03/02/2021
Abu Dhabi's ADQ assets estimated at $110bln
Oil-rich Abu Dhabi manages more than $1trln in sovereign wealth capital
Alternative Investments
03/02/2021
UAE's Gulf Capital exits investment in energy firm ECDC Holding
Company first partnered with ECDC in 2014
03/02/2021
COVID-19 hasn't drastically altered principles of doing business, says Jacky's Ashish Panjabi
Panjabi is not too taken up with all that talk about disruptions all over the place
03/02/2021
Bahrain's Investcorp acquires US-based KSM Consulting
The firm’s flagship offerings include design thinking – a customer-centric approach to innovation that entails rapid prototyping of creative new products and services – as well as the use of data insights and tech integration to turbo ch
03/02/2021
Why Zimbabwe and Rwanda could offer ripe opportunities for Gulf investors
Marc Holtzman, chairman of one of the largest financial institutions in Zimbabwe, CBZ Holdings Limited, discusses how Africa could offer trade and investment opportunities for Middle Eastern businesses
03/02/2021
UAE's MPM Properties sees opportunities in Abu Dhabi residential market
MPM Q4 2020 Real Estate Market Overview reports that COVID-19 pandemic has continued to affect Abu Dhabi's property market, with sales rates declining 1.5% quarter-on-quarter and 8.5% annually
03/02/2021
Helmy, Hamza & Partners, Baker McKenzie Cairo Strengthens its Corporate Practice in Egypt
Hani joins Helmy, Hamza & Partners, Baker McKenzie Cairo from Eversheds Sutherland Dubai office, where he has been a partner in the firm’s corporate practice group.
03/02/2021
Kuwait Finance House K S C P : KFH Top Private Sector Recruiter of Kuwaitis
This reflects KFH`s ongoing focus on building and developing the local talents as well as confirms the excellence in terms of local labor and Kuwaitization ratio.
03/02/2021
HSBC Tops Euromoney Poll For Trade Finance Service In Middle East
More than 80% of HSBC’s trade transactions in the Middle East were completed digitally in 2020, with 75% processed in less than 24 hours.
03/01/2021
Saudi's Al Rajhi Bank board recommends $667mln dividend
The bank announced the dividend of SAR 1 per share
03/01/2021
UAE shoppers make good use of weekend gold price drop to below Dh200 a gram
Jewellery retailers record strong shopper traffic on last two days of February
03/01/2021
Dubai on track to become leading sustainable financial hub
The various initiatives of the Working Group as well as the individual measures from the founding members are aligned with Dubai’s sustainability drive.
02/28/2021
GFH acquires mission-critical Chicago distribution center
The facility is distinguished by its strategic location in the geographic center of the US.
02/28/2021
GCC sukuk issuance to moderate in 2021 with shrinking fiscal deficits
Refinancing needs will support long-term sovereign demand for sukuk funding
02/28/2021
Saudi Industrial Services set to distribute 8% cash dividend
Board recommends payout after firm posted 173% rise in net profit for 2020
02/26/2021
Housing & Development Bank logs profits of LE 2.06B in 2020
As for standalone profits, the bank achieved profits of LE 1.8 billion, compared to LE 1.95 billion during 2019.
02/26/2021
Saudi Arabia’s euro bond 3 times oversubscribed
Saudi Arabia will issue a total of 1.5 billion euros in two tranches
02/26/2021
Egypt’s foreign investments in government debt instruments amounted to $29bn
Egypt has one of the highest interest rates in the world, but in 2020 rates fell from 12.25 percent to 8.25 percent, making it more attractive for potential investors
02/26/2021
Insurance sector helps Qatar shares cross 10,100 level
The transport, telecom, industrials and banking counters also witnessed higher than average demand in the bourse, whose capitalisation saw about QR9bn, or 1.5%, increase to QR587.89bn, mainly on account of large and midcap segments.
02/26/2021
Qatar private sector exports reach QR14.9bn in 2020
The report also featured the trade of private sector during December 2020 according to the certificate of origin issued by the Chamber which exceeded QR1.333bn, showing a month-on-month increase of 13.4 percent compared to QR1.175bn in November.