03/02/2020
Bahrain's Tamkeen launches new Solar Financing Scheme
Part of Tamkeen’s Tamweel Scheme, it aims to empower enterprises and enable them to purchase solar energy panels to generate energy
Alternative Investments
03/02/2020
Norway’s sovereign fund raises investments in GCC markets
The UAE accounted for 26.6% of the fund’s investments by the end of 2019
03/02/2020
Nasdaq Dubai welcomes listing of $2 billion Sukuk by Islamic Development Bank
Dubai is one of the largest centres globally for Sukuk listings by value at $68.355 billion.
03/01/2020
Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC
Mubadala held early talks for stake in U.A.E. health-care firm
03/01/2020
Gulf Islamic Investment buys property in New York state
The latest deal brings the value of GII's real estate portfolio in the US to more than $230 million
02/28/2020
Indonesia urges Saudi Arabia to invest in sovereign wealth fund
The sovereign wealth fund will be used to finance the development of Indonesia’s new capital in East Kalimantan and/or projects in Aceh.
02/27/2020
Lebanon has more to worry about than $31bn maturing Eurobonds
Falling reserves and inflows have led to a shortage of foreign exchange in Lebanon, disrupting the financial system
02/27/2020
Abu Dhabi Finance seals Aldar partnership deal
The aim of the collaboration between ADF and Aldar is to provide a market-beating offer that ensures that owning property in the UAE’s capital is as accessible as possible.
02/27/2020
Saudi Arabia’s Dar Al-Arkan lists $400m sukuk on Nasdaq Dubai
It raises Dar Al-Arkan’s total sukuk value listed on Nasdaq Dubai to $2bn
02/26/2020
Chinese investment in UAE realty on back burner
Developers not banking on Chinese buyers in new projects for now owing to Covid-19
02/26/2020
Bahrain's GFH lists $300 sukuk to support expansion plans
Jassim Alseddiqi, chairman of GFH Financial Group, rings the market opening bell at Nasdaq Dubai to celebrate the listing
02/26/2020
Bahrain’s Investcorp acquires two US properties for $164m
Its global multifamily property portfolio is currently valued at approximately $2.3bn
02/26/2020
Qatar Foundation helps to grow the game of golf in Qatar
Golf is a sport, which a lot of people don’t actually realise – it’s good for your health.
02/26/2020
Egypt’s microfinance balances jump 47% in 2019
The number of beneficiaries grew by 11.8% to 3.5mln customers
02/26/2020
Incolease’s profit drops 13% in 2019; dividends proposed
It is noteworthy that during the first nine months of 2019
02/25/2020
Saudi Aramco launches largest shale gas development outside US
Saudi Arabia fought a price war aimed at putting the US shale industry out of business just six years ago, which ultimately failed.
02/25/2020
KEC International buys tower making units in Dubai to expand Middle East operations
With this acquisition, KEC International sims to scale up its tower manufacturing capacity and expand its presence in the Middle East and Africa.
02/25/2020
IHS Markit and Tadawul launch Saudi government Sukuk index
Offering a broad exposure to the Saudi government Sukuk market, the minimum outstanding value of the underlying bonds must be greater than SAR 100m.
02/25/2020
Sri Mulyani invites Saudi Arabia to invest in Indonesia’s sovereign wealth fund
Sri Mulyani claimed that the Saudi Arabian finance minister had agreed on the potential sectors that could be developed, though she declined to elaborate further.
02/25/2020
Here's why Middle East investors are buying UK properties
2019 saw a tripling in the market share taken by Middle Eastern buyers in the GBP5mln+ country market