11/12/2019
The acquisition will be part of the fund’s “project pipeline into the sector, then an investor would be selected to hold the remaining stake,” Chief Executive Officer Ayman Soliman said in an interview in Cairo.
11/12/2019
Also, State institutions’ interest in online completion of transactions is low, as per a recent study by the Cabinet, which revealed that online transactions represent only 19 percent of the total transactions, reports Al-Qabas daily.
11/12/2019
The London Stock Exchange-listed company, whose brands include Travelex and UAE Exchange, processed 13.5% more money transactions during the period
11/08/2019
Saudi Arabia is turning to rich local families, some of whom had members detained in Riyadh’s Ritz-Carlton hotel during a 2017 corruption crackdown
11/08/2019
The allocation of GCC-based primary dealers stood at 39% and 67% for the 1-month and 3-month Sukuk respectively
11/08/2019
In 2018 the Abraaj Group was the world’s biggest private equity firm specialising in emerging markets, with a portfolio of $14bn.
11/08/2019
Remittance fee charges to key destinations are still among the lowest anywhere
11/08/2019
The score for the UAE continued the positive trend for financial news in the country following Dubai's ascent to eighth in the global financial centre ranking earlier in September 2019.
11/08/2019
The deal’s consideration amounted to $108mln
11/07/2019
There were 7,214 sales registrations involving homes built by the Burj Khalifa developer in the first nine months of this year
11/07/2019
Fund says stimulus programmes and Expo 2020 will help to fuel expansion
11/07/2019
As in previous years, investments abroad by the GCC sovereign wealth funds continue to drive resident capital outflows, which we project at $252bn this year, Institute of International Finance (IIF) noted.
11/07/2019
5th edition of Forum to see participation of 1,500 regional and global leaders in business and economy
11/06/2019
The UAE's significant diversification efforts has meant that the country is increasingly viewed as an innovative hub for trade - benefitting both domestic and international businesses.
11/06/2019
Egypt's SWF aims to manage the state-owned assets which will be transferred to it.
11/06/2019
The MODUS MENA VENTURE FUND I will focus on MENA-based early stage/post-accelerator technology companies as well as Small-to-Medium Enterprises (SMEs) where technology can enable them to grow rapidly.
11/06/2019
Investcorp and China Everbright Limited announce they are combining their investment teams to target the Chinese technology sector
11/05/2019
Some developers are already holding off on planned projects.
11/04/2019
The country last year issued a law permitting the federal government to begin issuing sovereign debt, which is usually sold by individual emirates.
11/03/2019
Opened to the first residents in 2016 and to be fully completed next year, the initiative dubbed Sustainable City is a private settlement on the outskirts of Dubai designed to use as little energy and water as possible.