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Capital Investments Help Payment Infrastructure Firms GPS and Nuvei Make Major Moves Across EMEA Region
As part of its efforts to accelerate technology development and global growth, payments issuer processor Global Processing Services (GPS) recently…
Abu Dhabi Fund Mubadala Capital Buys Major Taco Bell Franchisee
A unit of Abu Dhabi’s Mubadala Investment Co. acquired one of the largest Taco Bell Corp. franchisees in the U.S.,…
Fitch sees limited pandemic impact on Saudi banks
Fitch Ratings agency revised outlook for Saudi banks as it said the impact of the pandemic on their performance has…
Climate change is biggest risk to financial institutions, says UAE Central Bank governor
Climate change is one of the biggest challenges that central banks and financial institutions around the world face and they…
Booz Allen: Five strategic priorities for UAE’s real estate sector
UAE’s real estate sector is at a crossroads – rebounding from the Covid-19-dip while having to prepare for a transition…
Islamic Development Bank gets $1.7bln via sukuk
The Jeddah-based Islamic Development Bank on Wednesday sold $1.7 billion in five-year Islamic bonds at 25 basis points over mid-swaps,…
Saudi energy minister, PIF head, NEOM CEO to lead Saudi Green Initiative forum
Leading ministers and business chiefs have been confirmed as attending the Saudi Green Initiative forum later this month to discuss…
British Council appoints new Country Director in Jordan
The British Council - the UK’s international organisation for cultural relations and educational opportunities - has appointed Summer Xia as…
More UAE dollar bonds expected next year, local currency issues to follow
The United Arab Emirates federal government will be in the market next year for more dollar bond issuances and is…
Islamic Development Bank gets $1.7bln via sukuk
The Jeddah-based Islamic Development Bank on Wednesday sold $1.7 billion in five-year Islamic bonds at 25 basis points over mid-swaps,…
Saudi energy minister, PIF head, NEOM CEO to lead Saudi Green Initiative forum
Leading ministers and business chiefs have been confirmed as attending the Saudi Green Initiative forum later this month to discuss…