11/17/2021
Emirates Islamic rings market-opening bell to celebrate listing of $500mln sukuk on Nasdaq Dubai
The 5 years’ benchmark issuance rated A+ by Fitch Ratings was priced at 2.082% and was 2.4 times oversubscribed
Alternative Investments
11/17/2021
BHM Capital reports net profit of AED 9.2mln in Q3 of 2021
Company continues to deliver strong results
11/16/2021
Qatar and Rwanda Establish US$250M Pan-African Social-Economic Transformation Fund
The Fund’s Head Office will be based in Kigali and domiciled in the Kigali International Financial Centre (KIFC), which offers a safe
11/16/2021
Dubai launches $272mln Future District Fund to invest in startups
The aim of the fund is to support emerging companies in the technology sector
11/16/2021
General Reinsurance expands its Middle East presence with new office at DIFC
The establishment of General Reinsurance AG Dubai Branch reinforces DIFC as the reinsurance hub of choice
11/16/2021
Emirates Development Bank, Dubai Industries & Exports sign agreement to boost industrial growth
This partnership aligns with EDB’s continuous efforts to enable the industrial transformation and economic diversification agenda in the UAE, build a knowledge-based economy, increase global competitiveness and sustainable growth, and support startu
11/15/2021
GCC start-up & SME sectors recognised as key drivers
Become key factors for regional GDP growth, employment and innovation as regional economies recover
11/15/2021
Deutsche Bank, UAE's FAB execute Middle East's first green repo transaction
Deutsche Bank will deploy the funds into green financing activities such as development of renewable energy
11/15/2021
Bahrain Investcorp leads $17mln investment in India's Wingreens Farms
Omidyar Network India participated in the deal
11/15/2021
Gulf Insurance Group raises KWD 60mln for Kuwait's first perpetual bond in KWD and first bond issued by an insurer
Kamco Invest acted as the Lead Manager & Structuring Advisor
11/15/2021
Amlak Finance reports $294mln profit to September
The increase in income is attributed to arbitration settlements and debt settlement arrangements
11/15/2021
Kamco Invest reports net profit of KWD8.2mn
Income generating properties were acquired in the UK and US on behalf of clients with a total value of USD343mn.
11/14/2021
GGICO posts Q3 loss at $6.55mln
Investment company said losses of $478 million were due to impairment of assets in a challenging market and finance costs incurred by the company in previous years
11/11/2021
Abu Dhabi Securities Exchange, Bahrain Bourse sign strategic partnership agreement
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
11/11/2021
Turkey’s Akbank receives US$ 50 million EBRD loan to finance women-led firms
The funds are part of the EBRD’s newly expanded flagship Women in Business programme, which is providing a total of €600 million to women-led businesses through Turkish banks.
11/11/2021
Omniyat Redefines Dubai’s Penthouse Market
Boasting bespoke amenities and facilities, surrounded by awe-inspiring sustainable landscaping design and exquisitely crafted interiors, all managed by Dorchester Collection, the property appeals to those looking for the highest standards of premium livin
11/11/2021
Bahrain set to raise $2bln with dual-tranche bond
BNP Paribas, Citi, JPMorgan and National Bank of Bahrain are arranging the debt sale
11/10/2021
Bahrain hires banks for dollar bonds and sukuk - document
Bahrain is planning to issue 7-1/2-year sukuk, or Islamic bonds, and 12-1/2-year conventional bonds
11/08/2021
Qatar First Bank completes acquisition of 'Ten West Corporate Center One'
Class A Office fully leased to 'Wood Group' in Houston, Texas, Energy Corridor
11/08/2021
Saudi stock exchange Tadawul appoints SNB Capital as lead manager for IPO; plans sale for individuals on Nov.30
Al-Hussan confirmed the existence of about 30 to 40 companies planning to list in the financial market.