12/13/2021
Abu Dhabi's IHC approves merger of Al Tamouh and Al Qudra Holding
Al Qudra Holding board also approved a foreign ownership limit of 30%
Alternative Investments
12/13/2021
UAE companies named as Leading MENA Digital Innovators
Crescent Petroleum, RAK Ceramics, Western International, Asmak Holding Company and RAK HR Department named Leading MENA Digital Innovators
12/13/2021
GFH Financial, Wafra buy portfolio of logistics assets in US
Seven of the facilities are leased to FedEx Corp. and the other to General Mills Inc.
12/13/2021
Egypt ‘ready’ to join JP Morgan index by end-Jan
Mohamed Maait said that Egypt has an estimated weight of 1.8 percent in the index
12/13/2021
GCC mergers and acquisitions volumes grow 39% in first half of 2021
The UAE recorded a total of 100 deals with a value of $11bn during the period, according to BCG report
12/10/2021
ING involved in funding Qatar World Cup
Profundo found that 38 Dutch companies are involved in construction projects in Qatar and that at least 19 Dutch pension funds invest in Qatari government bonds.
12/10/2021
Tadawul Group aiming to give 70% of its profits to shareholders
Al-Hussan said that 20 percent of the institution’s tranche subscription went to foreign investments
12/10/2021
AZF signs agreement with Dukhan Bank
We are pleased to team up with Aspire Zone Foundation.
12/10/2021
Saudi to invest 5 bln USD in development projects in Bahrain: official statement
The Council urged the committee supervising the proposed King Hamad Causeway and railway network projects between the two kingdoms to complete economic and financial feasibility studies within a month.
12/09/2021
Saudi PIF aims to invest $5bn in Oman
The agreements were signed by Omani companies fully owned by the sultanate’s investment authority, the Saudi Press Agency and Omani state TV reported on Monday.
12/09/2021
Saudi-Qatari business forum reviews economic, investment ties
Cooperation in economic and investment fields was among a range of topics discussed
12/08/2021
Moon capital Partners Master Fund cuts stake in EKH
Moon Capital Partners Master Fund Ltd has cut its stake in Egyptian Kuwaiti Holding (EKH) (EKHO) to 4.8% from 5.52%
12/06/2021
Global Markets launches Riyadh and Doha offices
Global Markets' vision is to utilize the newest technologies and follow the best research methodologies that fit the GCC culture
12/06/2021
Investcorp launches "Investcorp Investment Seminars" at the BIBF
The sessions will be hosted by Investcorp's Co-Chief Executive Officers, Rishi Kapoor, and Hazem Ben-Gacem, followed by a series hosted by senior members of the team
12/06/2021
Abu Dhabi's Chimera invests $100mln in Gemini Global Development Egypt
Chimera, through its subsidiary, will subscribe to a capital increase in Gemini in return for a significant minority equity stake
12/06/2021
Israeli firm to sell HSBC Tower in New York for $855mln
Completion of the sale is expected by April 1, 2022
12/02/2021
ValuStrat launches Abu Dhabi office, its fifth in the Middle East
“Sohail’s credentials assures our clients we have deep local experience and market knowledge,”
12/01/2021
GFH Financial Group acquires $200mln medical offices in US
The Sharia-compliant deal increases the value of GFH’s healthcare portfolio in the US to more than $400mln
12/01/2021
Bahrain launches investment platform
Enabling investor access to investment opportunities in the kingdom strategic projects valued over USD30bln
12/01/2021
Markaz appointed Market Maker for two companies
It will facilitate the buying and selling of the two companies’ shares by investors and traders through increasing their access to trading opportunities by continuously quoting the competitive prices