Search results

Family business relationships will be key to the growth of Samena Capital, the latest investment company to set up in Bahrain. Bringing together businessmen and former asset managers from the (Indian) Subcontinent, Asia, the Middle East and North Africa (Samena), a new asset management company set up in Bahrain, has attracted particular interest from Omani investors.

Sharjah deal ‘not in Iran’s interest’; Oman deal could be reached by year-end; Iran ‘plans $4bn gas pipeline to Europe’

The Libyan Investment Authority (LIA)‘s participation in First Energy Bank (FEB), whose emergence is analysed above, is part of a rapidly multiplying network of links between Libya’s fast-changing economy and the established oil economies of the Gulf (GSN 832/12, 815/1). While Libya is still in the process of setting up institutions to take charge of its huge financial reserves

For the UAE’s troubled energy consumers access to gas from Iran is a tiresome and not very successful process – as the experience of Sharjah’s Dana Gas deal seems to show. Imports from Iran to Sharjah have been delayed for over a year and a half, as both sides are yet to agree on a gas price, and Iran has yet to complete building the facilities to pump gas to the UAE. Internal Iranian politics provide a further obstacle as various factions in the Islamic Republic argue about the need to channel gas into the domestic market, rather than meeting export needs.