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Alternative Investments

06/14/2023

Saudi Arabia’s NDMC closes June sukuk issuance at $667m

According to an S&P Global report released in January, global sukuk issuances are expected to continue declining in 2023 to about $150 billion compared to $155.8 billion in 2022 and $170.4 billion in 2021.

06/13/2023

Jersey Finance’s Dubai Funds Event Spotlights Jersey’s Strengths for Accessing International Capital

Elliot highlighted how Jersey’s well-established model offers clear advantages to Dubai-based fund managers

06/13/2023

Dubai's residential rents slacken, but sales prices continue to grow

Average sales prices for villas in the emirate have now surpassed the previous peak in 2014Average sales prices for villas in the emirate have now surpassed the previous peak in 2014

06/13/2023

UAE seeks to bolster economic, investment ties with South Korea

The two countries agreed on new plans in the field of entrepreneurship, including programs and facilities to foster startup growth

06/09/2023

Dubai group swoops for Wolverhampton finance firm

Aroma Global has purchased investment consultancy MitonOptimalPortfolio

06/09/2023

Dubai International Chamber attracts five MNCs and 20 SMEs during Q1 2023

Surpassing its 2022 achievements

06/05/2023

National Development Fund supports Saudi economy with $8bn financing in Q1

The report highlighted various achievements, agreements and new initiatives that helped in maximizing the developmental impact on the Saudi economy.

06/02/2023

Innovative financing solutions attract firms to UAE amid global capital crunch

Global technology and aerospace companies including Thales and Baker Hughes praised the UAE’s ability to attract foreign direct investment and talent

06/02/2023

Supporting the UAE’s road to net zero as countdown to Cop28 begins

Climate technology innovation and a commitment to fund support green and transition projects are critical

05/30/2023

First-quarter profit of UAE’s top 10 banks up 35% on lower impairments

Their aggregate net income hit $5 billion in the January-March period, consultancy Alvarez & Marsal says

05/29/2023

Saudi: Bupa Arabia’s profits surge 122% in Q1-23

The insurance revenues enlarged by 27.20% YoY

05/29/2023

Aldar adds landscaping services to its growing property and facilities management platform through acquistion of Basatin

Basatin adds another key business line to Aldar Estates’ growing platform of integrated property and facilities management services

05/25/2023

Qatar Investment Authority invests further in marketing platform Insider

Now, we are looking to achieve unparalleled levels of growth with an M&A-focused strategy.

05/25/2023

RAK Properties launches beachfront ‘Bayviews’residences in Mina Al Arab

Studios, one and two-bedroom units for buyers of all nationalities available for purchase from 26 May

05/24/2023

Abu Dhabi ADNOC and TAQA award sustainable water project worth up to $2.4bln

A consortium will hold 49% stake and arrange project financing

05/24/2023

Qatar hopes to attract foreign asset managers through its new market-making program

The report pointed out that the support of government policies in Qatar

05/23/2023

ADNOC raises size of its logistics unit IPO on heavy demand

The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process

05/23/2023

Middle East can drive sustainable change through ‘Transition Investment’ Strategy: NYUAD report

This form of investment is vital to overcoming the current global “polycrisis” – a simultaneous occurrence of multiple, interconnected challenges that worsen each other

05/23/2023

Abu Dhabi's Mubadala signs deals to acquire over 90% of Fortress equity from SoftBank

Terms of the deal were not disclosed

05/19/2023

UAE's largest Takaful insurer SALAMA prepares for new growth phase

With appointment of Walter Jopp as Chief Executive Officer

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