Bahrain

Dubai Group subsidiary Dubai Ventures Group has paid US$76.9mn to become Acacia Real Estate Limited's largest stakeholder. It announced on September 29 that it now holds a 51% stake... 2008-10-01

On September 14 Dubai Group announced that it has become a founding shareholder in Mazaya Saudi. The group purchased a 20% stake in the Saudi Arabia-based real estate developer via... 2008-09-17

Bahraini investment agencies Mumtalakat Holdings and Investment Corporation Dubai (ICD) are set to take the next step in the metamorphosis of sovereign wealth funds, with both now... 2008-08-14

Bahraini investment agency Mumtalakat Holdings and Investment Corporation Dubai (ICD) have shown that Gulf sovereign wealth funds (SWFs) will continue to stay front and centre, with... 2008-08-14

Bahrain-based Arcapita Bank has agreed to become joint partners with Singapore's Mapletree Investments in a private real estate fund, Mapletree Industrial Trust (MIT). Arcapita has... 2008-07-02

Kuwait's Global Investment House (GIH) announced on June 17 that it plans to list its private equity fund Global MENA Financial Assets on the London stock exchange. GIH plans to... 2008-06-19

Yemen's Tadamon Islamic Bank (TIB) has received a licence to set up international banking operations in Bahrain. The company has created a subsidiary, Tadamon Capital Bank, which... 2008-05-07

Kuwait's Global Investment House, an asset management and investment banking company, announced on April 22 that it will sell 355mn shares to investors. The share sale will raise... 2008-04-25

Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole... 2008-02-26