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Abu Dhabi’s Mubadala, France’s CDC Launch 300m Euro Investment Fund

The investments will mainly target equity stakes in private companies as well as other asset classes including real estate or infrastructure.

Gulf Capital To Sell Rest Of GMS Within Two Years

Gulf Capital floated approximately 40 per cent of its holding in Gulf Marine Services on the London Stock Exchange earlier this month.

Etihad-Air Serbia Deal Gets Regulator’s Nod

Etihad’s chief executive confirmed that the initial loan of $40 billion to Air Serbia will be converted to equity.

Nakheel Announces Two New Shopping Malls In Jumeirah Village

A one million sq ft mall in Jumeirah Village Triangle will feature a 15-screen cinema, a hypermarket and entertainment options.

Deutsche Bahn Joins Etihad Rail In UAE Railway Venture

The JV, Etihad Rail DB, will manage operations for the first stage of the railway.

Saudi Arabia Hanco Consortium Buys Rental Firm Byrne

Saudi Arabia’s Hanco and Bahrain’s Venture Capital Bank bought Byrne for around Dhs600 million.

Egypt’s Naeem Holding To Cross-List On Abu Dhabi Exchange

The company has given no details of the timing or size of the listing.

Dubai International Handles 5.6 Million Passengers In February

Dubai on track to overtake London Heathrow as the world’s premier international passenger airport by 2015

Abu Dhabi’s TAQA Projects Capex Of $2-2.5bn In 2014

TAQA’s chief executive told media that the firm’s capex will be “a little less than in 2013”.

Dubai Aims To Attract 500,000 Medical Tourists By 2020

Dubai’s medical tourism strategy will be carried out in phases with the first stage lasting till 2016 and the second till 2020.

UAE May Soon Approve New Companies Law, Minister Says

The new law contains articles seeking to make limited liability and joint stock companies simpler to manage and more attractive to investors.

Dubai’s Ithmar Eyes Dhs1bn Of Gulf PE Deals

The company is looking at deals in healthcare and education.

Millennium To Open 11 Hotels Across The Gulf In 18 Months

The hotel chain is focussing on Saudi Arabia and the UAE with four hotels apiece.

Dubai Lender Amlak’s Bourse Suspension To Be Lifted

Trading in shares of Amlak was suspended in November 2008 as credit markets dried up.

Dubai-Based Souq.com Raises $75m Funding From Naspers

The e-commerce site will invest the amount in boosting technology and improving its mobile offering.

First Gulf Bank Names ANZ, HSBC, Nomura For Debut 5-Yr Kangaroo

The five-year deal will be only the fourth Kangaroo transaction from a Middle Eastern bank.

Saudi Market Recovers, Hits Five-Year High

The Saudi index, which includes several large petrochemical companies, eased throughout last week as oil prices retreated.

Christie’s Watch Auction In Dubai Nets Over $3m

A Patek Philippe men’s wristwatch, set with 42 emeralds, fetched the highest price at $341,000.

New Affordable Nokia X With Android Apps Launches In The UAE

Priced at Dhs439, the device is part of the new Nokia X family of affordable smartphones.

Emirates To Drop Clark International In The Philippines

Dubai carrier makes unusual move and decides to drop new route

Dubai Investments To Lift Foreign Ownership Cap To 35%

Foreign investors now hold 13.7 per cent of Dubai Investments’ shares out of the total 20 per cent allowed, bourse data showed.

Dubai’s Emirates Reit Sets IPO Price Range At $1.36-1.56

The company will issue as many as 110.3 million new shares with an over-allotment option of 16.5 million additional shares.

Dubai Introduces Real Estate Contracts To Regulate Transactions

The new agreements will help avoid problems that arise from misinterpretation of the documents, a statement said.

UK Private Equity Firm CD&R Frontrunner For Dubai-Owned Mauser -Report

If it goes ahead, the sale of Mauser would be one of the largest asset disposals by the emirate since its debt crisis in 2009.

Air Berlin To Be Delisted; Etihad To Lift Stake – Report

Air Berlin needs to remain German so as not to lose its traffic rights outside the European Union, a German weekly reported.

The Long Term View On Dubai’s Property Market

Dubai real estate prices could triple by 2020, writes Peter Cooper.

Dubai Considers Rule Change To Lure More Domiciled Funds

Only nine funds have been domiciled in the DIFC since its current funds regime was introduced in 2010.

Dubai-Based Digital Media Firm Bags $5m Investment

Paris-based Webedia has bought a majority stake in digital media firm Diwanee.

GrowthGate Capital Plans Dubai IPO For Logistics Firm

The share sale is expected to take place on Dubai Financial Market around the end of this year.

Abu Dhabi’s Masdar Appoints Al Jaber As Chairman, Announces New CEO

Ahmad Belhoul, the CEO of Strategy at Dubai’s Department of Tourism and Commerce Marketing, has been appointed as Masdar’s new CEO.