12/27/2018
Noor Takaful targets family groups for growth
Privately-owned operator hopes breadth of offer could appeal to region's conglomerates
Alternative Investments
12/27/2018
CIB Establishes Egypt's First Corporate Venture Capital Firm
CVentures will pre-dominantly participate in Series A and Series B investment rounds in Egypt, the Middle East, Africa and other highly regarded cross-border market economies, in addition to considering Seed investment rounds across similar markets.
12/27/2018
Arzan wealth advises on third lending deal under the Real Estate Debt Platform
Arzan Wealth (DIFC) advised on a senior secured loan opportunity in the United States, as part of the recent strategy focusing on investments into debt structures
12/26/2018
Dubai joins India’s GJEPC in its MyKYCBank initiative
The GJEPC had launched the MyKYCBank initiative after billionaire Nirav Modi defrauded Punjab National Bank (PNB) to the tune of Rs13,000 crore along with his uncle Mehul Choksi early this year.
12/26/2018
Egypt, UAE and Tunisia among best countries worldwide in developing renewable energy
The report stated that the UAE has become one of the best countries in developing energy efficiency.
12/24/2018
Kuwait's NREC pens $200m Grand Heights Egypt deal
NREC subsidiary Kuwaidco and Bader El Dean Group to develop 35ha townhouse community west of Cairo
12/20/2018
The $259bn question: Saudi Arabia's 2019 budget under the microscope
Some say the budget is achievable because oil prices are currently “irrationally depressed
12/20/2018
Mideast entrepreneurs among world’s most ambitious and dynamic communities: HSBC
The report, which researched views of more than 3,700 successful entrepreneurs across eleven countries, revealed that the entrepreneurs in the Middle East tend to set up their businesses at a younger age against their global counterparts.
12/20/2018
Dubai's ultra-prime property still a magnet for investors
Supply in the ultra-prime category is still somewhat limited in Dubai
12/20/2018
Nasdaq Dubai to Launch Futures on MSCI Index in January
With the exception of Kuwait, Gulf Arab stock markets have been slow to introduce futures and options.
12/19/2018
Dubai sovereign wealth fund records 23% uptick in first half revenue
The Investment Corporation of Dubai posts Dh115bn in revenue
12/19/2018
BoI rallies Dubai investors on bilateral investment opportunities
He assured that the chamber would extend all necessary support to improve trade and investment relations between Nigeria and Dubai.
12/19/2018
Dubai’s property market slump hits construction sector
While 865 developers were registered with the Dubai Land Department in 2018, one in four had projects currently active
12/18/2018
Shuaa Capital begins consolidation after buying Kuwait’s Amwal
Shuaa said earlier this year that it had struck a deal to boost its stake in Amwal to more than 87 percent.
12/17/2018
NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank
CEO outlines NBK Capital’s strategy in interview with Sky News Arabia
12/17/2018
Boom years ahead for Middle East
Growth ahead in next 8-10 years; UAE, Saudi Arabia to lead region
12/17/2018
Saudi pledges Tunisia financial aid of about $830m
Tunisia is struggling to cut its budget deficit and stabilise falling foreign currency reserves
12/17/2018
Qatar Fund building venture capital unit for US startups
Saudi Arabia has since grabbed the spotlight for technology deals after pumping US$3.5 billion into Uber and allocating US$45 billion to SoftBank Group Corp.'s Vision Fund.
12/17/2018
Kuwait allows limitless foreign trade, ownership in bank shares
The ministry said the decision aims to attract and facilitate foreign investment in Kuwait especially in the banking sector.
12/14/2018
UAE Forum Opens Room for Debating 2019 Economic Prospects
The world’s economy is in constant movement.