10/24/2018
Abu Dhabi's Mubadala hires banks to arrange 10-year dollar bond
A Rule 144A/Reg S senior unsecured 10-year bond sale might follow, subject to market conditions, as well as a liability management exercise.
Alternative Investments
10/23/2018
More than just technology
Digital transformation is all about experience, convenience and speed
10/23/2018
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund
Deal shines a light on private equity firm’s incentives
10/22/2018
HSBC sees growth in China driven opportunities in Middle East
UAE expected to play a pivotal role in trade and investment flows
10/22/2018
Abu Dhabi crowdfunding initiative huge boost to SMEs
SMEs, which comprise about 95% of the total establishments in the UAE, employ more than 42% of the workforce and are key engines of our economic growth
10/22/2018
Saudi Arabia sets up special economic zone to attract investors after Khashoggi backlash
The establishment of the Integrated Logistics Bonded Zone, or ILBZ, forms part of a larger effort to attract foreign investment into a number of sectors, including ICT, tourism and financial services.
10/18/2018
Nebbex, a revolutionary new semi-decentralised vault, aims at solving the problem of asset losses from hacking which is affecting cryptocurrency exchanges
The Nebbex™ Protocol revolves around a patent-pending off-line system using smart contracts to reconcile assets out of a physical vault, in which all assets are held in deep cold storage.
10/16/2018
Waha Capital acquires stake in Petronash
UAE investment firm may further raise its stake in oilfield services company to 50%
10/16/2018
Kuwaiti-Qatari trade volume touches $360 million in 2017
KCCI’s board member Wafa Al-Qatami represented the Kuwaiti side at the forum, while the Qatari side was represented by Hassan Al-Mansouri, Executive Director of Qatar Export Development Agency “Tasdeer”, added the statement.
10/16/2018
UAE launches low-cost insurance initiative for workers
This sum will include end-of-service benefits, vacation allowance, overtime, unpaid wages and certain cases of injury in the workplace.
10/16/2018
UAE rolls out affordable insurance scheme to replace bank guarantees
The country is abolishing a guarantee system that requires a deposit of Dhs3,000 per employee
10/15/2018
Fairway Group launches operations in Bahrain
The move into Bahrain comes on the back of the Fairway Group’s long and successful partnerships in the Gulf region, including with Emirates NBD in Dubai.
10/15/2018
Saudi buyers snapping up European commercial real estate
Saudi Arabian asset management firm SEDCO Capital recently acquired three properties worth $179.9m across France and the UK as investments
10/15/2018
View from abroad: UAE dominates M&A deals closed in Q3, especially among foreign investors
Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day
10/15/2018
Burgan Bank successfully completes its rights issue
The rights issue was oversubscribed with participation from the bank’s existing shareholders, underscoring the strength of the franchise.
10/15/2018
UAE calls for IMF, World Bank support in Mena region
Meeting discussed private sector’s role in the region’s economic transformation
10/15/2018
Bank Muscat posts OMR134.74mn net profit
The bank's operating expenses for the nine-month period ending September 2018 were OMR141.72million as compared to OMR134.43 million for the same period in 2017, an increase of 5.4 per cent.
10/15/2018
Saudi Arabia’s investment conference set to attract movers and shakers from business world
The kingdom’s economy is set to expand by at least 2.2 per cent this year, according to the IMF
10/12/2018
Lebanese fund turns to diaspora to revitalise real estate
Lebanon’s first real estate investment platform
10/11/2018
Qatari firms’ growth momentum continues despite siege
Market recovery since mid-March has been driven by increased FOLs (and the resultant foreign flows) led by QNB and is being sustained by improving oil prices.