05/10/2021
Kamco Invest reports net profit for the first quarter of 2021
Total revenue for the period reached KWD5.2mn (Q1 2020: KWD0.4mn), with fee & commission income amounted to KWD3.4mn, representing 65% of total revenue.
Alternative Investments
05/10/2021
Dubai's Shuaa Capital records highest Q1 profits in a decade
SHUAA sells 20% stake in Mirfa International Power and Water Company to Japanese investor
05/10/2021
Bahrain Kuwait Insurance Company net profit surges 11.2% in first quarter
Earnings per share remained at six fils during the first quarter
05/10/2021
The increasing role of ESG investments in the race to zero
Environmental, social, and corporate governance (ESG) investments represents a third of the assets under management, according to Bloomberg Intelligence
05/09/2021
Abu Dhabi IHC's subsidiary acquires stake in U.S. digital media platform Firefly
Firefly is backed by investors such as Google Ventures, NFX, and Stanford University's StartX Fund
05/08/2021
Shuaa Capital sells 20% stake in Abu Dhabi utility company
Mirfa International Power and Water operates a power generation and desalination plant in Al Dhafra
05/07/2021
Bahrain’s Investcorp targets larger North American deals
“At the moment there are deals that we really like that we don’t pursue because they’re outside our size range.”
05/07/2021
Bahrain a 'country to watch' for GCC contact center outsourcing
“Bahrain is emerging as one of the countries to watch for nearshore contact center delivery within the GCC and in targeted Western European locations,” said Ryan.
05/07/2021
Saudi Fransi to advise Emaar the Economic City on $753mln capital hike debt conversion
The reason for the debt conversion is to improve the company’s liquidity and credit position and enhance its ability to achieve its growth objectives, the developer said
05/06/2021
Dubai Investments targets acquisitions to diversify its portfolio
Earlier this week, the company reported a Dh123.8 million profit for the three months to March 31
05/06/2021
Mubadala Keeping Pace With KKR as $29 Billion Deployed Last Year
Wealth fund invested in tech, health care, consumer goods
05/05/2021
MSX index sees growth in first quarter of 2021
The positive figures came as a result of gains made in March 2021 when oil prices started recovering and stabilising at a rate of $60 per barrel.
05/05/2021
Qatar to play big role in global sustainable finance market: Official
Highlighting the importance of sustainable finance and green investments in recovering from the COVID-19 pandemic, Hadi also reiterated that ‘building back greener’ is the vaccine for the planet against climate change.
05/04/2021
UK real estate – how Jersey supports Middle Eastern investment
The types of assets acquired have been broad – from offices, retail and logistics through to student accommodation, senior living, leisure and of course the residential rental sector.
05/04/2021
Investments in MENA power sector to surge to $250bln over 5 years
Oil and gas investments to drop slightly, says APICORP
05/04/2021
Sustainable energy: Abu Dhabi's new strategy aims to reduce power, water emissions by half
Investment in clean technologies to reduce CO2 emissions by 20mln tonnes - EWEC
05/03/2021
Abu Dhabi’s TAQA completes $1.5bn dual-tranche bond sale
Net proceeds from the sale of the notes will be used to repay outstanding debt
04/30/2021
Misr Capital, Elevate launch $380mln healthcare investment platform
Tarek Moharram will be the CEO of the healthcare platform
04/30/2021
Moody’s affirms ratings of Masraf Al Rayan
The merger remains subject to regulatory and shareholder approvals and is expected to be completed in the first half of 2021.
04/29/2021
Saudi Tadawul group appoints financial advisors for its upcoming IPO
Earlier this month, Saudi Tadawul Group confirmed that it is considering an IPO on Saudi Exchange's Main Market