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Helios, SinoGulf form logistics JV Helios Properties and Abu Dhabi-based real estate investment company SinoGulf has formed a joint venture company to build logistics parks in the United Arab Emirates and the GCC. The 50/50 joint venture named the company as Helios-SinoGulf Property Development targeting more than 300,000 sqm within its first 12 months. AME InfoInvestors to buy IndyMac - $13.9B The Federal Deposit Insurance Corp. announced Friday that it had struck a deal to sell failed mortgage lender IndyMac to a group of private investment firms for $13.9 billion. CNN MoneyModon inks land contracts in Dammam Saudi Industrial Property Authority (Modon) has recently signed five land allocation contracts for investment projects in Dammam's second industrial city. The five companies are Saudi German Plastics Manufacturing Company, Al-Mutlaq Service and Manufacturing Co. Ltd., Teikyo Middle East Electricity and Equipment Co. Factory, Vital Chemicals Factory, Arab Company Factory for Pipe Projects. Modon oversees the development of industrial lands in Saudi Arabia in partnership with the private sector. ameinfo.comFund managers pick stocks for 2009 Fund managers in the UAE have expressed their outlook for stocks, all agreeing that real estate and banking, finance and investment sector stocks will continue to face pressure throughout 2009, Gulf News has reported. An ING Investment Management manager said his picks would be Air Arabia, Aramex, Dubai Financial Market, etisalat, Aldar and Emirates Foodstuff and Mineral Water Company. [AMEInfo.com] AME InfoHow to survive new financial climate A TUMULTUOUS 12 months has left many of us in a state of financial flux. From investments and savings to loans and mortgages, markets have changed dramatically, making it ess ScotsmanBanks borrow more, investment firms less from Fed Commercial banks borrowed slightly more, while investment firms drew less over the past week from the Federal Reserve's emergency ... USAtoday.comThe Year Hedge Funds Got Hit Hedge funds, the highflying darlings of the investment industry, have fallen to earth. These funds meant for sophisticated, rich investors just endured their worst year ever. CBC.caKayne Anderson MLP Investment Company: Kayne Anderson MLP Investment Company Announces Its Net Asset Value and Asset Coverage Ratios at December 31, 2008 HOUSTON, TX (MARKET WIRE) Kayne Anderson MLP Investment Company (the 'Company') (NYSE: KYN) today announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 ('the 1940 Act') as of December 31, 2008. Marketwire.com |
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