Business Weekly

Business Weekly




Arcapita income hits $362 million

July, 23 - 29, 2008
610 views

Bahrain-based Arcapita Bank announced record net income of $362.2 million for the fiscal year, which ended June 30.





Shamil examining Turkey investment

July, 23 - 29, 2008
562 views

A delegation from Shamil Bank visited Turkey to meet partners and institutional investors of its successful Bosphorus Modaraba (Modaraba), a Sharia compliant Modaraba launched last year to invest in lucrative real estate developments in Turkey.





$430m fund launched

July, 23 - 29, 2008
498 views

Khaleeji Commercial Bank announced its newest investment fund: Global Logistix Navi Mumbai Investment Company with a target capital of $430 million.





Securitisation poised to take off

July, 23 - 29, 2008
634 views

Securitisation is a relatively new concept in the GCC, but its potential is huge given the flood of quality real estate asset pools being developed.





$3 billion firm to tap booming oil sector

July, 23 - 29, 2008
537 views

Bahrain-based First Energy Bank unveiled its first major investment with the launch of a $3 billion drilling company that will exploit opportunities in the booming oil industry across the Middle East, Asia and North Africa.