02/04/2019
Global awarded “Best MENA Equity Fund”, “Best Sector Fund” by MENA Fund Manager
The Global GCC Large Cap Fund was named “Best MENA equity Fund”.
Alternative Investments
02/04/2019
Fitch affirms Emirates NBD at 'A+'; outlook stable
Fitch expects high willingness from the authorities to support the banking sector.
02/04/2019
FTSE Russell and Nasdaq Dubai announce Saudi equity indices for derivatives trading
Futures trading to begin later this month
02/04/2019
Mena M&A deal value up 69pc to $27bn in 2018
The significant growth in deal value was driven by increased deal-making in the UAE
02/04/2019
Oman Aviation seeks adviser for multi-billion financing – sources
Oman increasingly relies on borrowing to offset a widening budget deficit caused by a slump in oil prices
02/01/2019
Dubai Investments Park postpones Islamic bonds sale
DIP said more attractive funding alternatives were available
02/01/2019
Qatar Investment Authority invests $200 mn in Airtel Africa
The latest transaction would not involve any sale of shares by existing shareholders, Airtel Africa said
02/01/2019
Deyaar posts 7.4pc jump in 2018 net profit
The Dubai developer said it had been successful in handing over two of its flagship projects in 2018.
01/31/2019
Swiss firm unveils UAE edition watch worth Dh2 million
Jaquet Droz launches Bird Repeater Falcon as a tribute to UAE culture
01/31/2019
Dubai-based solar developer raises $65m to power MENA
He said they aim to build 300 megawatts of solar in the next 2 years, to benefit hundreds of businesses and the broader economy.
01/31/2019
TCS Bancs core system shows Solidarity in Bahrain
Insurance firm Solidarity Bahrain will deploy TCS Bancs’ core insurance system for a digital revamp
01/31/2019
UPDATE 1-Dubai Investments Park postpones Islamic bonds sale
The market downturn has put pressure on property developers’ existing bonds, with yields rising sharply in recent months, underperforming other sectors.
01/30/2019
Saudi Arabia hopes to lure over 425 bln in investments
Energy Minister Khalid al-Falih, speaking at a hotel in Riyadh, said the investments would be made in the fields of industry, mining, energy and logistics.
01/30/2019
Middle East bank battering could claim Lebanon
Return on assets will fall further to 1.2% despite higher government bond yields, with most countries implementing strict Basel III capital adequacy criteria.
01/30/2019
Banks lift Saudi, blue-chips elevate major Gulf markets
Saudi hits highest level since Aug 2015
01/30/2019
Acquirers cast eagle eye on UAE financial adviser firms
Valuations look attractive to buyers, as market poised for consolidation
01/30/2019
M&A Bankers Wanted for Gulf Merger Boom
Just one month into the year, five banks are merging
01/29/2019
Dubai works to create best ecosystem for startups
There is increasing demand for company formation services among entrepreneurs in the UAE
01/29/2019
Colony Capital acquires Abraaj's Latin American private equity arm
The firm had structurally borrowed new funds to fill the gaps, and owed creditors over $1 billion.
01/29/2019
Pantheon Development launches new $54m project in JVC, Dubai
Kalpesh Kinariwala, founder and chairman of Pantheon Group, refers to the market and project as promising.