10/08/2021
Saudi wealth fund completes deal for Newcastle United FC
The head of the Public Investment Fund, Yasir Al Rumayyan, will become a non-executive chairman of the Premier League club
Alternative Investments
10/07/2021
Saudi sukuk market sees four special deals worth $15mln
Special deals are orders executed when a seller and a buyer agree to trade specific securities at a specific price in order to comply with the Saudi Stock Exchange
10/05/2021
Most GCC equity markets edged higher in September
ADX has best year-to-date return of 53%, says Kamco Invest
10/05/2021
UAE to raise around $3 billion via debut bonds
The UAE cabinet in January approved a public debt strategy aimed at developing the domestic market for local currency bonds and officials have said last year an issuance was imminent.
10/05/2021
Investcorp launches a white paper on India's Digital Economy: primed to unlock a US $1Trillion opportunity
Favourable demographic combined with rising incomes, strongly positions the country to be the world's fastest growing digital economy
10/04/2021
CBD Corporate Services announces expansion into Saudi
CBD will support its ever-growing footprint while giving clients more choice and flexibility
10/01/2021
Saudi Arabia's wealth fund to sell part of stake in Saudi Telecom
The potential transaction is expected to contribute to PIF's establishment and development of new sectors
09/30/2021
Banque Misr concluded its largest syndicated term facility to date
With medium term USD 1 Billion loan from international debt capital markets to finance Projects and contribute to the sustainable development
09/30/2021
UAE residential market expands at ‘fastest pace since 2015’: Knight Frank
Villas in Dubai led the price surge - up by 5 percent in the same period and nearly 17 percent higher than they were at this time last year.
09/29/2021
Energy crunch: How high will oil prices climb?
Surging demand coupled with supply shortages has sent crude prices to a near three-year high.
09/29/2021
PraxisIFM secures coveted corporate services provider licence in the UAE capital
Global services company celebrates significant office milestone and sees a bright future for business development in the region
09/29/2021
Network International completes acquisition of DPO Group
Company to become the fastest-growing payments company in the Middle East and Africa
09/28/2021
Palm Hills Developments inks syndicated loan deal
Banque Misr and NBE contributed equally to the loan
09/27/2021
Interest in sustainable investing on the rise in UAE, survey finds
Seven in 10 investors in Emirates wish to leave a positive legacy, says Standard Chartered
09/27/2021
Jadwa Investment announces secondary offering for Saudi REIT Fund
Jadwa REIT Saudi Fund is a closed-end, Shariah-compliant, real estate investment traded fund with a term of 99 years and a total gross assets value of SR2.19 billion.
09/27/2021
Al Zeyoudi chairs third Board of Directors meeting of Etihad Credit Insurance in 2021
The Deputy Chairman also commended the organisation's exceptional business performance in the first eight months of 2021 and its strong resolve to support UAE businesses and boost their competitiveness in regional and international markets.
09/27/2021
Bahrain’s Investcorp set to be a $100bn company in 7 years: CEO
The company is currently pursuing a five-year growth plan.
09/23/2021
Central Bank of UAE projects 4.2% GDP growth in 2022
In Q2-2021, outward personal remittances form UAE increased by 8.7% year-on-year
09/23/2021
Egypt CIRA’s OGM nods to cash dividends distribution
The dividends will be paid within a month from the date of holding the OGM
09/23/2021
Govt companies in Oman urged to be self-sustaining
No government companies will get money from the state’s general budget to run their business