Family-owned businesses make up the largest sector of the GCC economy
Approximately 80% of non-oil GDP within the Middle East region is accounted for by family-owned business groups. Typically, these privately-owned…
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Deloitte appoints new Middle East family office head
Approximately 80% of non-oil GDP within the Middle East region is accounted for by family-owned business groups. Typically, these privately-owned…
EY appoints Managing Partner in Oman
EY has announced the appointment of Ahmed Al Esry as the new Office Managing Partner in the Muscat office. Ahmed…
Islamic Development Bank Announces US$2 Billion IDB Infrastructure Fund II
His Excellency Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank (IDB) Group, announced the launch of the US$2…
ALEXBANK to Implement FATCA First of July
ALEXBANK announced that it will start applying the U.S Foreign Account Tax Compliance Act known as FATCA beginning of July1st.…
Dentons advises The National Bank of Ras Al-Khaimah on its USD1 billion Guaranteed Medium Term Note Programme
Dentons has advised The National Bank of Ras Al-Khaimah on the establishment of its USD1 billion Guaranteed Medium Term Note…
QInvest named 'Best Sukuk Structuring House in the Middle East'
QInvest has announced that it was presented with the “Best Sukuk Structuring House in the Middle East” award at the…
Waha Capital buys into Dubai's National Petroleum Services
Abu Dhabi investment firm Waha Capital said on Sunday it had bought a 20.56 percent stake in Dubai-based oilfield services…
Israeli Hedge Fund IT Co Financial Algorithms Reportedly Target of $4 Billion Takeover Bid
Financial Algorithms, an Israeli information technology company that creates trading algorithms for hedge funds, is the target of a $4…
Tonino Lamborghini Plots GCC Hotel And Retail Expansion
Luxury brand Tonino Lamborghini, founded by the son of former Automobili Lamborghini owner Ferruccio Lamborghini, is plotting GCC expansion for…
ASMA set to manage IDB's new $2bn fund
ASMA Capital Partners, a multi-fund asset management platform based in Bahrain, will manage the newly-launched Islamic Development Bank (IDB) Infrastructure…
Statement from the Board of Directors of EFG Hermes Holding S.A.E.
The Board of Directors of EFG Hermes Holding S.A.E. ("EFG Hermes" or the "Company") convened today, 26 June 2014, to…