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Markaz renews its partnership with Loyac to nurture Kuwaiti talents
(Arab Times - 28/04/2016)

As part of its strategy to build human capacity in order to enable and maintain a sustainable future, Kuwait Financial Centre K.P.S.C “Markaz” renewed its annual partnership with Loyac. This partnership affirms Markaz’s continuous commitment to

KFH discusses opportunities for cooperation with IDF prez
(Arab Times - 24/04/2016)

Chief Strategy Officer at Kuwait Finance House (KFH) Eng Fahad Khaled Al-Mukhaizeem discussed opportunities for cooperation with Dr Shaukat M. Sadikot, the president of the International Diabetes Federation (IDF). Increasing the awareness of diabetes and

Investcorp sells cyber security firm for $360m
(Trade Arabia - 21/04/2016)

Investcorp, a global provider and manager of alternative investment products, has agreed the sale of CSIdentity (CSID) to Experian, a global information services company, for an enterprise value of $360 million. The transaction is subject to standard

Kuwait Finance House Q1 profit up 14pc
(Trade Arabia - 21/04/2016)

Kuwait Finance House (KFH) reported a 14 per cent rise in first-quarter net profit according to a statement on Wednesday, as the country's biggest Islamic lender set aside less cash for bad loans and recorded lower expenses. Net profit rose to KD34.1

Finance House AGM approves 10 per cent cash dividend
(Press Release - 19/04/2016)

Finance House P.J.S.C (FH) shareholders approved the payout of a cash dividend of 10 per cent of its paid-up capital for the year ended 31 December 2015, at its Annual General Meeting. For the year ended 31 December 2015,(FH) has reported a consolidated

Investcorp announces the sale of CSID for $360 million
(CPI Financial - 19/04/2016)

Investcorp today announces it has agreed the sale of CSIdentity (CSID) to Experian, a global information services company, for an enterprise value of $360 million. The transaction is subject to standard regulatory approvals. Founded in 2006 and

GFH outlines growth plans to investors
(Gulf Daily News - 19/04/2016)

GFH Financial Group (GFH) yesterday organised an investor awareness session in collaboration with Bahrain Bourse (BHB), to present the group’s future prospects to current and potential investors. The awareness session with investors, brokers and

Dubai Investments approves 12% cash dividend of Dh485m
(Gulfnews - 14/04/2016)

Dubai Investments is issuing a 12 per cent cash dividend (totalling Dh485.9 million) following shareholders’ approval at the annual general meeting on Wednesday evening. The company, which is now expanding its operations into Saudi Arabia, had reported

IIRA reaffirms fiduciary ratings of GFH Financial Group
(CPI Financial - 13/04/2016)

Islamic International Rating Agency (IIRA) has reaffirmed the international scale ratings of GFH Financial Group BSC (‘GFH’ or ‘the bank’) at ‘BB/B’ (Double B / Single B) and national scale ratings at ‘BB+(bh)/B(bh)’ (Double B Plus / Single B) with a

Kuwait awards projects worth KD 10 billion in 2015: Markaz
(Arab Times - 13/04/2016)

The rise in projects is an indicator of a “strong sign of growth,” he added in a lecture organized by Kuwait Economic Society (KES) on “the impact of 2014-15 State procurement on Kuwaiti financial sector.” He noted that the aggregate value of projects

Dubai Financial Market Awarded Networking Project of the Year 2015
(Press Release - 12/04/2016)

The Dubai Financial Market (DFM), the leading exchange in the region, powered by Avaya’s SDN FX fabric networking technology, has been awarded ‘Network Project of the Year 2015’ at the Network World ME Awards which took place on the 28th of March, 2016.

SICO backs investment conference
(Gulf Daily News - 11/04/2016)

Bahrain-based Securities & Investment Company (SICO) yesterday announced that it is a silver sponsor of the CFA Institute Middle East Investment Conference (MEIC), to be hosted by CFA Society Bahrain on Wednesday at The Ritz-Carlton Bahrain. The MEIC is

Investcorp hosts leadership program for young Arab business leaders at
(CPI Financial - 11/04/2016)

This year’s edition of the Investcorp Leadership Program was specifically designed by Investcorp and Oxford Saïd to equip the next generation of Arab professionals with the leadership, innovation and management skills necessary to succeed against the

GFH AGM hears progress on flagship real estate projects
(CPI Financial - 07/04/2016)

Bahrain-based GFH Financial Group held its AGM on 5 April 2016. Dr. Ahmed Al-Mutawa, Chairman of GFH Financial Group’s Board of Directors, said, "2015 was a positive year for GFH, despite challenging market conditions. It was encouraging to see the

KAMCO ranked first in Kuwait for managing issuances of bonds
(Arab Times - 06/04/2016)

KAMCO Investment Company, a leading investment management company with more than $11 billion in assets under management, and winner of World finance “Best Investment Management Company in Kuwait 2015 Award’, was ranked among the top 15 international lead

MEAHCO raises SR12b from IPO
(Saudi Gazette - 05/04/2016)

MIDDLE East Healthcare Company (MEAHCO) has successfully closed the initial public offering (IPO) of the shares that owns and operate the Saudi German Hospitals, the largest hospital brand in the region. The IPO of MEAHCO involved the sale of 27.61