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Two new firms to join Saudi Exchange’s parallel market on Tuesday

AME Co. for Medical Supplies’ IPO prospectus was issued in late December last year, financial advisor Aldukheil Financial Group said in a bourse statement.

Bahrain's GFH Financial sets up new company with $1bln capital

Launched to manage a portfolio of infrastructure assets and developments valued at approximately US$3bln

HSBC Reclaims Bond Crown in Mideast and Awaits Spurt to Beat Fed

HSBC topped league table for MENA debt underwriting last year

Dubai to enhance its position as a global liveability hub

The MoU also envisages collaboration in marketing activities designed to promote events and experiences across the tourism ecosystem to further amplify the city’s position as a leading international business, leisure and events destination.

Al-Rajhi Bank gets green light to complete acquisition of Ejada Systems

The completion process came as an extension to the bank of the future strategy, which was launched by Al-Rajhi Bank in 2020

Spate of pro-investor reforms to drive UAE FDI surge in 2022

Investor sentiment towards GCC states in general and the UAE in particular will improve further due to higher oil prices.

UAE's Mubadala invests $100m in Israeli VC firms - report

Entrée Capital managing partner Avi Eyal told the WSJ that he had spent years developing a relationship with Mubadala’s head of venture capital, Ibrahim Ajami, before receiving investment from the UAE fund.

UAE-based Century Financial to invest $100m in J&K on hotels, residential complex

Apart from 3 hotels, the investment also covers a mixed-use complex

GCC investors purchased 1% of EU’s issued bonds for Europe’s recovery: official

Engagement of the [GCC] region is still below our expectations

Dubai Insurance Leads Emiratisation Efforts bringing the company's Emiratization rate to 34%

57 new Locals recruited

Real Estate AUM Expected to Grow by 41% in 5 Years

AUM set to rise to $1.83tn by 2026

New ADIB global sukuk fund raises over $160m

The fund is suitable for investors seeking regular returns above prevailing cash rates over a medium to long-term investment period.

Saudi Wealth Fund Plans to Buy $10 Billion in Stocks in 2022

The Saudi wealth fund has amassed around $500 billion in assets, taking an increasingly prominent role in global markets since receiving a $40 billion transfer from the kingdom’s reserves in early 2020 when the pandemic sent equities into a tailspin

Saudi Arabia to establish first private equity fund for $26mln dedicated to tourism investing

It is expected that the fund will increase investment diversity within the tourism sector through introducing new products and services

UK, Oman Agree to Strengthen Economic Ties, Boost Investment

Britain has close strategic and military ties with countries in the Gulf and it is targeting trade deals in the region following Brexit.

Markaz crowned 'MENA Real Estate Asset Manager of the Year' for 2021 by Global Investor

In recognition of its excellence in investing and managing income-generating real estate assets

Saudi main index opens higher amid stronger market sentiment: Opening bell

Nafiyat Finance Co. saw more than 1.3 million shares traded as of early morning, registering gains of 3.3 percent.

Saudi bank allocates $200mln to finance Tunisian imports of Saudi oil derivatives

Agreement was signed in Tunisia

Abu Dhabi Securities Exchange selects FTSE Russell as benchmark administrator for domestic indices

FTSE Russell provides daily index calculations on the ADX General Index

Bahrain’s Al Waha Fund of Funds to invest in Mubadala-backed FinTech fund

The $50m VentureSouq’s FinTech Fund I invests in companies involved in digital banking and payments infrastructure

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