05/03/2024
Independent consultants scene on the rise in Middle East
Due to the lack of talent, freelancers are stepping in to offer specialized services in various fields – including management consultancy.
Alternative Investments
05/02/2024
SHUAA achieves significant milestone with substantial de-leveraging of a managed fund
The market should view this material milestone as SHUAA’s renewed commitment to continuously safeguard stakeholders’ interests while adopting an approach to asset management based firmly upon fundamental analysis.
05/01/2024
QLM reports insurance revenue of QR279.4m in Q1, up by 14%
The insurance revenue for the three-months period stood at QR279.40m as against QR245.2m in Q1’ 23.
05/01/2024
Abu Dhabi Fund for Development participates in annual meetings of Islamic Development Bank
The meetings included a series of events and forums in the presence of high-level experts from governments and regional
05/01/2024
Knight Frank advises JAS on new warehouse in Dubai South
Knight Frank served as the lead advisor to JAS during its search for a new warehouse
05/01/2024
Saudi Arabia to launch multi-asset investment management platform
This new landmark agreement represents a step forward in PIF's work to make the Saudi investment
05/01/2024
BlackRock, PIF launch multi-asset investment management platform in Riyadh
Both parties have expressed the intention to establish BlackRock Riyadh Investment Management
04/30/2024
Arab Monetary Fund joins Dubai FinTech Summit as a strategic partner to host the Arab Regional FinTech Working Group
AMF to host the Eleventh Meeting for the Arab Regional FinTech WG followed by a workshop on Formulation of Effective SupTech Frameworks at the Dubai FinTech Summit
04/30/2024
COP28 President addresses historic first Board meeting for the Loss and Damage Fund
Urging Parties to build on progress with a fully functioning fund that delivers lasting, positive, socio-economic impact
04/29/2024
PIF set to have $2 trillion in assets under management by 2030: report
In March 2024, PIF’s assets under management surpassed $925 billion, up from $700 billion at the end of 2022
04/29/2024
Alkhabeer Capital launches IPO of its traded fund unit
The Fund aims to distribute periodic returns of up to 8% annually by investing in various income-generating assets across local, and global markets.
04/26/2024
LIBF and TFA Collaborate to Launch Internationally Recognised Certifications in Banking and Trade Finance in Saudi Arabia
The financial education powerhouses are introducing three new public certifications in the banking and trade and transaction banking space.
04/26/2024
Saudi fund PIF's managed assets hit $749bln in 2023
The kingdom's non-oil government revenue reached 457 billion riyals last year and non-oil activities accounted for 50% of real gross domestic product (GDP)
04/26/2024
Investcorp announces $1bn GCC fund along with China’s CIC
This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
04/25/2024
Riyadh Cement’s shareholders greenlight dividends for H2-23
In 2023, Riyadh Cement recorded an annual drop of 0.56% in net profit
04/25/2024
Fakeeh Care Group announces its intention to float on the main market of the Saudi Exchange
The Offer Shares will be offered for subscription to individual and institutional investors
04/24/2024
Egypt: Al Ahly Sabbour eyes $104mln loans for developing 2 projects
Banque Misr is set to provide Al Ahly Sabbour with an EGP 3.5 billion loan for an integrated urban project owned by the firm’s subsidiary LandMark in East Cairo, one source said
04/24/2024
Baker McKenzie advises Allianz Group on the sale of its stake in Allianz Saudi Fransi Cooperative Insurance Co. to ADNIC
Baker McKenzie advises Allianz Group on the sale of its stake in Allianz Saudi Fransi Cooperative Insurance Co. to ADNIC
04/24/2024
QSE edges higher on buying interests in consumer goods, banking and transport
The foreign institutions were seen increasingly into net selling in the main bourse, which saw no trading of sovereign bonds.
04/23/2024
QIC crowned Best Travel Insurance Company in Middle East
QIC has proudly been the preferred insurer in Qatar and beyond since 1964.