12/03/2020
Cash-strapped Turkey relies on Qatari investments
In only five years, Qatar has come to account for 15% of all foreign direct investments in Turkey, second only to deep-rooted Dutch investors.
Alternative Investments
12/03/2020
QDB concludes investment forum's 1st virtual edition amid wide participation
Through its Investment Department, QDB is constantly seeking to support innovative startups and SMEs while consolidating Qatar’s position as a unique investment hub.
12/02/2020
Former Zurich UAE general manager dies
He was chief underwriting officer at Emirates Insurance Company for four years
12/02/2020
Turkey sovereign wealth fund to retry bond sale
It is also seeking investments in the insurance industry outside of Turkey either through acquisitions or expanding existing businesses.
12/02/2020
QDB chief underscores Qatar’s ‘robust entrepreneurial sector’, ‘competitive business climate’
The forum will discuss the various current challenges facing entrepreneurs and private enterprises.
12/02/2020
Saudi central bank governor expects more competition, growth in fintech
SAMA issued several regulations and systems related to fintech, as part of its efforts to promote the sector
12/02/2020
UAE, an attractive business destination
There are over 600 Singapore companies, operating in diversified fields, doing business in the country.
12/01/2020
GFH acquires Athena private school for special education
Athena, which began operations around one year ago, has quickly established itself as the premiere K-16+ school providing full-time educational resources and support to students with a broad range special needs
12/01/2020
Egypt finance minister says expects disbursal of $1.6bn of IMF funding by December-end
The IMF mission to Egypt was completed remotely from Nov. 4 to 15.
11/30/2020
Saudi's Alkhabeer eyes $266mln for new fund, subscription starts in December
Fund offers investors opportunity to invest in income-generating assets
11/30/2020
Sohar International concludes $100mln loan syndication
Sohar International had mandated United Arab Emirates based Mashreqbank on its behalf, to lead and arrange the syndication
11/30/2020
RAK Finance Department, Emirates Auction strengthen cooperation in organizing online auctions
To organize exclusive auctions for selling all RAK Government-owned assets
11/30/2020
Business Excellence Awards: RAK Bank's Al Hamra Branch wins coveted recognition
Award part of Dubai Economy's Dubai Service Excellence Scheme
11/30/2020
ADIB Securities reports strong US share trading amid market volatility
Over the last ten months, ADIB Securities has quadrupled its customer-base for those trading U.S. stocks; and which has helped it triple its revenue in 2020 for the U.S. desk
11/30/2020
Outlook 2021: Challenging outlook offers varied picture for GCC banks
The GCC governments’ measures to help corporates and individuals navigate the challenging environment have taken various forms
11/30/2020
Axa exits Gulf operations by selling stake for $269m to Kuwaiti firm
Divestment represents part of major global consolidation move by French insurer
11/30/2020
Emirates NBD Debuts Omnichannel Corporate Banking Program
The aggregation model works to provide advice for clients on business requirements to help enact a one-stop shop for banking products.
11/27/2020
Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance
The proceeds will be used for further expansion of Contact Credit and its affiliate companies.
11/27/2020
Qatar may attract FDI through PPP initiatives to meet healthcare sector demand: Alpen Capital
According to Alpen Capital, Qatar has already introduced compulsory health insurance for residents, enabling them to access affordable services at private facilities as well.
11/27/2020
Gulf bonds likely to set new record in 2021 amid budget squeeze
The oil-rich region saw a second consecutive year of record international bonds, topping $100 billion, as issuers' finances were battered by the COVID-19 pandemic along with low oil prices, with a few issues still possible before year-end