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Investcorp acquires stake in advisory firm AlixPartners

(Trade Arabia - 28/02/2017)

Investcorp, a global provider and manager of alternative investment products, has completed its acquisition of a stake in AlixPartners, a leading global financial and operational consulting firm. Investcorp acquired its stake in AlixPartners alongside a

DFM to hold general assembly meet on March 13

(Gulfnews - 27/02/2017)

Dubai Financial Market (DFM) said on Sunday it plans to hold its annual general assembly on March 13. The general assembly will discuss special resolution seeking an approval for executing deals with related parties, the DFM said in a statement posted on

Shuaa's full year revenues stand at Dhs173.8m

(The Gulf Today - 14/02/2017)

Shuaa Capital on Monday announced results for the full year of 2016. Revenues for the full year stood at Dhs173.8 million. For the fourth quarter of 2016, the company reported revenues of Dhs35.1 million down from Dhs 40.1 million quarter on quarter.

GFH closes subscription in AMA Int'l

(Saudi Gazette - 12/02/2017)

GFH Capital, the DIFC subsidiary of GFH Financial Group, announced Saturday the successful closure of the subscription in AMA International Investments?,? which was recently launched in December 2016?,? with a value reaching $50 million. The AMA

DFM's 2016 net profit almost flat

(Gulfnews - 07/02/2017)

Dubai Financial Market, the region's only listed bourse, said on Monday its net profit for 2016 fell by a marginal 3 per cent. Net profit for the year to December fell to Dh253.5 million for the year 2016, compared to Dh261 million in 2015. Total

Gulf Finance House 2016 net profit jumps nearly 20 folds

(Gulfnews - 06/02/2017)

Gulf Finance House (GFH) on Sunday posted a solid set of fourth quarter and 2016 results, with net profit jumping to $233.05 million in 2016, a near 20-fold increase. Revenues also jumped $578.96 million last year compared to $87.99 million in 2015. The