Dubai ups ante in battle for Liverpool http://www.theaustralian.news.com.au/story/0,25197,23317245-5003460,00.html Oliver Kay | March 04, 2008 THE battle for Liverpool has escalated as Dubai International Capital increased pressure on the club’s American owners. DIC has made a formal £400 million ($847 million) offer just as Tom Hicks indicated that he was ready to […]
Press Release Gulf Mega Sukuk Issues A Rich Mans Club International Islamic Finance Forum To Focus On $100 Billion Islamic Bond Market And Asks Is Enough Being Done To Meet Demand Dubai , UAE – February 26, 2008: The mega-Sukuk issues of the Gulf Co-operation Council (GCC) are a “rich man’s club” for institutional – […]
Dubai loses interest in US investment Sun, 24 Feb 2008 17:57:09 http://www.presstv.ir/detail.aspx?id=44512§ionid=3510213 A top official of Dubai International Capital says the investment agency may no longer invest in the US due to falling asset prices. “The U.S. market is not yet attractive,” Chief Executive Sameer al-Ansari told Reuters in Jeddah, Saudi Arabia, on the […]
Hong Kong And Dubai To Strengthen Economic Ties by Mary Swire, Tax-News.com, Hong Kong 05 February 2008 Dr Omar Bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC) on Friday welcomed Sir Donald Tsang, Chief Executive of the Hong Kong Special Administrative Region of China, along with a 24 member delegation from Hong Kong. […]
The Lyon king of Dubai By ELAINE SCIOLINO, Lyon Journal February 2, 2008 LYON, France Strolling the streets of Lyon with his wife in October, Buti Saeed al-Ghandi was suddenly overcome by a double wave of love, for the city and for his spouse. So Ghandi, a 40-year-old entrepreneur, decided to capture the magic of […]
The Bank of New York Mellon’s Pershing Advisor Solutions establish First Family Office Relationship in Dubai and the Middle East
The Bank of New York Mellon’s Pershing Advisor Solutions Unit Establishes First Family Office Relationship in the Middle East Wednesday, January 30, 2008; Posted: 12:46 AM <!– if (navigator.appVersion.indexOf(‘MSIE 3’) != -1){ document.write(”); } else if (_version < 11) { document.write (‘‘); } // –> More Breaking News about BK Market Review: Progressive Review for […]
January 28, 2008 12:28amThe Australian US makes a U-turn on foreign buyers jserve.write(“/SITE=TAUS/AREA=NEWS.FINANCE.FTBUSINESS/AAMSZ=110X40/”); ipt> Bob Davis and Dennis K.Berman | January 28, 2008 TWO years ago, the US Congress pressured the Arab emirate of Dubai to back out of a deal to manage US ports. Today, governments in the Persian Gulf, China and Singapore have […]
Wall Street Journal Video re: The potential impact and reach of foreign gov investment funds on the US economy and article re; Soverign Wealth Fund Map
Sovereign Wealth Fund Map (This was in a WSJ article below) http://online.wsj.com/public/resources/documents/info-foreignSWF08.html Video: WSJ’s Dennis Berman discusses the potential impact and reach of foreign government investment funds on the U.S. economy. http://link.brightcove.com/services/link/bcpid452319854/bctid1380790724 Lobbyists Smoothed the Way For a Spate of Foreign Deals By BOB DAVIS and DENNIS K. BERMAN January 25, 2008; Page A1 http://online.wsj.com/article/SB120120895483414521.html WASHINGTON — Two […]
Khaleej Times Online >> News >> BUSINESS New initiatives to ensure DIFC’s global hub status BY LUCIA DORE (Assistant Editor, Business) 25 January 2008 DUBAI – The Dubai International Financial Centre (DIFC) is in the process of developing new initiatives to create “an international point of reference for Islamic finance regulations, standards and practices”, Nasser […]
Print this page DIFC will be Islamic finance hub http://archive.gulfnews.com/articles/08/01/25/10184666.html 01/25/2008 12:04 AM | By Shakir Husain, Staff Reporter Dubai: The Dubai International Financial Centre (DIFC) is creating new infrastructure as part of its efforts to become a global Islamic finance hub, a senior official said on Thursday. Chief executive officer Nasser Al Shaali said […]
The Securities Bazaar:Destabilizing the U.S.Markets? Dr. Rachel Eherenfeld and Alyssa A. Lappen-MUST READ
http://www.humanevents.com/article.php?print=yes&id=24610 The Securities Bazaar: Destabilizing the U.S. Markets? by Dr. Rachel Ehrenfeld and Alyssa A. Lappen Posted 01/23/2008 ET All presidential candidates promise to fix our economy, but no one discusses the need to better safeguard our financial markets. The Committee on Foreign Investment in the U.S. (CFIUS), approved Bourse Dubai’s purchase of 20% […]
White Men With Money 1/22/08 11:45 AM Bill Clinton and Ron Burkle Have Irreconcilable Differences Photo: AFP/Getty Images Bill Clinton will get $20 million when he divorces Los Angeles supermarket magnate and (alleged) Radar owner Ron Burkle, his business partner of six years, The Wall Street Journal told us this morning. The reason for the […]
Silicon Valley / San Jose Business Journal – January 21, 2008 http://sanjose.bizjournals.com/sanjose/stories/2008/01/21/daily7.html Monday, January 21, 2008 – 9:38 AM PST Cisco to pump $1.6B into UAE operations Silicon Valley / San Jose Business Journal Cisco Systems Inc. said Monday that it plans to invest $1.6 billion in the United Arab Emirates over the next five […]
Gulf derivatives market could touch $300b By Babu Das Augustine, Banking Editor Published: January 22, 2008, 00:54 Dubai: The Gulf’s derivatives market could potentially be worth around $250-$300 billion in five years, according to Arqaam Capital, a pioneer in derivative structuring, brokerage and trading in the region.Based in Dubai International Financial Centre (DIFC), Arqaam Capital […]
Forbes-As Islamic banks boom, scholars are hard to find.
