Arcapita Bank, the international investment firm headquartered in Bahrain, on Wednesday said that it had swung back into the profitability after two challenging years of business. The bank which held its board meeting reviewed the improving outlook for the bank [...]
Newly-released figures from Knight Frank show that London’s West End overtook Tokyo as the most expensive location in the world in which to rent office space during 2010. The figures are revealed by Knight Frank’s Global Real Estate Markets Annual [...]
With local projects representing 24 per cent of the entire GCC’s building construction activities, the UAE continues to rank among the region’s top construction markets. Contracts worth around $ 27 billion were awarded in 2010, with 2011 expected to see [...]
The Sharjah Investment and Development Authority (Shurooq) has unveiled a major tourism initiative with nine projects to be completed by 2015. Shurooq, which participated in the ATM 2011, has received a large number of important visitors, including elite businessmen and [...]
Gatehouse Bank plc (Gatehouse), a wholesale Shariah compliant investment bank in the City of London, has completed the £52,700,000 acquisition of the Rolls-Royce core manufacturing and logistics facility in Scotland. Delivering an annual cash yield of 8%, or £4.8 million [...]
Fresh headwinds are gaining force in Europe’s real estate markets, said Standard & Poor’s Ratings Services in a report published on Wednesday. Fiscal retrenchment in many countries, especially in the UK, Spain and France, will likely prompt potential buyers to [...]
Standard & Poor’s Ratings Services downgrade of the Republic of Portugal to ‘BBB-’ on March 29 created one new fallen angel and added six Portuguese companies plus the Republic of Portugal to the list of potential fallen angels, said a [...]
