Egyptian FRA seeking to issue $400m of green bonds: CEO
The Egyptian Financial Regulatory Authority is seeking to issue green bonds worth $400 million before the end of this year.…
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Shuaa Capital launches $250m venture debt fund
Dubai-based investment bank Shuaa Capital has launched a $250 million fund, the GCC's largest venture debt fund, which will support…
ADIB-led consortium seals $480m deal to fund green Saudi initiatives
A consortium led by Abu Dhabi Islamic Bank has sealed a deal worth $480 million to fund green initiatives in…
CI Capital Holding for Financial Investments reports its FY21 consolidated results
CI Capital Holding for Financial Investments has reports its FY21 consolidated results. Net profit after minority interest reached EGP681mn, up…
Cypher Capital launches USD100mln Blockchain Fund
The UAE based fund is focused on crypto, blockchain and digital asset projects, with a special interest in projects in…
CBRE hires Head of Residential to launch new offering in the UAE
Global real estate advisor CBRE has announced the appointment of Esam Sultan as Head of Residential to launch a new…
ADIB participates in its first green finance deal in KSA with $61 million green financing provision
S&P Global Ratings has certified the finance for these projects as green, in compliance with best practices The three ISTPs…
OurCrowd appoints Apex Group for fund services
Apex Group Ltd. has been appointed by OurCrowd to provide fund services. Formed in 2013, OurCrowd is Israel’s most…
Denmark signs extradition treaty with UAE amid Dubai-based Brit tax fraud case
Denmark's Minister of Justice Nick Hækkerup has signed an extradition agreement with the United Arab Emirates which it said would…
Citigroup expects sharp increase in UAE and Mena business amid economic recovery
Citigroup, the fourth-biggest US lender, expects its business in the UAE and the broader Middle East and North Africa to…
Oman’s Islamic Banking on Positive Trajectory
The Islamic banking sector in Oman is likely to sustain its positive trajectory in the short-to-medium term despite a number…
Bank ABC, Emcap arrange $400mln loan for BankDhofar
Two of the leading banks in the region - Bank ABC and Emirates NBD Capital (Emcap) - have joined hands…