United Arab Emirates

CFW's view on the importance of the infrastructure sector for private equity firms continues to play out, and on December 16 Australia's Macquarie Group and the Abu Dhabi Commercial... 2008-12-22

The Dubai Mercantile Exchange received another big-name investor on October 14, when US banking giant JP Morgan Chase took a minority stake in the nascent exchange. Fresh from its... 2008-10-14

Dubai-based mortgage lenders Amlak Finance and Tamweel said on October 4 that they have entered into preliminary merger talks. Although the two companies have denied the merger has... 2008-10-09

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

It's not only Saudi Arabia's real estate sector that is attracting attention, Egypt's EFG-Hermes announced on September 16 that it bought a stake in the UAE's Gulf Housing Solutions... 2008-09-17

On September 2, Dubai Islamic Bank (DIB) announced that it will buy a majority stake in the Industrial Development Bank of Jordan (IDB), a strategic investment that will pave the... 2008-09-03

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

Dubai Mercantile Exchange Ltd (DME) has announced that it will sell a 20% stake to a number of minority investors, including Goldman Sachs Group. DME is a joint venture between state-controlled... 2008-08-12