All Articles

Environment and Sustainable Investments

World Bank chief urges ‘immediate actions’ by GCC to tackle water, energy security

November 10, 2022

The World Bank’s regional director for Gulf Cooperation Council countries has urged the organization to take “immediate actions” to address…

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Sovereign wealth

Qatar's QIA deposits $1bln in Egypt's central bank – report

November 10, 2022

Qatar’s sovereign wealth fund, QIA, has deposited $1 billion with Egypt’s central bank as part of a deal to buy…

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Environment and Sustainable Investments

UAE’s green bonds, sukuk market valued at $17bln

November 10, 2022

As part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian resort of…

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Property & Real Estate

Dubai to build world's tallest residential skyscraper

November 10, 2022

Binghatti on Wednesday announced a project to develop the world’s tallest residential structure in Dubai — Burj Binghatti Jacob &…

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Retail Banking

Deutsche Bank expands support for Egypt’s sustainability ambitions

November 10, 2022

Deutsche Bank is expanding its support for the Government of Egypt’s ambitious plans for energy transition by becoming a founding…

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Executive Moves

Abrdn EMEA sales boss exits

November 10, 2022

Stuart McGlynn has announced he will be leaving Abrdn after over two decades at the firm.     After joining Standard…

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Legal

UAE: Company director fined Dh400,000 for employing workers illegally in Dubai

November 9, 2022

Dubai Naturalisation and Residency Prosecution has referred a director of a human resources consulting company to the court on charge…

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Hedge Funds & Alternative Investments

Dubai’s Nakheel secures financing worth $4.6bn to drive growth

November 9, 2022

Dubai’s real estate developer Nakheel has secured Dhs17bn in a strategic financing deal to drive its new phase of growth.…

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Regulation, Risk & Compliance

New UAE visa rules: Validity decreased for visas issued in free zones

November 9, 2022

The validity of freezone visas issued in the UAE has been reduced from three years to two, Khaleej Times can…

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Regulation, Risk & Compliance

Saudi Kayan signs murabaha facility worth $800mln

November 9, 2022

Saudi Kayan Petrochemical Co. has signed murabaha revolving credit facility agreement for 3 billion riyals ($800 million) with Saudi National…

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Hedge Funds & Alternative Investments

Agthia Q3 revenue grows 20% to $260mln

November 9, 2022

Agthia Group PJSC, one of the region’s leading food and beverage companies, today announced net revenue of AED954 million for…

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Hedge Funds & Alternative Investments

Kenya secures Sh3.6 trillion in investments at Egypt summit

November 9, 2022

Kenya has made investment deals in upwards of Sh3.6 trillion ($30 billion) at the ongoing climate conference in Egypt, President…

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