ICD appoints new CEO
The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) in its 91st Meeting…
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Sovereign funds hiring their own rainmakers
WHEN Lucid Motors, an electric carmaker, announced that it had raised US$1 billion in financing last month, the transaction appeared…
Masdar Signs Region's First Green Revolving Credit Facility to Drive Sustainability Goals
Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks…
QBIC launches fresh wave of LeanStartup
Qatar Business Incubation Center (QBIC) - owned by Qatar Development Bank (QDB) - launched their 11th wave of the LeanStartup…
NY fines UAE's largest bank over lax money-laundering safeguards
Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services has fined United Arab Emirates-based Mashreqbank…
Qatar Sets 2019 for Free Zones Launch
One of the two free zones in Qatar will be operational from the first quarter of 2019, Minister of State…
Qatari firms’ growth momentum continues despite siege
The third quarter earnings for Qatari stocks under the coverage of QNB Financial Services (QNBFS) are expected to deliver a…
Qatar to introduce banking service platform for Fintech
Qatar Central Bank (QCB) is ready to introduce a banking service platform to drive the rapid development of financial technology…
Dubai launches its first investment week amid record foreign inflows
Dubai on Monday launched its first-ever investment week, held under the theme "Investing in Future Transformations" as the emirate celebrated…
Saudi asset manager Sedco adds £137m of European property to portfolio
The firm has acquired a £31.8m 25-acre distribution site in Yorkshire, which is occupied by Eddie Stobart, and a £35.2m…
Egypt’s EFG Hermes looks to Saudi business for expansion
Egyptian investment bank EFG Hermes hopes to close a deal to acquire a Nigerian broker next month and is hoping…
Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019
Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to…