06/25/2019
Energy developer ACWA Power has signed an agreement with the Chinese government’s Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA Power RenewCo), with a 49% stake in the company
06/24/2019
This project will also help meet the government's target of generating seven per cent renewable energy by 2020 and 50 per cent by 2050, Dr Al Zeyoudi said, adding that "the engagement and participation of the private sector is very important to
06/24/2019
Telecommunications operator Zain Saudi plunged 4.9% after a sale and leaseback of its communication towers was cancelled as the buyer IHS Holding was denied a license from the telecoms regulator.
06/24/2019
Revenue estimates may drop by one or two percentage points
06/21/2019
Dubai-based Abraaj was Middle East's biggest private equity fund until last year
06/21/2019
Abraaj, which managed $13.6 billion at its peak, had been the largest buyout fund in the Middle East and North Africa until it collapsed last year in the aftermath of a row with investors, including the Gates Foundation, over a $1 billion healthcare fund.
06/20/2019
Some of Lebanon’s dollar securities, including those maturing in 2022 and 2023, already have spreads above 1,000 basis points.
06/20/2019
The International Monetary Fund sees 5.5% growth for Egypt in 2019, considerably higher than the regional average of 1.3%, and the World Bank’s latest Egypt economic update notes that “growth has been robust and broad-based.”
06/20/2019
Dubai’s initiatives have continued to reinforce Dubai’s profile as a preferred investment destination of choice
06/19/2019
The kingdom was doing further studies to understand the euro-denominated market and “what is required from us”, he said.
06/19/2019
Listed companies hold 81 one-on-one meetings with international institutions managing $3.2 tn
06/18/2019
With both female founders and women taking leadership roles throughout the ecosystem, Bahrain is a dynamic and diverse market at the head of new trends that are shaping the way society and business operates."
06/18/2019
Fund chairman says it is returning to buying stakes directly in companies
06/18/2019
The investment comes from the combination of three funds in which the Kuwaitis are invested: run by Threadneedle Asset Management, Axa Investment Managers, Dekabank Deutsche Girozentrale.
06/18/2019
India is considering allowing foreign investment funds to buy stressed loan portfolios of banks
06/18/2019
Allocations to alternatives, cash and other asset classes, which accounted for the rest, saw minimal changes.
06/17/2019
The Institute of International Finance estimates the Public Investment Fund's assets at around $300 billion
06/14/2019
The world’s sovereign-wealth funds control $8trn in assets.
06/13/2019
Buyers who spend at least 5 million dirhams (£1 million) on the Dubai property will have the €100,000 minimum investment and €35,000 fees required to obtain citizenship of the eastern European nation of Moldova paid for them by Kleindienst
06/13/2019
Alreeman II follows the success of its first phase launched in January, which generated sales of Dh1.6bn