04/15/2019
UAE's Damac secures £175 million in bank finance for Versace branded tower in London
3 banks involved in funding, including Emirates NBD, for 50-storey Versace branded tower
Alternative Investments
04/15/2019
Real estate investments amongst UAE-based Filipinos climb to all-time highs: report
Philippine property market expected to cross double-digit growth this year
04/15/2019
Growing demand to support Islamic insurance premium growth
Despite current slow pace of growth in premiums, industry has huge potential for expansion
04/14/2019
Egypt mulls Panda, Samurai and Sukuk issuances for next fiscal year
Diversification of instruments and a gradual shift from short-term debt toward longer-dated credit are pillars of a four-year debt strategy designed to reduce the burden for one of the Middle East’s most indebted countries.
04/14/2019
Top European markets ‘continue to draw Mena investors’
This has led to huge investment domestically via PIF, the Saudi Sovereign Wealth fund.
04/14/2019
Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources
Proceeds from the Sabic deal, which Saudi Aramco has said is expected to close in 2020, could take a few months to come through to PIF, while a document seen by Reuters said the oil giant will pay for the deal in tranches.
04/12/2019
Qatar plays key role in promoting Shariah-compliant funds: OBG
In the early days of Islamic funds, the core customer base was made up of investors seeking a return from the market in a manner that did not contravene their religious, or ethical principles.
04/11/2019
Bahrain's Investcorp keen on Bangladesh
The Investcorp team has shortlisted three sectors to plough their funds into: infrastructure, consumer products and ICT.
04/11/2019
Turkey to inject $4.9bn into ailing banks as part of economy reform package
Finance minister also promises changes to the pension and justice systems as part of his New Economy Programme
04/11/2019
Consolidation drives Q1 MENA M&A to highest value on record: report
Spike in MENA M&A deal value the highest on Mergermarket record
04/10/2019
Accor Group unveils vision for growth in Middle East and Africa
The MEA region makes up 40% of Accor’s residential pipeline
04/10/2019
Getting in early: Investing in start-ups
Want to invest in early-stage business ventures in the region but don't know where to start?
04/10/2019
Aramco receives blockbuster $100 billion demand for bond
Order book is set to be largest ever seen in emerging markets
04/10/2019
Confronting a new era with mergers
The recent merger mania in the UAE banking sector follows a relatively quiet decade for such deals.
04/09/2019
Aristo to market residential resort in Egyptian market with €100m in investments
Company sold property to Egyptians with sales worth €20m in 3 years, says Marketing Manager
04/09/2019
Carlyle Group to acquire up to 40% stake in Cepsa from Mubadala
The total enterprise value of the company has reached $12 billion after the deal.
04/09/2019
Gulf states confront new era of low oil prices with merger wave
Banks across the Gulf are leading a record wave of mergers and acquisitions as governments look for ways to stay competitive and battle slow growth.
04/09/2019
Dubai ranks 6th globally with $10.5bn FDI in 2018
Dubai attracted 523 FDI projects that have led 25,000 new jobs being generated in the emirate
04/09/2019
Performance of most GCC markets improve: Markaz
Kuwait and Saudi Arabia clock 12% yearly gain each in 2019
04/09/2019
UAE payment firm Finablr to launch London IPO
Holding firm Finablr is behind brands UAE Exchange, Travelex Holdings and Xpress Money