go to the link to read this very revealing article on Forbes FEATURE-As Islamic banks boom, scholars are hard to find Forbes – NY,USA A small group of usually robed and bearded Islamic scholars — experts in Islamic law, known as sharia — holds sway over the booming bank sector, …
The Selling of America-Overseas Investors Buy Aggressively in the U.S.
Overseas Investors Buy Aggressively in U.S. By Peter S. Goodman and Louise Story Go To Original Last May, a Saudi Arabian conglomerate bought a Massachusetts plastics maker. In November, a French company established a new factory in Adrian, Mich., adding 189 automotive jobs to an area accustomed to layoffs. In December, a British company bought […]
List of Major Banks dealing with Shariah Finance-tools for research
Here is a list of banks that are expanding the Islamic Shariah industry worldwide. Also, a link to the major periodicals that discuss Shariah Finance. In order to combat this rising influence on our banking industry, you must learn and understand what it is. This type of banking is a screen to infiltrate into a […]
Dubai owns Travelodge and Holiday Inn-expect that with the investments make in the first world, that this too will be a trend in the western regions for hotels owned by Dubai. It seems so odd, considering that many Saudi’s and wealthy Dubai residents spend so much time in Las Vegas. comments by Allyson Rowen Taylor […]
Travelodge ‘Nodcasts’ put guests to sleep Bloomberg News Jan. 18, 2008 12:00 AM We are all sleeping when it comes to the selling of Democracy for ME money. Comments by Allyson Rowen Taylor DUBLIN, Ireland – Travelodge Hotels Ltd., the United Kingdom budget-lodging chain owned by Dubai International Capital LLC, introduced a series of recordings […]
Liverpool owners deny sale claims Liverpool owners deny sale claims BBC, 17 January 2008 Liverpool’s American owners Tom Hicks and George Gillett have denied reports they are planning to sell the club. Dubai International Capital, which failed to buy the club a year ago, has been linked with a second attempt. It has been rumoured […]
body { background: #FFF; } Print | Close this window UAE the world’s biggest Islamic bond issuer -Global Thu Jan 17, 2008 10:24am EST MANAMA, Jan 17 (Reuters) – The United Arab Emirates was the world’s top issuer of Islamic bonds during the last seven years, contributing 36.2 percent of global sale value, Kuwait’s […]
Hillary Clinton’s chief campaign strategist linked to Dubai-based sovereign wealth fund Posted on Tue, Jan 15, 2008 at 7:20 PM hat tip-www.thejedreport.com During Tuesday night’s Democratic presidential debate, Hillary Clinton said she was “very concerned” about so-called sovereign wealth funds, the investment vehicles owned by foreign governments like Singapore, China, and the United Arab Emirates. […]
Losses incurred by Bush visit could be more than Dh432m By Mutlib Parvez Offices at the Dubai International Financial Centre (DIFC) were closed and the Dubai International Financial Exchange did not trade. Although people working there were not barred from being in their offices, it was hard to get to work … The Global Islamic […]
Hong Kong to Ride on Mainland for its Islamic Finance Growth
Bernama.com Business January 15, 2008 17:24 PM Hong Kong To Ride On Mainland For Its Islamic Finance Growth By Tham Choy Lin HONG KONG, Jan 15 (Bernama) — Hong Kong’s access to mainland China will be key in its ambition to develop an Islamic financial hub, Financial Secretary John Tsang […]
Black Enterprise.com News Briefs about the Middle East Investment Market
BE BUSINESS REPORT AME Info, Abu Dhabi, United Arab Emirates, Business Briefs Column 2008-01-15 AME InfoBy AME Info, Abu Dhabi, United Arab Emirates Jan. 15–DFM UP SHARPLY, ADSM HAS SLIGHT GAIN: The Dubai Financial Market rose sharply today, Tuesday, gaining 182.18 points, or 2.98 percent, to finish on 6,291. National Industries Group was the day’s […]
Link to www.Gulfbase.com, comprehensive site on Sharia Finance and Investments
This site breaks down the investments and funds by countries in the Middle East. It is a good source to follow, and research for those interested in following the growth of funds and indices. You can register on it for updates, however this blog will follow it and post the most relevant articles. comments by […]
Hong Kong’s Islamic New Year
The fast movement of Islamic Banking is shocking! It has taken hold across the world, and is no different than a Crusade. It is a crusade against the principals of democracy. This is a war. We cannot look away and think that this movement into the taking over and integration into the system of banking […]
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