Turkey's wealth fund in talks with foreign funds for cooperation: acting chairman
Turkey’s sovereign wealth fund (TVF) is in talks with China’s ICBC, Singapore’s wealth fund TEMASEK and the Russian Direct Investment…
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Bloom CEO says UAE property market region's top performer in 2017
The UAE’s real estate market outperformed those of other countries in the Middle East in 2017, according to Sameh Muhtadi,…
Qatar Re wins ‘Bond deal of the Year’ award
Qatar Reinsurance Company, the reinsurance arm of Qatar Insurance, has won the much-coveted bond/sukuk deal of the year by ‘Debut…
MENA Investors' Forecasts for 2018: Walid Mansour, Partner and CIO, MEVP
We picked the brains of investors looking at the Arab world for their expectations of the MENA entrepreneurial landscape in…
Qatar launches new investments worth QR4 billion
Investments worth more than QR4 billion in projects mainly in the health, education, logistical support, agricultural produce, industry and environmental…
KKR Injects Additional Capital to Support Joulon’s Asset Management Platform
Joulon has announced that KKR has injected additional capital to support the Company’s ongoing acquisition activity. With KKR’s continued…
Saudi Aramco asked banks to pitch for a role in its $2 trillion IPO
Saudi Arabia's state oil company requested pitches from banks to be coordinators and bookrunners for its record breaking initial public…
Saudi Arabia to create $8bn export bank
Saudi Arabia will establish an export bank with capital of US$8 billion to support overseas sales by its industrial and…
Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly launching a pilot initiative that will see…
Bitcoin overtakes gold: Should UAE residents buy it?
Financial experts in the UAE have reiterated a warning about the potential risks of putting their money in bitcoin, as…
English high court confirms that sharia non compliance will not affect the enforceability of an english law agreement in an islamic finance structure
The Financial List in the English High Court has considered the preliminary issue of the validity and enforceability of an…
Banks directed not to misuse Citizen’s Account deposits
The Saudi Arabian Monetary Authority has directed all local banks not use any amounts of money that are deposited in…