Middle East > United Arab Emirates > Banking / Investment

Banking / Investment in United Arab Emirates

  • Bond issuances set to continue in Sharjah this year

    UNITED ARAB EMIRATES, 2017/04/15 Corporate and sovereign offerings of both conventional and Islamic bonds are expected to maintain their momentum in Sharjah next a strong showing last year.
  • Opportunities for Gulf investors in the African market.

    UNITED ARAB EMIRATES, 2015/12/11 The Dubai Chamber of Commerce and Industry recently commissioned a study on the opportunities for Gulf investors in the African market. The research, conducted by the Economist Intelligence Unit (EIU), revealed growing commercial interests between the regions. While trade between the Gulf Co-operation Council (GCC), an economic alliance of six Middle Eastern nations, and Africa remains modest, foreign direct investment (FDI) is growing. For example, a number of African multinationals have set up their headquarters in Dubai, such as Mara Group and Atlantic Holdings. On the other side, the EIU’s research shows that between 2005 and 2014 Gulf firms injected at least US$9.3bn in FDI into sub-Saharan Africa, with a further $2.7bn in the initial half of 2015 alone. Nigeria, South Africa, Kenya and Uganda are the markets that attracted the major number of Gulf investors. However, over the same period, investment from Gulf nations into North Africa has been almost 10 times as much, illustrating closer links between the Arab regions.
  • Dragon Oil Company invested the equivalent of $4.8 billion in Turkmenistan's offshore fields

    TURKMENISTAN, 2015/11/18 The Dragon Oil Company invested the equivalent of $4.8 billion in Turkmenistan's offshore fields in the Caspian Sea, the Neutral Turkmenistan newspaper reported last week. Dragon Oil is making further investments in the Turkmen hydrocarbon fields to expand production and construct new platforms. The company signed a production-sharing agreement with Turkmenistan 15 years ago related to the development and production of oil and gas in the Cheleken arrangement area.
  • Gulf investors remain key driver in Arab Emirate’s property sector

    QATAR, 2014/03/08 The highest four per capita investment are from GCC strengthens Dubai\'s position as regional property investment hub. Qatar has the highest per capita investment in Dubai realty in 2013 (AED 6.71 million), followed by Oman (AED 5.77 million), the UAE (AED 4.56 million), KSA (AED 3.71 million), Germany (AED 2.37 million), India (AED 2.22 million) and Britain (AED 2.11 million). These figures were released in connection with the International Property Show (IPS), which will be held on 8 - 10 April 2014, supported by the Dubai Land Department (DLD). The international real estate transactions during 2013 exceeded AED 114 billion, according to the same DLD statement.
  • Barbados is at one of the most significant cross-roads in our history

    BARBADOS, 2014/03/05 Barbados is at one of the most significant cross-roads in our history. Our fiscal deficit due initially to the fallout we experienced after the 2007/08 worldwide financial meltdown has been compounded by the rapid build up of debt required to fund the fiscal deficit. There are choices made by both administrations in the past which have contributed to the situation we are in. I will not be addressing those issues as there are not pertinent to the solution recently proposed by Dr. Estwick. 
  • North Africa is Dubai’s Target

    UNITED ARAB EMIRATES, 2013/06/08 Recently North Africa region is being Dubai’s target. The reason for this is the increasing number of people and accordingly the high increasing in request for products related to health, food and banking. Dubai-based private equity firm is planning to raise 250$ million in North Africa. As well Majid Al Futtaim Holding LLC, the owner of malls and hypermarkets based in Dubai is as well purchasing the metro supermarket chain in Egypt in addition to building a mall outside Cairo.
  • Serbia Expects Emirates Investments in Hundreds of Millions of Dollars

    SERBIA, 2013/03/23 Ministers said on Friday that Serbia expects Emirates to sign investment agreements worth hundreds of millions of Dollars, which would make the Gulf Arab state one of the most important economic partners of the former Yugoslav Republic.
  • Abdullah Sultan Al Fan

    UNITED ARAB EMIRATES, 2012/12/23 “Investments in the UAE’s industries reached Dhs. 124 billion, said Abdullah Sultan Al Fan assistant undersecretary for Industrial Affairs at the Ministry of Economy. About 5,300 industrial permits were issued so far in 2012 across the UAE, he said on the sidelines of the first Sharjah International Industrial Conference. Sharjah of the key industrial hubs in the country, issued 1,505 factory licenses this year.
  • Falcon Private Bank

    UNITED ARAB EMIRATES, 2012/12/12 Falcon Private Bank is back on the acquisition trail with the Abu Dhabi-owned institution seeking to invest as much as US$4 billion (Dh14.69bn) to grow its emerging market business.The lender, which specialises in catering to high net worth individuals, is seeking to expand its reach throughout emerging markets, as governments in developed markets seek to clamp down on private banks and the industry is forced to consolidate. "We're not relying on organic growth," said David Pinkerton, the bank's chief investment officer. The bank has not named targets and says it is in no rush to make acquisitions, but is evaluating several options. "The wealth management industry globally is being forced to consolidate. There's increasing costs on the regulatory side," added Mr Pinkerton.