeks to reduce the cost of financing
Probe into Dubai developer widens
The investigation into allegations of financial irregularities at Deyaar, a listed Dubai developer, widened this week, offering a rare public airing of corporate irregularities that insiders say are often swept under the carpet.

Middle East & North Africa - Finance






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