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Investcorp acquires cyber security firm
(Trade Arabia - 29/06/2016)

Bahrain-based Investcorp, an alternative investment manager, yesterday announced it is acquiring Coresec Systems AB, one of the largest managed cyber security ?service providers in Scandinavia, reported the Gulf Daily News,our sister publicat

Bahrain Liquidity Fund’s seed investors revealed-SICO
(Saudi Gazette - 29/06/2016)

Securities & Investment Company (SICO), the Investment Manager for the Bahrain Liquidity Fund, announced Tuesday the names of the seed investors in this newly-launched fund. The four seed investors, who are prominent Bahrain-based financial institutions,

Investcorp agrees to buy Coresec Systems
(Saudi Gazette - 28/06/2016)

Investcorp, a global provider and manager of alternative investment products, together with its portfolio company SecureLink Group NV, announced on Monday an agreement to acquire one of Scandinavia’s largest managed cyber security ?service providers,

Jadwa Investment annual Achievement Awards
(Saudi Gazette - 26/06/2016)

Jadwa Investment , a leading Saudi Arabian investment management and advisory firm, has been awarded the “Best Private Equity House in the Middle East” by EMEA Finance as part of their annual Achievement Awards ceremony held recently in London. The award

Investcorp launches innovation contest for students
(Trade Arabia - 26/06/2016)

Investcorp, a global provider and manager of alternative investment products, has launched a new competition that aims to stimulate innovative thinking amongst students across Bahrain. The Investcorp-sponsored student innovation contest will encourage

Waha Capital secures financing for Almarkaz expansion
(The National - 23/06/2016)

Abu Dhabi’s logistics hub Almarkaz expects to expand next year after its owner Waha Capital bagged a Dh426 million financial package. The investment company’s subsidiary Waha Land signed the deal with Emirates Islamic Bank for the development, the Abu

GFH confirms plans to develop property portfolio
(Gulfnews - 22/06/2016)

GFH Financial Group, the Bahrain-based company, confirmed on Tuesday it is planning to undertake development of its real estate portfolio in Bahrain and Dubai under a specialised company called GFH Real Estate. The subsidiary will have initial assets and

Investcorp buys menswear maker Corneliani
(Arab News - 22/06/2016)

Investcorp Bank BSC, a Bahrain investment house that made its mark in the 1980s with buyouts of high-end retailers Gucci Ltd. and Tiffany & Co., said it purchased a 55 percent interest in luxury Italian menswear maker Corneliani SpA. It bought the stake

KFH-Bahrain finances construction of 3,000 residential units projects
(Arab Times - 21/06/2016)

Kuwait Finance House (KFH) supports the initiatives that meant to attract innovative projects, boost the economy in the Kingdom of Bahrain and contribute in offering ideal housing to the Bahraini citizens. Such projects will be constructed to the highest

Ithmaar Bank continuously backs WIBC
(Saudi Gazette - 15/06/2016)

ITHMAAR Bank, a Bahrain-based Islamic retail bank, announced Tuesday its support for a major international Islamic banking conference that will be held in Bahrain later this year. The World Islamic Banking Conference (WIBC), which will be hosted in

Al Madina to approve changes in treasury stock
(Gulfnews - 13/06/2016)

The extraordinary general assembly meeting of Al Madina For Finance and Investment will approve amendments to the company’s statute, such as allowing the company to buy and sell its treasury stock equal to 10 per cent of its shares issued at market

GFH to buy $65m real estate assets in the US
(Saudi Gazette - 13/06/2016)

GFH Financial Group would like to inform its shareholders and the markets that its Dubai-based subsidiary GFH Capital Limited (GCL) has signed an agreement to acquire a portfolio of industrial real estate located in the United States for an approximate

Ministry of State for Youth Affairs honors KFH
(Arab Times - 12/06/2016)

Ministry of State for Youth Affairs honored Kuwait Finance House (KFH) for its participation in the “Youth Week” that had been organized by the Ministry under the theme “Success Partners”. The recognition affirms KFH’s commitment towards achieving its

DBG to sell its SHUAA 48.36% stake to ADFG
(Saudi Gazette - 12/06/2016)

Dubai Banking Group (DBG), a subsidiary of Dubai Group, and Abu Dhabi Financial Group (ADFG) have reached an agreement whereby DBG will sell its 48.36% interest in SHUAA Capital PSC to ADFG. The completion of the sale is subject to regulatory approvals.

Dubai Group to sell Shuaa stake to ADFG
(The Gulf Today - 09/06/2016)

Dubai Banking Group (DBG), a subsidiary of Dubai Group, and Abu Dhabi Financial Group (ADFG) have reached an agreement whereby DBG will sell its 48.36 per cent interest in Shuaa Capital (Shuaa) to ADFG. The completion of the sale is subject to regulatory

DIC plans investment funds for healthcare and education
(The National - 06/06/2016)

Dubai Investments is considering making investments in health care and education as demand for assets in the space grows. It plans to set up two funds in partnership with Al Mal Capital worth Dh1 billion each to acquire property in the space. Dubai

Al Baraka signs deal with bourse
(Gulf Daily News - 02/06/2016)

An agreement was signed between Bahrain Bourse (BHB) and Al Baraka Banking Group (ABG) to assign Bahrain Bourse as share registrar for the company. The agreement was signed by Bahrain Bourse chief executive Shaikh Khalifa bin Ebrahim Al Khalifa and Al