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Alternative Investments

10/05/2021

Investcorp launches a white paper on India's Digital Economy: primed to unlock a US $1Trillion opportunity

Favourable demographic combined with rising incomes, strongly positions the country to be the world's fastest growing digital economy

10/04/2021

CBD Corporate Services announces expansion into Saudi

CBD will support its ever-growing footprint while giving clients more choice and flexibility

10/01/2021

Saudi Arabia's wealth fund to sell part of stake in Saudi Telecom

The potential transaction is expected to contribute to PIF's establishment and development of new sectors

09/30/2021

Banque Misr concluded its largest syndicated term facility to date

With medium term USD 1 Billion loan from international debt capital markets to finance Projects and contribute to the sustainable development

09/30/2021

UAE residential market expands at ‘fastest pace since 2015’: Knight Frank

Villas in Dubai led the price surge - up by 5 percent in the same period and nearly 17 percent higher than they were at this time last year.

09/29/2021

Energy crunch: How high will oil prices climb?

Surging demand coupled with supply shortages has sent crude prices to a near three-year high.

09/29/2021

PraxisIFM secures coveted corporate services provider licence in the UAE capital

Global services company celebrates significant office milestone and sees a bright future for business development in the region

09/29/2021

Network International completes acquisition of DPO Group

Company to become the fastest-growing payments company in the Middle East and Africa

09/28/2021

Palm Hills Developments inks syndicated loan deal

Banque Misr and NBE contributed equally to the loan

09/27/2021

Interest in sustainable investing on the rise in UAE, survey finds

Seven in 10 investors in Emirates wish to leave a positive legacy, says Standard Chartered

09/27/2021

Jadwa Investment announces secondary offering for Saudi REIT Fund

Jadwa REIT Saudi Fund is a closed-end, Shariah-compliant, real estate investment traded fund with a term of 99 years and a total gross assets value of SR2.19 billion.

09/27/2021

Al Zeyoudi chairs third Board of Directors meeting of Etihad Credit Insurance in 2021

The Deputy Chairman also commended the organisation's exceptional business performance in the first eight months of 2021 and its strong resolve to support UAE businesses and boost their competitiveness in regional and international markets.

09/27/2021

Bahrain’s Investcorp set to be a $100bn company in 7 years: CEO

The company is currently pursuing a five-year growth plan.

09/23/2021

Central Bank of UAE projects 4.2% GDP growth in 2022

In Q2-2021, outward personal remittances form UAE increased by 8.7% year-on-year

09/23/2021

Egypt CIRA’s OGM nods to cash dividends distribution

The dividends will be paid within a month from the date of holding the OGM

09/23/2021

Govt companies in Oman urged to be self-sustaining

No government companies will get money from the state’s general budget to run their business

09/23/2021

EBRD and J.P. Morgan support women entrepreneurs in Istanbul

The companies operate in a wide range of sectors, from garment manufacturing to the design of business software or metal processing.

09/22/2021

Dubai's real estate transactions reach $4bln in August 2021

August 2021 is the second-highest month since December 2013 in terms of the number of sales transactions

09/22/2021

Dubai is at the frontier of leading financial markets, study by Dubai Competitiveness Office shows

Regulatory reforms, partnerships and futuristic initiatives have enabled Dubai to evolve a competitive financial market ecosystem

09/22/2021

UAE economy to grow 2.1% this year, central bank says

"Economic activity in the UAE continued its recovery in the second quarter, with growth reaching almost pre-COVID-19 levels," the central bank said

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