09/15/2021
Kuwait's Burgan Bank gets approval to issue up to $500mln unsecured bonds
Proceeds from the issuance to reinforce liquidity
Alternative Investments
09/14/2021
QFC, Rwanda Finance sign agreement to promote mutual collaboration
"This partnership between our financial centres builds on the excellent existing relations between Rwanda and Qatar."
09/14/2021
Shuaa ex-deputy CEO eyes $1.3bn target with new asset management firm
From helping transform one small boutique firm to a $14bn AUM giant, Mustafa Kheriba has now established Arithma Capital to become 'a leading asset manager with an alternative approach'
09/14/2021
Dubai's Gulf Islamic Investments to acquire stake in Saudi healthcare firm
Plan part of $1bln expansion plan in kingdom
09/14/2021
Dubai's Emaar hires Emirates NBD for sale of e-commerce business Namshi - sources
Emaar is now weighing options to sell the business either through an outright sale
09/14/2021
Montfort Group enters East African market by acquiring Kencor Petroleum Limited in Kenya
This acquisition marks Montfort's strategic entry into East Africa, one of Africa's major markets
09/13/2021
Quantuma launches in the Middle East with new UAE office
The Quantuma story started in the UK in 2013, when the consulting firm opened our first office in Southampton.
09/13/2021
Abu Dhabi's state holding firm ADQ hires more bankers as it steps up dealmaking
The hiring spree comes as the fund's appetite for deals at home
09/08/2021
Saudi Arabia’s PIF hires 5 banks for ESG panel on green finance push
The selected banks are Credit Agricole, Deutsche Bank, Goldman Sachs, HSBC and Standard Chartered
09/08/2021
Dubai International Financial Centre continues strong growth in H1 2021
492 new companies join DIFC in H1 2021, a 59% increase from the same period in 2020
09/08/2021
Axa sells insurance operations in Gulf region
The sale of AXA’s 28% shareholding in AXA Green Crescent Insurance Company (in UAE),
09/08/2021
Abu Dhabi starts marketing two-tranche bonds, document shows
BNP Paribas, First Abu Dhabi Bank, JPMorgan, Morgan Stanley and Standard Chartered are arranging the deal
09/08/2021
A ticket to boost the Arab world's tech sector
Similar advancements are taking place in Oman, that is following suit with the Madinat Al Irfan smart city project in Muscat.
09/08/2021
Apex Group appointed fund administrator of the Masdar Green REIT
Under the private REIT regime, the Masdar Green REIT offers the opportunity for professional investors to invest in a portfolio of stable, income-generating, sustainable real estate assets located in Masdar City, and the UAE.
09/07/2021
FundRock launches Middle East ManCo Services
The business will be led by Senior Executive Officer Faisal Hasan
09/07/2021
Gold to stay high in the near-term, says Fitch Solutions
Gold prices have largely traded sideways so far in H2, barring a flash collapse in early August, Fitch Solutions said.
09/07/2021
Saudi Exim Bank signs reinsurance agreement with ICIEC
Agreement aims to contribute to Saudi Vision 2030 goals and boost Kingdom's non-oil economy
09/06/2021
SRC signs $533.35m mortgage finance deal with Saudi Arabia's social insurance agency
SRC will refinance the portfolio of a housing programme backed by the General Organisation for Social Insurance
09/03/2021
Saudi PIF to become largest shareholder in Emaar the Economic City after debt swap
Debt owed to Saudi finance ministry to be shifted to PIF and settled with new capital
09/02/2021
Standard Chartered acts as sustainability coordinator on Majid Al Futtaim $1.5 billion Sustainability Linked Loan
A landmark transaction led by the Bank; the SLL makes Majid Al Futtaim the first privately-owned Dubai corporation to borrow via this type of innovative facility