MENA fund managers to boost Egypt, UAE investments
Middle Eastern funds plan to increase their investments in Egypt and UAE and decrease allocations in Saudi Arabia, while keeping…
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Warba Bank gets Kuwait CMA’s nod to issue $500mln sukuk
Warba Bank has received the Kuwaiti Capital Markets Authority's approval to issue sukuk at a value not exceeding $500 million.…
Dubai Land Department & BSA launch joint initiative to streamline UAE’s real estate sector
Dubai Land Department and BSA Ahmad Bin Hezeem & Associates LLP subscribed to the Real Estate Lawyer initiative launched to…
SME focus: The big Middle East startup investors this August
A number of funding deals and start-up investments made it to the headlines in the region this month, and Zawya…
UAE’s Utico Signs Restructuring Agreement With Hyflux
UAE headquartered utilities company, UTICO, has signed and released a restructuring agreement with Hyflux, which will give it 88 per…
Sanad Law Group in Association with Eversheds Sutherland building aviation sector presence in the Middle East
Sanad Law Group in Association with Eversheds Sutherland has appointed Hani Kurdi as Partner in its Amman office, acquiring his…
Markaz: GCC markets feel the impact of trade war
Kuwait Financial Centre “Markaz” recently released its Monthly Markets Review report. Markaz report stated that GCC markets ended the month…
Dubai’s Biggest Bank Seeks to Raise Foreign Ownership Limit
Emirates NBD PJSC, the biggest bank in Dubai, plans to open up to more foreign shareholders as the United Arab…
UAE banks asked to treat males, females equally while giving loans
The UAE Central Bank has asked banks and financial institutions in the country to treat male and female customers equally…
Al Hilal Bank appoints new CEO
Al Hilal Bank’s Board of Directors has appointed Abdul Shakeel Aidaroos as the Bank’s new Chief Executive Officer. Abdul Shakeel…
Empower facilitates bill payment through ADCB mobile app
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, announced that it has enabled bill payment…
Abu Dhabi plans first dollar bond issue in two years – sources
Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, three sources familiar with the matter said, its first since…