Shuaa plans reintroduction of Egyptian brokerage business
(The National - 30/08/2017)
Shuaa Capital, a Dubai-based investment bank, plans to reintroduce brokerage services in the Egyptian market that were suspended in the most populous Arab country after the 2008 financial crisis took toll on trading volumes. Shuaa has formally stared
Shuaa Capital in talks to re-enter Egypt
(Gulfnews - 29/08/2017)
Dubai-listed Shuaa Capital announced on Monday it was taking steps for its securities business to re-enter Egypt. In a statement, Shuaa said it has formally begun discussions with Egyptian regulators in order to reintroduce its securities business into
GFH acquires $1.2bn portfolio; land bank hits 200m sq ft
(Trade Arabia - 16/08/2017)
GFH Financial Group today announced that it has completed the acquisition of a $1.2-billion infrastructure portfolio in Africa and the Middle East. The acquisition comes as part of GFH's new strategy approved in the last shareholders' extraordinary
CBO approves merger between National Finance and Oman Orix
(Times of Oman - 15/08/2017)
National Finance Company and Oman Orix Leasing Company have received in-principle approvals from the Central Bank of Oman for their proposed merger. However, it is subject to approvals from shareholders of both firms and final approval from regulatory
Waha Capital reports lower second quarter profit
(Gulfnews - 15/08/2017)
Waha Capital, an Abu Dhabi-based investment company reported a second quarter net profit of Dh95.6 million compared to Dh130 million a year earlier. The decrease was largely due to an adjustment of Dh66.6 million against the share of income from AerCap
GFH profit jumps fivefold to $62m in first half
(Gulfnews - 14/08/2017)
GFH Financial Group reported on Sunday $62.1 million (Dh227.9 million) in net profit attributable to shareholders for the first half of 2017, marking a 440 per cent jump from the $11.5 million recorded in the same period of 2016. In the second quarter
Lootah ties up with Amlak Finance
(Gulfnews - 14/08/2017)
Lootah Real Estate Development announced their partnership with Amlak Finance PJSC through which investors of Lootah will benefit with the opportunity of doubling their property portfolio. When applying for finance support through Amlak, investors will
SHUAA Capital H1 profit soars to highest since 2009
(Saudi Gazette - 14/08/2017)
CONTINUING the streak of achievements as part of the revival of its legacy across the Middle East and North African financial sector, SHUAA Capital, the region's oldest integrated financial services firm announced its financial results for the period
Ithmaar Bank sustains profits in first half '17
(Saudi Gazette - 14/08/2017)
ITHMAAR Bank B.S.C., a Bahrain-based Islamic retail bank and a wholly-owned subsidiary of Ithmaar Holding, reported Sunday a net profit of BHD4.38 million for the first half of 2017. The net profit attributable to equity holders of the Bank for the
Investcorp aims for 10 investments across private equity, real estat
(Gulfnews - 10/08/2017)
Bahrain-based Investcorp is aiming to make 10 investments across its private equity and real estate businesses in the current financial year, Co-Chief Executive Rishi Kapoor said on a media call on Wednesday. The investments will help the company achieve
Amlak swings to net profit in second quarter
(Gulfnews - 08/08/2017)
Amlak Finance, a specialised real estate financier, has reported a net profit of Dh8.1 million for the second quarter of 2017 - compared to a loss of Dh35.5 million in the same period last year - mainly due substantial savings in operating cost and
Ithmaar Bank, CEO earn CSR awards
(Saudi Gazette - 07/08/2017)
ITHMAAR Bank, a Bahrain-based Islamic retail bank, was honored at a regional conference for its continuous support of the community and presented with the Best Corporate Social Responsibility (CSR) Award for an Islamic Bank 2017 in recognition of its
Investcorp unit acquires UK online student safety provider
(Trade Arabia - 03/08/2017)
Investcorp Technology Partners, a leading European lower middle market technology investor, today announced that it has completed the acquisition of Impero Holdings Limited for an enterprise value of £27.5 million ($36.35 million) for its fourth
Investcorp acquires online student safety provider Impero
(Saudi Gazette - 02/08/2017)
Investcorp Technology Partners, a leading European lower middle market technology investor, announced Tuesday that it has completed the acquisition of Impero Holdings Limited for an enterprise value of £27.5 million for its fourth Technology Fund. Impero
Shuaa Capital acquires 11% stake in Kuwait's Amwal
(The National - 01/08/2017)
Shuaa Capital, a Dubai-listed investment bank, bought 11 per cent of Kuwait-based Amwal International Investment as part of the firm's acquisition strategy that seeks to bolster its balance sheet. "This is one of several strategic investments that build
Dubai Investments reports net profit of Dhs480m
(The Gulf Today - 01/08/2017)
Dubai Investments has reported net profit of Dhs480 million for the six month period ended June 30th, 2017, compared to Dhs516 million in the same period last year. The company's total assets grew to Dhs16.42 billion and the total income during the
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