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Alternative Investments

01/18/2021

Menacorp ranks No.1 in DFM list of top stock brokerage firms for the decade

The top ranking, which was taken from official data published by DFM post December 2020 results, proves to be a major achievement for Menacorp, considering that the company was initially in competition with more than70 other institutions

01/17/2021

Citco Opens Abu Dhabi Headquarters at ADGM following 400% Increase in MENA Assets

MENA AUA rose to $125bn last year

01/17/2021

Improved GCC equity outlook amid Covid-19 vaccines rollout: NBK

The MSCI GCC index rose by 5.6% quarter-on-quarter, reducing the year-to-date decrease to -3.6%.

01/17/2021

OMR65.48 million Oman REIT Fund launched

The close-ended Oman REIT Fund will be listed on the Muscat Securities Market (MSM) for secondary market trading upon closure of the IPO.

01/17/2021

Sukuk issuances to pick up pace led by GCC, core Islamic markets

S&P forecasts sukuk issuance of about $140 billion–$155 billion in 2021

01/15/2021

Citco opens Abu Dhabi headquarters at ADGM following 400 per cent increase in MENA assets

Citco will partner with ADGM to create a sustainable, fully-integrated ecosystem for the investment management industry, and provide a platform for the local population to further develop the financial services industry in the UAE.

01/15/2021

Saudi Arabia's PIF launches its own security consulting firm

With security high on the minds of business leaders in the country, the new firm will have plenty of clients for its offering.

01/15/2021

Oman’s Takaful Sukuk to launch $64.92m sukuk

Sukuk are effective investment instruments in the Omani market covered by Sukuk Regulation providing protection to all stakeholders

01/15/2021

Indonesia’s Ties With Bahrain Slowly Gather Steam

Ties remain modest, but both nations have a strong incentive to advance the bilateral relationship.

01/15/2021

Saudi Alkhabeer Capital gets approval to up REIT asset value

A leading asset manager specialising in shari'a-compliant investments and financial services, Alkhabeer Capital pointed out that the assets value boost was aimed at carrying out key regional acquisitions

01/14/2021

DIFC Academy to provide accredited training for sustainable investing

The partnership between the DIFC and Candriam is in line with the UAE Vision 2021 to build a competitive knowledge-based economy by developing local capabilities and investing in education.

01/14/2021

Saudi Crown Prince says kingdom offers $6trln investment opportunities over next decade: SPA

The opportunities are part of the young prince's Vision 2030, aimed at ending the kingdom’s dependence on oil and transforming it into a global investment power

01/14/2021

Egypt to get $1.1bln from ITFC to fund commodities imports in 2021

The funds are part of a $3bln agreement between Egypt and ITFC signed in January 2018

01/14/2021

Bahrain, US sign deal to establish commercial zone

The US and Bahrain will promote the zone as a regional hub for trade, manufacturing, logistics, and distribution among American companies in Bahrain, the GCC, and beyond

01/14/2021

Bahrain’s GDP shrinks 6.9% due to pandemic

The proportion of the transportation and communications sector contribution to the national GDP saw the highest decline of 41.43%

01/14/2021

Finance: Dubai’s fast start fuels hope for 2021

If you want to see what a strong economic and financial recovery might look like in 2021, you’ll find it in Dubai.

01/14/2021

Abu Dhabi Investment Office expands global network with eight new hubs

ADIO opens offices in Israel, US, France, China, other major markets

01/14/2021

Fixed income market outlook: GCC issuances to remain subdued in 2021

Total issuances reached $140.3bln in 2020 Vs. $139.1bln in 2019 due to higher bond issuances

01/13/2021

First Abu Dhabi Bank is once again tapping Formosa bond market for 1.5b yuan

Bank has had successes with earlier launches in this Asian marketplace

01/13/2021

Bahrain ranked first globally in transport and warehousing cost effectiveness: global ranking from fDi Intelligence

MENA region gaining on traditionally Asia-Pacific-dominated transport and warehousing sectors

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