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George Mitton

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Coima SGR secures loan for Qatar-owned Milan project

Italian asset manager Coima SGR has arranged loans worth about €900 million ($954 million) from several banks to fund Milan's Porta Nuova project, which...

Sovereign wealth funds are going private

A third of sovereign wealth funds in a survey say they have increased their holdings of alternative assets, such as assets that are not...

Aljazira gains approval for Saudi property fund

Aljazira Capital has gained approval from the Saudi Arabian regulator to launch an exchange-listed real estate fund. The Riyadh-based company has taken advantage of rules...

VAT among several tax changes facing Gulf

The arrival of value-added tax (VAT) in the Gulf countries, scheduled for the start of 2018, is only one of several tax-related regulatory changes...

New bond group chairman hails ‘record year’

The new chairman of the Gulf Bond and Sukuk Association, a trade group that promotes fixed income investment, says 2016 was a "record year"...

New managing partner revealed at Deloitte

Law firm Deloitte has appointed Wayne Thomas as managing partner in the Middle East, replacing Humphry Hatton, who will move on to lead the...

Alkhair sells Pakistan bank stake to Al Baraka

Bahrain-based Bank Alkhair says it has gained approval to sell its stake in Pakistan's Burj Bank to the Pakistani subsidiary of Al Baraka Banking,...

Japan’s biggest bank wins Saudi licence

The Saudi Arabian cabinet has granted Bank of Tokyo-Mitsubishi UFJ a licence to open a branch in Saudi Arabia. The bank, the largest in Japan...

Kuwaiti private equity firm goes for fast food

Global Investment House has acquired a firm that operates 180 fast food restaurants in the Gulf including franchises of sandwich maker Subway. The Kuwaiti investment...

Islamic bank is largest sukuk issuer on Nasdaq Dubai

The Islamic Development Bank has listed an Islamic bond worth $1.25 billion on the Nasdaq Dubai exchange. On the exchange, the bank is the largest...

Islamic finance body offers guidance on gold

An organisation that provides standards on Islamic finance has issued a set of rulings for investment in gold and gold-backed products. The rulings by the...

Middle East-backed firms in UK property deal

Two real estate investment firms backed by Middle Eastern investors have signed a deal to buy an unbuilt set of student apartments in Southampton. Apache...
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