The UAE market rally was driven by the real estate and telecom sectors; with key players such as Emaar Properties gaining 16.7% and Etisalat and DU gaining 12.0% and 14.4% respectively.
Concerns over Saudi banks’ …Read full article » United Arab Emirates: Tuesday, October 13 - 2009 @ 13:16
Core banking operating revenues exceeded investor expectations despite the booking of higher loan loss provisions. These results indicate that there is potential for improved bank earnings for the second half of 2009. The UAE was …Read full article » United Arab Emirates: Sunday, August 09 - 2009 @ 12:39
Arabtec and DFM led the rally in Dubai ending the month higher by 32% and 43% respectively. Dubai listed real estate names also returned to the scene with Emaar and Union Properties gaining 5% and …Read full article » United Arab Emirates: Monday, March 09 - 2009 @ 14:34
The Orion MENA Fund is designed to give investors access to the attractive Middle Eastern and Northern African equity markets.
Swiss Orion Funds AG (SOF) signed Rasmala Investments, an investment company focused on asset management …Read full article » United Arab Emirates: Wednesday, June 28 - 2006 @ 08:19
The iHilal Sharia Compliant Global Equity Opportunity Fund (iGEO) is managed by iHilal Financial Services, a subsidiary of Rasmala. iGEO has appointed Rasmala as Investment Advisor whereby Rasmala will be responsible for the ongoing asset …Read full article » United Arab Emirates: Sunday, February 11 - 2007 @ 11:46
The report advises that this change of position is justified by the UAE’s oversold position and by greater visibility on restructuring. However, caution is still required as there are still hurdles ahead. Following 3Q10 results, …Read full article » United Arab Emirates: Monday, September 27 - 2010 @ 09:59
The Fund is a fund-of-funds that uses a dynamic multi-manager, multi-country and multi-strategy approach to invest in the MENA equity markets. Since its inception in August 2006 it has generated an annualized return of 30.6% …Read full article » United Arab Emirates: Monday, June 09 - 2008 @ 13:43
Investor sentiment led to indiscriminate selling with little attention paid to valuations, profit growth or the presence of foreign investors. It was also affected by large oil price losses from their June 2008 peak of …Read full article » United Arab Emirates: Wednesday, October 15 - 2008 @ 13:57
The high demand for exceptional real estate projects in the GCC markets, especially within the Dubai office real estate market, and the high selling prices and rents as well as the high occupancy rates have …Read full article » United Arab Emirates: Saturday, December 16 - 2006 @ 13:15
Concerns about slow economic growth were balanced by expectations that the US Federal Reserve would take further steps to stimulate the economy in its quantitative easing decision in early November.
On …Read full article » United Arab Emirates: Wednesday, November 03 - 2010 @ 16:13