02/20/2023
BlackRock, Standard Chartered join talks at new debt roundtable
Participants include officials from creditor countries China, India, Saudi Arabia, the United States and other wealthy Group of Seven democracies
Alternative Investments
02/20/2023
Oman’s Abraj Energy Services opens IPO
The IPO will also enhance economic diversification policies and attract investors from Oman and abroad.
02/20/2023
Abu Dhabi announces flexible insurance options for entrepreneurs, investors
The insurance options are launched by the Department of Health – Abu Dhabi (DoH), in cooperation with Abu Dhabi Department of Economic Development (ADDED)
02/20/2023
QBA, German entities discuss investment opportunities
At the beginning of the meeting, Sheikh Faisal bin Qassim Al Thani welcomed the German delegation
02/17/2023
Saudi launches company to develop world’s largest downtown in Riyadh
The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues
02/17/2023
AXA Egypt wins North African Insurer of the Year at prestigious MENA IR Awards 2023
Celebrating incredible achievements
02/17/2023
Sharjah Holding annual Board of Directors meeting
To discuss key items such as the Financial and Administrative Affairs Committee's recommendations and updates on the Matajer markets
02/16/2023
Global alternative investor Brevan Howard opens Middle East hub in Abu Dhabi
The asset management firm is leasing space for more than 100 people at the Al Sarab Tower, Abu Dhabi Global Market
02/16/2023
Global alternative investor Brevan Howard opens Middle East hub in Abu Dhabi
The asset management firm is leasing space for more than 100 people at the Al Sarab Tower, Abu Dhabi Global Market
02/15/2023
Jadwa Investment Awarded Best Asset Manager at Saudi Capital Market Forum
“This award validates our strategic discipline and our fundamentals-based investment philosophy. It is also a reflection of Jadwa’s ability to build and retain a strong investment team in a highly competitive environment.”
02/15/2023
Dubai’s Emaar nearly doubles 2022 net profit as property sales surge to $9.5bln
Developer cites improvement business and consumer sentiment, tourism rebound for strong results
02/15/2023
CBK launches RTM
Real estate exhibition for ready-to-move units in Egypt
02/15/2023
Saudi Re wins ‘Reinsurance Company of the Year’ Award at MENA Insurance Review Awards 2023
He award ceremony was hosted by MENA IR in Dubai and highlighted this new regional success for the company
02/15/2023
Dubai Shuaa Capital's Q4 2022 net profit more than doubles
Revenue for the quarter came at AED50.8 million, 38% lower than a year earlier.
02/14/2023
Dubai WGS 2023 update: World needs about $1trln annually to exert energy transition
Speaking on the first day of the World Government Summit (WGS) 2023, Makhtar Diop, Managing Director of the International Finance Corporation (IFC), said the aim of the world leaders should be building a sustainable future
02/14/2023
Oman's Abraj Energy to raise up to $244mln in IPO; Saudi PIF among anchor investors
State energy company OQ will sell 49% in drilling unit
02/13/2023
UAE provides loans, development aid worth $69.48bln in 10 years
Around 148 countries benefitted from the Emirates' aid initiatives in the past 10 years
02/13/2023
RAK Properties reports AED408mln revenues for 2022
Delivers 473 residential units
02/13/2023
Boursa Kuwait increases its net profit by 13.3% to reach KD 18mln for 2022
Total operating revenue came in at KD 35.2 million, an increase of 12.8%, while operating profit came in at KD 22.6, an increase of 22%
02/10/2023
Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022
Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year