07/09/2020
COVID-19 headwinds to hurt Saudi banks’ profitability
Decline in interest income curtails Saudi banks’ operating income
Alternative Investments
07/09/2020
Israel cenbank’s Abir says buying corporate bonds to prevent layoffs
The central bank began purchases on March 15 of up to 50 billion shekels of government bonds, which has helped reverse a spike in government and corporate yields.
07/09/2020
Egypt's expats become opportunity for $61bn fund manager
Luxembourg-based fund will initially allocate $50 million to 25 Cairo-traded stocks
07/09/2020
Single regulator a catalyst for mature UAE financial market
Merger will bring much needed stability and oversight to the financial markets of UAE
07/09/2020
Doha Bank bid to bring in more financial firms from Japan to invest in Qatar’s capital market
Bilateral and Synergistic Opportunities between Qatar and Japan
07/09/2020
Qatar invests €25bn in Germany
Al-Kuwari expressed Qatar’s desire to enhance its economic ties with Germany
07/09/2020
Top five investment deals in the second quarter of 2020
The investments also align with the wider trends brought on by the pandemic - a rise in agritech, foodtech, fintech and edtech.
07/08/2020
Israel pushes back creation of sovereign wealth fund as gas revenue trickles in
The minimum needed to begin investing – 1 billion shekels ($290 million) – will not be reached before the end of 2021, said Abir.
07/07/2020
Saudi Arabia’s 6-point plan to jumpstart global economy
The six-point plan, contained in a special report to the G20 leadership with input from 750 global business leaders
07/07/2020
Kuwait is locked in a heated debate over Future Generations Fund
Cutting off 10% annual payment to Fund will not help Gulf state by much
07/06/2020
Allianz SF rights issue 93.8% subscribed
The remaining shares total 2.495mln shares
07/06/2020
Network International forecasts 17-20% revenue decline in first half
The transition from cash to digital payments remains in high growth across our markets, where recent indicators point to an acceleration in this trend.
07/06/2020
Citigroup continues investments in EMEA region’s treasury, trade solutions
CitiBank has a team based in Saudi Arabia which is fully operational over a range of activities
07/06/2020
Turkey Stocks Up Amid Ban on Short-Selling by Foreign Banks
Authorities have already burnt bridges with foreign investors by drastically limiting their access to the currency and making it difficult for them to trade Turkish assets.
07/05/2020
Green finance is having a moment in the sun
More investors are signing up for, and chances are they will stick to these principles
07/05/2020
COVID-19 impact: More financial sector mergers likely in Saudi Arabia, GCC
Amidst economic challenges banks seek competitiveness, lower costs and capital boost
07/03/2020
Saudi wealth fund rethinks plan to change $10bn loan terms
Saudi PIF is holding off on plans to change $10bn loan terms after banks voice concern, sources tell Reuters.
07/03/2020
Saudi investors get chance to buy Amlak International shares
Still the coronavirus pandemic may impact the growth of the mortgage market in the Kingdom.
07/03/2020
Abu Dhabi's KBBO to come up with restructuring plan after taking a hit with NMC exposure
Plan intends to come up with ways that would also soothe creditors' concerns
07/03/2020
Greenberg Traurig advised joint venture in complex multinational closing
The Greenberg Traurig team was led by Jan Kees Brandse and Marijn Bodelier.