04/06/2022
Azimut Egypt manages assets exceeding $547mln, aims to grow 20% by 2022-end
Daily News Egypt interviewed Abou El-Saad to learn about Azimut’s business plans in 2022
Alternative Investments
04/06/2022
Citi Launches Sustainable Trade and Working Capital Loans
These new loans help Citi’s corporate, commodity, financial institution, and commercial banking clients manage their working capital needs by funding their international trade finance and day-to-day commercial activities.
04/05/2022
UAE banking sector pivots to new resilience mechanisms to spur growth
The UAE banks have emerged stronger than ever after the economic slump brought about by the pandemic
04/05/2022
Bahrain real estate market sees ‘encouraging signs’
Citing data from the Survey and Land Registration Bureau, Property Finder noted that the value of real estate transactions in the kingdom rose by 46%
04/05/2022
Kuwait ranks third in GCC for personal luxury goods
Kuwait recorded the highest growth in the Gulf region in 2021 compared to 2019 at 35%
04/05/2022
Dubai Future Foundation partners with Richemont to develop new solutions in the luxury retail sector
To provide opportunities for entrepreneurs and startups from around the world to share innovative ideas
04/05/2022
Banking, financial firms drive QSE listed firms’ profits
Net profits of firms in the banking and financial have increased around 13 percent in 2021 compared to a year ago.
04/05/2022
Egypt’s sovereign fund eyes cooperation with PIF
The fund’s agreement with PIF includes identifying specific sectors for cooperation, Soliman explained.
04/04/2022
Al-Omar: KFH attracts promising talents for creating competitive advantages
Also, the bank provides flexible and enhanced work processes to execute innovative initiatives and participate in introducing the best banking solutions that would improve customer experience.
04/04/2022
Etihad Credit Insurance achieves record-high milestones in 2021
Export credit agency has issued 6,620 revolving credit limits in 2021, up 229 per cent from the 2,013 facilities a year earlier
04/04/2022
Moscow Outbound Private Investment Moves To Dubai
Decisions may still be made in Moscow, but Dubai is becoming the Asia investment back office
04/04/2022
Bahrain Bourse ‘to list five state companies this year’
The public will be offered shareholding in five government-run companies this year, according to Shaikh Khalifa bin Ebrahim Al Khalifa, the top official of Bahrain Bourse (BHB)
04/04/2022
UAE's Aldar acquires massive plot in Saadiyat Island valued at $1bln
The construction is scheduled to begin in the second half of 2022 over a 4-year development period
04/04/2022
Oman’s Omnivest subsidiary NLGIC to acquire RSA Middle East
Sale expected to be completed in Q3 2022
04/04/2022
AfDB Seeks Significant Investment Partnerships With UAE
Mr Adesina made the call during his official three-day visit to the kingdom which covered engagements in Dubai and Abu Dhabi.
04/04/2022
Middle East Venture Partners eyes investment in SA start-ups
Company has set aside $50m for funding in Africa, about half of which has already been allotted
04/01/2022
Kuwait Fund Must Hand Over Papers in Bonus Spat With Ex-Managers
The KIA and Hard both did not immediately respond to requests for comments through their lawyers.
04/01/2022
Saudi Arabia to localize key jobs in fun cities
“100% of jobs at fun cities at malls and 70% of jobs in permanent and seasonal fun cities as well as in family recreational centers will be Saudized effective from September 23, 2022,” the ministry said
04/01/2022
Agility, Menzies boards agree on $750mln takeover deal
The board of Menzies intends unanimously to recommend the cash offer to their shareholders.
04/01/2022
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal