04/20/2021
Faisal Bank of Egypt’s business volume rises
Faisal Islamic Bank of Egypt (FAIT) levelled up 11.2% Year on Year (YoY) by the end of March 2021
Alternative Investments
04/20/2021
NBK-Egypt launches new corporate banking solution
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the Gulf Region; it is considered the largest financial institution in Kuwait.
04/19/2021
Dubai-based Oman Insurance gets 'positive' rating from S&P
Insurer could have rating raised if it further strengthens operating performance
04/19/2021
Sharjah Insurance's shareholders approve 7% dividends for 2020
Cash dividend distribution aggregates at a total amount of $2.6mln
04/19/2021
Emirates NBD and Etihad Credit Insurance sign agreement to ease bank's businesses access to trade finance
The partnership is in line with the UAE government’s ‘Make it in the Emirates’ initiative
04/16/2021
More than QR783m volume of real estate transactions during past week
The total value of real estate transactions in the period between March 28 to April 1 was QR681,27,69.
04/16/2021
Qatar shares outperform as cap on foreign ownership removed
The cabinet also decided to keep central bank liquidity support for local banks
04/15/2021
Deyaar profits rise, sees Dubai property demand growing
Deyaar recently handed over its Bella Rose development in Dubai Science Park.
04/15/2021
Saudi's SABIC to distribute $1.2bln in H2 2020 dividends
Eligible shares will be entitled to a dividend of SR1.5 per share
04/15/2021
Six selectors reveal popular fund products in Middle East
Clients will have to prepare to stomach higher volatility, but we think that’s the only way to future proof their portfolios and brace for lower returns to come.
04/14/2021
Franklin Templeton celebrates 20 years in the Middle East
The organisation opened its first office in Abu Dhabi in the Middle East in 2000
04/13/2021
Egypt Sovereign Fund puts Tahrir Complex development into motion
Diversifying uses of Tahrir building will ensure bringing in non-stop returns, whether from hotel or commercial units: Fund’s CEO
04/13/2021
Dubai’s Alabbar to lead new digital-only UAE bank
Online banking has become increasingly popular in the UAE, especially as a result of restrictions as a result of the pandemic
04/13/2021
How investors' confidence has been renewed as coronavirus recovery continues
Investors are increasingly seeking opportunities in emerging markets, healthcare, tech, green industrial sectors in the wake of the pandemic
04/12/2021
Lenders push Saudi index down
Other GCC markets traded higher ahead of first-quarter results
04/12/2021
Lootah Global Capital and Heritage Amanah International to advice on Indonesian tech company's Gulf IPO
The companies agreed to explore opportunities between Mena and South East Asia following the UAE's investment in Indonesia's sovereign wealth fund
04/12/2021
Dubai FDI and CIG Group partner to boost investment in the UAE
The strategic alliance will promote cross-border business and investment opportunities
04/12/2021
Emaar Properties highlights resilient performance at its 25th annual general meeting
The dividend distribution proposal from the Board of Directors representing 10 per cent of the share capital was approved at the AGM, confirming Emaar's keenness to ensure added value for its shareholders
04/12/2021
Middle East and Africa M&A activity jumps 52% in Q1 2021
M&A targeting the region reached $32.7bn across 110 deals, up from $21.5bn in 85 deals in the first quarter of 2020
04/09/2021
Investments get ‘real’ as inflation fears dim appeal of bonds
“The reversal of bond yields this year is the game changer for the 60-40 portfolio,”