Economic Substance Regulations
As part of the UAE’s commitment as a member of the OECD Inclusive Framework, and in response to an assessment…
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FAB issues five-year US$500 million Sukuk
First Abu Dhabi Bank has issued the lowest-ever yield on any five-year MENA bank USD issuance with a US$500 million…
Access Bridge Ventures marks first closing of its $25m regional venture capital fund
Access Bridge Ventures, a newly launched regionally focused early-stage venture capital fund, has made a first close. The fund,…
Silver Linings Even in Adversity
• Even trouble in Congress can’t stop the bull run in asset prices. • Biden’s majority in both houses opens…
Credit Suisse opens branch in Riyadh in Saudi push
Credit Suisse AG has opened a branch in Riyadh, strengthening its Saudi Arabia franchise, the bank said in a statement…
QIB and Qatar Post to launch Qatar's first fully integrated postal delivery Point of Sale
Qatar Islamic Bank has launched the first fully-integrated postal delivery Point of Sale (PoS), in partnership with Qatar Post and…
Saudi investors among $25m fund to support regional startups
Abu Dhabi-based Access Bridge Ventures has announced the first close of its early-stage venture capital fund, with prominent Saudi names…
UAE and Britain powering ahead to green energy targets
With climate change and resource scarcity looming, the global green technology sector is leading the charge to create a cleaner…
Advanced technology will not impact Saudi employment: Saudi minister
Bandar Alkhorayef, Minister of Industry and Mineral Resources, said that any replacement of humans by advanced technology, including artificial intelligence,…
Saudi regulator studies direct listing on main market
Mohammed ElKuwaiz, Chairman of the Capital Market Authority said that direct listing on Nomu Parallel Market was successful, and a…
NBK says 2021 could be best year for Mideast private equity investments
This year could be the best yet for private equity investments in the Middle East and North Africa region as…
Consultants to deliver transport plan for The Red Sea Project
Global engineering consultancy Mott MacDonald is now part of The Red Sea Project – among the largest and most sustainable…