10/15/2020
Abu Dhabi Pension Fund, ADQ invest $2.1bln in ADNOC energy infrastructure deal
With the addition of domestic investors, ADNOC can also tap new pools of long-term equity capital
Alternative Investments
10/15/2020
Dubai's Arabtec asks banks for debt standstill for subsidiary, sources say
Arabtec told banks that Target had been identified as a sustainable business and could be protected from the collapse of the wider group if creditors agreed to a standstill, said three sources with direct knowledge of the matter.
10/15/2020
Global countries’ economic outputs painful but uneven. How will the UAE fare?
The IMF predicted on Tuesday that the world economy will shrink by 4.4% in 2020, a less severe contraction than it forecast in June.
10/14/2020
Emirates NBD Asset Management unveils 3 funds
New products target investors with cautious, moderate, aggressive profiles
10/14/2020
Buyers from the U.A.E. and U.S. Account for Highest Numbers of Mortgage Deals for U.K. Properties
Shoppers from Malaysia are purchasing the most-valuable homes
10/14/2020
Qatar ranks first worldwide on Digital Accessibility Rights Evaluation Index 2020
DARE Index 2020 data shows Qatar’s commitment toward the people with disabilities and including them digitally.
10/14/2020
Managing the Crisis: Financial restructuring from a tax perspective
Depending on the business model an organisation adopts, there is a set of tax considerations that are relevant in order to manage working capital.
10/14/2020
Abu Dhabi Wealth Fund Mubadala Expanding With Investment in Germany’s Evotec
Novo Holdings will also invest 50 million euros to subscribe to 2.3 million shares in the company at the same price, taking its stake to about 11%.
10/14/2020
Projects: Saudi plan to allow more foreign banks to benefit projects
Plan is in line with Vision 2030
10/14/2020
Saudi Arabia hosts a virtual meeting of finance ministers and bank...
The meeting will be chaired by the Saudi Minister of Finance, Mr. Muhammad Al-Jadaan, and the Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed Al-Khulaifi.
10/14/2020
Kingdom’s journey from ultra-conservatism to ultra-modernism
Acculturation, once regarded as taboo by Saudi society is now, being appreciated bit by bit.
10/14/2020
Rashed Sharif, executive at Saudi Public Investment Fund
As a key partner to the private sector, the PIF enables companies to compete in regional and global markets.
10/14/2020
7 positive indicators that reflected the strength of the UAE banking...
The outcome of these positive developments was reflected in the profitability of the UAE banking system, which has maintained good growth rates, with net profits for the year 2019 amounting to about 45.3 billion dirhams, and the return on assets increased
10/13/2020
Apex Group Launches Compliance Solutions in the Abu Dhabi Global Market (ADGM), UAE
Adds further capability to deliver business-centric compliance services
10/13/2020
Aramco chief wins energy executive of the year award
Amin Nasser will be officially presented with the prestigious award during the consultancy firm’s inaugural Energy Intelligence Forum
10/13/2020
ICE to launch ADNOC’s Murban oil futures early in 2021
The UAE pumps about 2.5 million to 3 million bpd, mostly produced by ADNOC
10/13/2020
Qatar to thrive as world’s top LNG exporter well into next decade: Apicorp
Over the last decade (2009-19) the Australian wave of new additions totalling about 88mtpa was followed by the 2015-19 US wave of new LNG trains spurred by the surge of associated gas from shale oil bonanza that added more than 45mtpa of export capacity b
10/13/2020
Over half of consulting firms in MENA recruiting fresh talent
Fast forward six months and the regional consulting industry has proven remarkably resilient to the corona crisis.
10/13/2020
Saudi’s National Commercial Bank buys Samba in $14.8B deal
The bank’s largest shareholders will be Saudi Arabia’s Private Investment Fund, the Public Pension Agency and the General Organization for Social Insurance, all government entities.
10/13/2020
Fund transfers among the UAE banks amounted to Dhs6.307tr
In the meantime, total withdrawals from the CBUAE during the reference period valued around Dhs134.77 billion, Dhs134.756 billion of which are banknotes and the remainder in coins.