Software spending in region to grow by 7.4 per cent
Banking and securities companies in the Middle East and North Africa will spend approximately $12.9 billion on IT products and…
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Al Yusr Islamic opens branch in Nizwa
To reach out to the largest number of customers in the Sultanate, Al Yusr Islamic Banking of Oman Arab Bank,…
Israeli group plans to sell stakes in Turkish bank
Israel’s Hapoalim Investment has plans to sell a majority stake in Turkish BankPozitif, amid political coolness between Israel and Turkey,…
Sovereign wealth funds invest in UK mobile phone operator
The Abu Dhabi Investment Authority (ADIA), Singapore’s GIC, the Canada Pension Plan Investment Board (CPPIB) and Caisse de dépôt et…
Vietnam's tallest building offered for sale at $770 million
According to the latest information in Hankyung Daily (South Korea), the Qatar Investment Authority has announced the valuation of the…
Conyers’ Fawaz Elmalki named as industry leader on MENA FM’s Power 30 List
Fawaz Elmalki, director and head of Conyers’ MENA investment funds practice in Dubai, has been named to the MENA Fund…
Saudi debt markets could open to foreign investors
The current makeup of Saudi Arabia’s debt market, and the options for large enterprises looking to raise funds formed the…
Saudi Arabia Likely to Be Classified as Emerging Market, MSCI Says
Saudi Arabia, the Middle East's biggest economy, is likely to be classified as an emerging market following the opening of…
Ambassador Javed Malik brings investment delegation to Pakistan
Ambassador Javed Malik, PM's Special Envoy led a delegation of British and Canadian businessmen which met Chief Minister Balochistan, Dr…
China's ICBC eyes Islamic finance in tie-up with IDB
The Jeddah-based Islamic Development Bank said it was teaming up with an arm of Industrial and Commercial Bank of China…
Major venture capital issues discussed
Venture capital issues were discussed at a key meeting yesterday. The Waqf Fund held its eighth roundtable discussion on…
Innovations in Islamic Finance 2015: Balancing innovation and integrity
It’s an industry where asset growth regularly nudges 20% a year, but one that has been all but abandoned by…