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- Gulf Bank continues to attract young Kuwaiti talent and professionals
- Aayan Leasing and Investment acquires a strategic stake in DAWI app
- Government Measures Bring Down Inflation in Saudi Arabia to 2.2% in September
- IMG urges countries to keep trade as engine of growth
- KIPCO recognized by Forbes Middle East for continued sustainability excellence
- Aramco Chief Warns of Global Oil Shortage if Industry Fails to Invest
- Alec Holdings debuts on DFM in largest-ever construction sector IPO
- flynas launches first dedicated kids, family check-in service at Jeddah Airport
- Qatar-UAE investment opportunities meeting discusses enhancing coop' relations
- Kuwait opens real estate sector to listed firms, investment portfolios
27/03/2018 05:46 AST
Ajman Bank has signed a Memorandum of Understanding (MoU) with GII-REIT, through which the bank will offer the investment in the fund to its customers. GII-REIT is the first real estate investment trust belonging to Gulf Islamic Investments (GII). Hani Sabri, Head of Investment at Ajman Bank, said: "signing of the memorandum of understanding with GII-REIT comes within the framework of Ajman Bank's continuous endeavour to meet the needs of a diverse base of clients, through offering innovative and Sharia-compliant investment opportunities and solutions that are commensurate with the investment objectives of the clients and are in line with their capabilities to withstand the various risks.
Omar Mirza, the CEO GII Islamic REIT, mentioned they are in the process of on-boarding 6 properties in Dubai right now, across residential, commercial and industrial sectors, totalling around $200 million, and have identified a further pipeline of $350 million of high income generating properties in UAE.
So, the $50 million being invested by Ajman Bank, will get deployed immediately in purchasing some of the properties they have short listed. Almost all properties we are investing in, comes with 3 to 5 year head leases, in order to eliminate or minimise vacancy risk for the REIT.
Oman Daily Observer
17/10/2025
SAS, a market leader in data and AI; DataScience Middle East, an official SAS partner in the UAE, Middle East, Turkey and Africa and Ajman Bank PJSC, a leading financial institution in the UAE, have
Khaleej Times
13/10/2025
Ajman Bank has been awarded first place in the Medium-sized Entities category at the prestigious Nafis Awards, recognising its leading role in advancing Emiratisation and creating sustainable career
Khaleej Times
05/09/2025
Ajman Bank has announced a strategic collaboration with Franklin Templeton, one of the world's largest global asset managers with approximately $1.62 trillion in assets under management, to bring a s
Khaleej Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.50 | -0.50 (-0.13 |
| FAB | 16.24 | -0.22 (-1.34 |
| EMIRATESNBD | 25.20 | -0.05 (-0.20 |
| ADCB | 14.54 | -0.22 (-1.50 |
| ADIB | 22.34 | 0.14 (0.63 |
17/10/2025
As part of its ongoing support for youth and its continuous efforts to attract the best national talents and professionals, Gulf Bank concluded its participation and sponsorship of the "My Job" caree
Kuwait Times
17/10/2025
Aayan Leasing and Investment Company has announced that one of its subsidiaries has acquired a strategic stake in Fresh Minds, the owner of the "Dawi" application - a leading digital healthcare platf
Kuwait Times
17/10/2025
KIPCO - Kuwait Projects Company (Holding) - was recognized by Forbes Middle East for the third consecutive year for its continued commitment to advancing sustainability and governance practices acros
Kuwait Times
17/10/2025
The head of Saudi Aramco, Amin Nasser, has warned of a global oil shortage on the horizon, after a decade in which the energy industry turned its back on the search for new oil.
Nasser calle
Asharq Al Awsat
17/10/2025
Alec Holdings, a diversified engineering and construction group in UAE, has announced its listing on Dubai Financial Market, thus marking UAE's largest-ever initial public offering in the constructio
Trade Arabia
Financial Information Co.
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