10/29/2021
Saudi central bank assets rise $4.86 billion in September
n addition, compared with the same month last year, the bank’s assets, in total, grew SR68.36 billion, or 3.75 per cent.
Alternative Investments
10/29/2021
ICICB Launched the Fastest Blockchain Platform in the World at Blockchain Innovation Summit in Dubai
Nonetheless, the group channels its funds into supporting projects in banking, cryptocurrency trading, commercial real estate, and other affiliated industries on a global level.
10/29/2021
Moody’s affirms eight UAE banks' ratings and changes outlook to stable
Move driven by a recovery in operating conditions in the country, rating agency says
10/28/2021
Barwa Group signs financing agreement for Qatar Schools project
This agreement will contribute to securing guaranteed rental income for the Group that will help achieve sustainable growth for Barwa’s revenues and the returns of its shareholders.
10/27/2021
Middle East investor relations leaders highlight importance of ESG amid growing capital markets scene
Annual Middle East Investor Relations Association conference highlights the latest developments in regional IR landscape with a focus on ESG
10/26/2021
BlackRock to work with Saudi’s National Development Fund on $53bn infrastructure plans
The institution contributes to Saudi Arabia’s plans to diversify the economy and develop infrastructure.
10/25/2021
NBO Signs Strategic MoU With Saudi Exim Bank to Foster Mutual Cooperation
As the Sultanate’s national bank, NBO has been instrumental in helping the country realize its social and economic potential from inception.
10/25/2021
Dubai, Doha and Riyadh among top five in MENA ranking
Dubai retains its leading position in the Global Cities Index for the region
10/25/2021
Chimera Capital's first venture capital fund exceeds initial target
The Fund aims to provide superior risk-adjusted returns for investors
10/25/2021
BlackRock Wins Saudi Arabia’s National Infrastructure Fund Mandate
BlackRock is being hired to generate institutional investor interest in Saudi Arabia and institutionalize the infrastructure market in Saudi Arabia in order to attract more foreign capital.
10/21/2021
El-Khalil, IMF Executive Director discuss state’s plan for economic recovery
"We are very optimistic," he assured in conclusion.
10/21/2021
KFH reports KD 168.1 million net profit for shareholders until end of Q3 ’21, up 66.1%
Net operating income reached KD 364.3 Million; a decrease of 9.3% compared to the same period last year, affected by the decrease in investment income compared to the same period last year.
10/20/2021
Bahrain's Investcorp exits real estate investment in Germany
Sale of office campus marks company's first exit in Europe since 2017
10/20/2021
Sidra Capital acquires landmark property facing Buckingham Palace
The 33,000 sq ft freehold property is the closest commercial office space to Buckingham Palace
10/20/2021
EDB, ADIO sign MoU to collaborate on boosting FDI and promoting business
The MoU between EDB and ADIO aims to help private sector companies establish and grow in the Emirate of Abu Dhabi, while playing a key role in the overall economic growth of the Emirate
10/19/2021
Start-ups at in5 secure investments worth $381mln
More than 150 new companies joined in5 since 2020, bringing the grand total of start-ups supported by the incubator to 500
10/19/2021
Expert Hub helps connect investors to Africa at GBF
Trade and investment representatives from African countries share knowledge and expertise
10/18/2021
Abu Dhabi's Mubadala Capital leads Huboo Fulfilment's $82mln funding round
Investment to help the logistics platform expand across Europe
10/18/2021
Selfridges’ owners in talks with Qatar about potential £4bn sale
Such a deal would see the Middle Eastern state take ownership of a second, major London department store.
10/15/2021
Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee
The deal reflects Mubadala Capital’s foray into the food and beverage sector, where it invested about $1.8bn in the past seven years alone