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.
Alternative Investments
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
04/08/2019
Emaar, ELIE SAAB announce designing haute interiors for landmark property in Emaar Beachfront
Lebanese designer ELIE SAAB at Emaar Beachfront has an array of lifestyle amenities and offers super views of the Arabian Sea overlooking The Palm
04/08/2019
Egypt’s business recovery signals broad stabilisation in the economy
Monetary policy easing to boost private sector investments
04/08/2019
ADNOC Distribution shines in Abu Dhabi, Saudi drops
ADNOC Distribution jumps 8 pct
04/08/2019
Gulf Investment Corporation reports net profits of $107million for 2018
The announcement follows the approval of the Corporation's financial statements by the Annual General Meeting