05/05/2021
MSX index sees growth in first quarter of 2021
The positive figures came as a result of gains made in March 2021 when oil prices started recovering and stabilising at a rate of $60 per barrel.
Alternative Investments
05/05/2021
Qatar to play big role in global sustainable finance market: Official
Highlighting the importance of sustainable finance and green investments in recovering from the COVID-19 pandemic, Hadi also reiterated that ‘building back greener’ is the vaccine for the planet against climate change.
05/04/2021
UK real estate – how Jersey supports Middle Eastern investment
The types of assets acquired have been broad – from offices, retail and logistics through to student accommodation, senior living, leisure and of course the residential rental sector.
05/04/2021
Investments in MENA power sector to surge to $250bln over 5 years
Oil and gas investments to drop slightly, says APICORP
05/04/2021
Sustainable energy: Abu Dhabi's new strategy aims to reduce power, water emissions by half
Investment in clean technologies to reduce CO2 emissions by 20mln tonnes - EWEC
05/03/2021
Abu Dhabi’s TAQA completes $1.5bn dual-tranche bond sale
Net proceeds from the sale of the notes will be used to repay outstanding debt
04/30/2021
Misr Capital, Elevate launch $380mln healthcare investment platform
Tarek Moharram will be the CEO of the healthcare platform
04/30/2021
Moody’s affirms ratings of Masraf Al Rayan
The merger remains subject to regulatory and shareholder approvals and is expected to be completed in the first half of 2021.
04/29/2021
Saudi Tadawul group appoints financial advisors for its upcoming IPO
Earlier this month, Saudi Tadawul Group confirmed that it is considering an IPO on Saudi Exchange's Main Market
04/29/2021
Etisalat stock dips as investor take out profits ahead of first quarter results
Banking stocks remain under pressure as investors turn jittery
04/27/2021
HBKU's Qatar Environment and Energy Research Institute launches country's first Solar Atlas to map renewable energy potential
Solar Atlas aims to help accelerate and optimize use of solar energy
04/27/2021
MENA sovereigns: Only Abu Dhabi, Qatar will have fiscal surpluses in 2021
COVID-19 fallout will continue to squeeze economic activity
04/27/2021
Kuwait's Agility unit bought by Danish firm in $4.1bln deal
Agility's logistics unit had revenue of $4bln last year, 80% of which was in air and freight, and around 17,000 employees
04/27/2021
Abu Dhabi’s Adnoc and OCI said to hire banks for Fertiglobe IPO
The company could be valued at $7 billion
04/27/2021
Saudi mortgage finance firm eyes US debut issuance
“We are following a strategy of diversification and access to liquidity and capital markets. We may tap the market again.
04/26/2021
Dubai's Shuaa to pay $20.6mln cash dividends after profits more than doubled
Dividends represent 3% of firm's share capital
04/23/2021
Dubai's Azizi Developments claims first property sale to Israeli buyer
Firm says it's the first UAE developer to register Israeli property purchase
04/23/2021
KPMG brings its global Oracle partnership to Saudi Arabia
Now, the pair have brought their partnership to Saudi Arabia – where cloud technology is climbing up the agenda in a rapidly digitalising business environment.
04/21/2021
PPAs signed for seven solar power projects in Saudi Arabia
Latest deals under kingdom's renewable energy programme will have total capacity of 2.97GW
04/21/2021
Saudi trade name requests jump amid signs of FDI rebound
The Kingdom has accelerated efforts to attract foreign investment this year as the pandemic created new challenges for regional economies seeking to diversify, modernize and create jobs for citizens.