12/09/2020
ADIA looks to Africa for new investment opportunities
The fund's 20-year annualized rate of return at Dec. 31 was 4.8%, vs. 5.4% in 2018.
Alternative Investments
12/09/2020
Four Egyptian banks to contribute to new real estate joint venture
Egyptian Gulf Bank (EG Bank) and Suez Canal Bank plan to each purchase a 10% stake in a new company - First Design for Real Estate Development
12/09/2020
UAE lucrative destination for global investors, says CEO of Binghatti Holding
He mentioned that Binghatti Hospitality focuses on providing world- class hospitality services across Dubai and the UAE.
12/08/2020
Experts confident of Saudi construction sector returning to normal soon
Coronavirus causes slump in contracts but recovery predicted
12/08/2020
Egypt steps up support for exporting companies
The Export Development Bank has disbursed about EGP 585 million for 20 exporting companies since the implementation of the immediate payment initiative
12/08/2020
Investcorp portfolio company ABAX acquires Automile
Transaction represents ABAX's third and largest add-on acquisition since Investcorp's investment in 2017
12/08/2020
Turkey is the odd one out in CEE’s primary equity revival
Turkey has been the outlier in CEE this year for many reasons.
12/08/2020
CFA Society Bahrain and Ahli United Bank collaborate in women-led mentorship programme & amp podcast
Qodwa is backed and sponsored by Ahli United Bank, whose collaboration has been invaluable for the success of the programme.
12/08/2020
Pandemic squeezes UAE bank results – but it could be worse
Quarterly operating income at the UAE's 10 largest banks totaled 19.9 billion dirhams down from 22.0 billion dirhams in the prior-year period, according to a report by consultants Alvarez & Marsal.
12/08/2020
UAE stocks gain $4.35bln as economy heads to recovery
The main indexes of Abu Dhabi and Dubai bourses were up 1.38% and 2.57%respectively on Sunday
12/07/2020
Alkhabeer Capital announces initial public offering of Alkhabeer Diversified Income Traded Fund units
Subscription in the Fund is available through four receiving banks
12/07/2020
Abu Dhabi’s $230 Billion Man Bet the World Would Overcome Covid-19
Khaldoon al-Mubarak made an assessment in March that this challenging year would bring new opportunities to lessen his homeland’s dependence on oil. He spent billions backing up that belief.
12/07/2020
Qatar-UK trade volume grows 22%
The volume of trade between Qatar and UK reached around QR12.94bn last year compared to QR10.63bn in 2018, registering a growth of 22 percent, said Qatar Chamber (QC) Chairman, Sheikh Khalifa bin Jassim Al Thani while participating in a meeting of the Boa
12/07/2020
UAE businesses expect to return to pre-COVID profitability by 2022: HSBC Navigator
Difficult conditions of this year haven’t dampened mood among businesses from the UAE
12/07/2020
Central Bank of Egypt to offer $1bln worth T-bills on Monday
CBE launched a similar bid on 16 November 2020, at a value of $1.56bln for a year, due on 16 November 2021
12/04/2020
Saudi PIF seeks investment flexibility with $5 billion-plus loan
The loan finances are for use if and when the fund identifies investment opportunities
12/04/2020
Saudi private sector rebounds with growth at 10-month high
Steep rise in sales and growing business confidence spark jump in purchasing, hiring activity
12/04/2020
Foreign investors free to sit on Saudi business chamber boards
Council of Chambers to become the Chambers Association
12/04/2020
Cooperation between Egypt and Tanzania
In building the Julius Nyerere Hydropower Plant in Tanzania, Egypt’s companies are exemplifying the country’s role in Africa and how cooperation can best make use of the continent’s resources
12/04/2020
‘The worst is behind us’: Saudi Aramco CEO
Despite COVID-19 and all its challenges, our work is going on at Aramco, Saudi Aramco CEO, Amin Nasser said