09/24/2020
Are green bonds the future for the Gulf or just a gimmick?
In the Gulf, the decline in oil prices that was fueled by the coronavirus pandemic served as a reminder of why nations need to diversify their economies away from energy exports.
Alternative Investments
09/24/2020
Mubadala and Sberbank Sign Strategic Agreement To Explore Opportunities
The Sberbank-Mubadala strategic partnership will unlock potential co-investment initiatives in both Russia and the Middle East, which are also expected to enhance bilateral trade between businesses in both regions.
09/24/2020
KBBO Hires Restructuring Expert for $2 Billion Debt Revamp
KBBO has about $2 billion in debt that needs to be renegotiated, leaving banks in the United Arab Emirates potentially exposed to another financial hit even as they grapple with a spike in bad loans amid the coronavirus pandemic.
09/23/2020
Apex bolsters UAE presence with acquisition
The addition of business focused compliance including tailored fund and fund manager related compliance, will enable our clients to gain market access more quickly.
09/23/2020
Top Sovereign Wealth Fund selected Diligend solution to digitize and automate Fund Due Diligence
Diligend was a clear choice for the SWF due to its unique offering and the flexibility of its solution.
09/23/2020
Why Dubai's healthcare sector may need to adapt to cope with retiree influx
Retire in Dubai initiative may prompt healthcare providers to review the range of services they offer
09/23/2020
Dubai real estate fund revamps biggest asset to boost occupancy
ENBD REIT looking to attract long-term tenants to its property
09/23/2020
Oman to target $3-$4bln with upcoming bond sale - sources
The deal would cover a $2bln bridge loan Oman secured last month
09/23/2020
DFM and Nasdaq Dubai highlight significant role of IR in strengthening listed companies' links with investors
Dubai's capital markets are actively implementing a widespread IR excellence program
09/23/2020
Abu Dhabi climbs international rankings as a business events destination
Latest UIA and ICCA rankings show impressive growth of sector in Emirate
09/22/2020
Barings and Mubadala Form Strategic Partnership
Mubadala Anchor Investor in New Origination Platform
09/22/2020
Controversial Israeli soccer club may be litmus test for UAE soft power ploy
Israeli media reports said that the offer was made to club owner Moshe Hogeg.
09/21/2020
Days after Accord, UAE businesses are already pushing ahead with Project Israel
Private businesses to soon join in but will seek preferential tax breaks
09/21/2020
Financial services must think open source
They need to give inhouse talent access to what’s happening in ‘upstream communities’
09/20/2020
Non-performing loans in Egypt’s banks drop to 3.9% end-June
Banks allocate EGP 150.079bn to address doubtful debts, alongside reserves of EGP 319.817bn
09/20/2020
Inside Saudi Arabia's $810bn tourism transformation
New mega tourism projects will occupy an area in excess of 64,634 sq km over the next decade
09/18/2020
ADQ acquires shares in global logistics firm Aramex
Headquartered in Abu Dhabi, ADQ was established in 2018 as a public joint stock company (PJSC)
09/18/2020
Wiz Holding closes $2mn seed round
Wiz Shops is a tech e-commerce platform that will empower SMEs across the region, transforming their offline business to online.
09/18/2020
Preqin opens new office in Dubai
Permanent location established to serve the fast-growing client base in the Middle East
09/18/2020
Gulf loan market subdued but government-related entity deals surge - ADIB
The subdued loan market contrasts with international bond issues from the region, which are on track for a record year