Bahrain's Investcorp announces completion of sale of PRO Unlimited
Investcorp has announced the completion of its sale of PRO Unlimited by Investcorp and funds managed by Harvest Partners, LP,…
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Aster launches digital-first wealth management platform for MENA
Middle East wealth is expected to grow by 28%* by 2025 Market defining wealth platform to offer hyper-personalization at scale…
Standard Chartered acts as sustainability coordinator on Majid Al Futtaim $1.5 billion Sustainability Linked Loan
Standard Chartered has supported Majid Al Futtaim, the leading shopping malls, communities, retail and leisure pioneer across the Middle East,…
Middle East's wealthy investors are focusing on tech, energy and financials, says Pictet
The COVID-19 pandemic has caused a shift away from traditional fixed income into assets such as private equity, real estate,…
Dubai's Meraas plans refinancing of $600m Islamic bonds
Dubai's Meraas Holding, a state-linked property developer, plans to tender its existing US dollar-denominated Islamic bonds for cash and issue…
Digital shift ‘is taking growth to new levels’
The global Covid-19 pandemic has accelerated ambitious regional economic plans through the mass adoption of digital technologies across sectors, said…
Bahrain's Ahli United Bank hires banks for dollar senior sukuk – document
Bahrain-headquartered Ahli United Bank has hired banks to arrange the sale of U.S. dollar-denominated five-year senior sukuk, or Islamic bonds,…
Feature: Adapting to the pandemic in the Middle East
With ongoing fundamental regulatory changes preceded by an ongoing global pandemic, the advisory community in the Middle East has found…
NBB wins International Business Magazine Awards 2021!
The National Bank of Bahrain has won the International Business Magazine Awards 2021, with honours in three categories, including Best…
Investcorp hires global head of institutions
Investcorp has appointed Laura Coquis as global head of institutions, focusing on capital-raising initiatives across international institutional markets, the Bahrain-based…
Exodus At Quintet's Swiss Private Bank
Qatari-backed wealth manager Quintet has lost a swath of executives in Switzerland, finews.com has learned. At least seven executives…
Easing provisions drive solid recovery in UAE banks’ profits
Profits at large UAE banks surged during the first six months of 2021 after a modest improvement in the operating…