12/03/2020
7 things to watch on Tadawul today
Aljazira Takaful Taawuni Co. and Solidarity Saudi Takaful Co. obtained on Nov. 30, 2020, the approval of the Saudi Central Bank (SAMA) for merger.
Alternative Investments
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.
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.