11/15/2021
Gulf Insurance Group raises KWD 60mln for Kuwait's first perpetual bond in KWD and first bond issued by an insurer
Kamco Invest acted as the Lead Manager & Structuring Advisor
Alternative Investments
11/15/2021
Amlak Finance reports $294mln profit to September
The increase in income is attributed to arbitration settlements and debt settlement arrangements
11/15/2021
Kamco Invest reports net profit of KWD8.2mn
Income generating properties were acquired in the UK and US on behalf of clients with a total value of USD343mn.
11/14/2021
GGICO posts Q3 loss at $6.55mln
Investment company said losses of $478 million were due to impairment of assets in a challenging market and finance costs incurred by the company in previous years
11/11/2021
Abu Dhabi Securities Exchange, Bahrain Bourse sign strategic partnership agreement
The two entities will introduce products and services including exchange-traded funds, smart order routing and cross-border direct trading
11/11/2021
Turkey’s Akbank receives US$ 50 million EBRD loan to finance women-led firms
The funds are part of the EBRD’s newly expanded flagship Women in Business programme, which is providing a total of €600 million to women-led businesses through Turkish banks.
11/11/2021
Omniyat Redefines Dubai’s Penthouse Market
Boasting bespoke amenities and facilities, surrounded by awe-inspiring sustainable landscaping design and exquisitely crafted interiors, all managed by Dorchester Collection, the property appeals to those looking for the highest standards of premium livin
11/11/2021
Bahrain set to raise $2bln with dual-tranche bond
BNP Paribas, Citi, JPMorgan and National Bank of Bahrain are arranging the debt sale
11/10/2021
Bahrain hires banks for dollar bonds and sukuk - document
Bahrain is planning to issue 7-1/2-year sukuk, or Islamic bonds, and 12-1/2-year conventional bonds
11/08/2021
Qatar First Bank completes acquisition of 'Ten West Corporate Center One'
Class A Office fully leased to 'Wood Group' in Houston, Texas, Energy Corridor
11/08/2021
Saudi stock exchange Tadawul appoints SNB Capital as lead manager for IPO; plans sale for individuals on Nov.30
Al-Hussan confirmed the existence of about 30 to 40 companies planning to list in the financial market.
11/08/2021
Saudi stock exchange set for December trading debut, CEO says
The offering could value the bourse at between $3bn and $4bn
11/07/2021
Downtown Dubai luxury penthouse snapped up for $13.6m
The property also boasts a luxurious 30,000-sq-ft pool side garden and deck, dedicated chauffeur accommodation, 24-hour maintenance and concierge services, a well-equipped fitness centre, valet services, and some of the best security facilities available
11/05/2021
Abu Dhabi Securities Exchange launches derivatives market, to introduce index futures in 2022
Move part of strategy to boost liquidity, enhance product offerings
11/04/2021
Saudi's SRC and Bank Aljazira to purchase $80mln real estate financing portfolio
The deal aims to provide long term liquidity for the residential market: SPA
11/04/2021
Turkey carries strong growth momentum into 2021, EBRD says
The recovery is being supported by a post-lockdown rebound in domestic demand and strong exports driven by healthy external demand.
11/03/2021
Dubai-based Tarabut Gateway concludes $25m funding rounds
It is the first licensed Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) in the Middle East & North Africa (MENA) region.
11/03/2021
Dubai developer says he's shocked by property rebound
Sajwani said that has made the city an attractive destination.
11/03/2021
Oman's economy recovering, economic indicators very reassuring: Al Saqri
The Minister of Economy said that the 10th five-year plan seeks to achieve an average real growth rate in GDP
11/02/2021
Saudi Arabia appoints financial advisers for a planned green debt issuance
"The sovereign has multiple projects that are green. We have a lot of solar, wind, power plants that require financing and we have multiple new plans in the pipeline,"