Bahrain Eyes 10 Year Bond

Initial price guidance for the issue, which appears to be a single-tranche deal, was at a spread of 462.5 basis points over midswaps.


KPMG Wins Best Advisory Firm

KPMG won the Award after facing stiff completion from the likes of E&Y, PwC, Cedar, Amanie, and Deloitte who were also nominated in the Best Advisory Firm category.


Bahrain expected to launch sovereign bond

Initial indications are that the expected $1.25bn, seven to 10-year tenor bond would receive strong demand in Bahrain and Saudi Arabia as banks seek to put rising liquidity to work, though broader interest may lag behind, market participants say.


GFH subsidiary exits major IT fund

A subsidiary of the Bahrainib bank Gulf Finance House, G Capital said the $50 million fund was the first Sharia’a-compliant venture capital fund established in the region.


Kuwait real estate sales rise by 50%

Total values reached $3.2 billion, and increase of 49 percent compared to the same period last year and the number of deals was 2,657, up 69 percent compared to the first quarter of 2011.


China joins the UAE Exchange Global Network

China is the one of the most active markets in foreign exchange realm and it is apt for the leading player in the business to start its retail operations here. With this move, the world’s most populous country became the latest and a major link in t