02/26/2020
Egypt’s microfinance balances jump 47% in 2019
The number of beneficiaries grew by 11.8% to 3.5mln customers
Alternative Investments
02/26/2020
Incolease’s profit drops 13% in 2019; dividends proposed
It is noteworthy that during the first nine months of 2019
02/25/2020
Saudi Aramco launches largest shale gas development outside US
Saudi Arabia fought a price war aimed at putting the US shale industry out of business just six years ago, which ultimately failed.
02/25/2020
KEC International buys tower making units in Dubai to expand Middle East operations
With this acquisition, KEC International sims to scale up its tower manufacturing capacity and expand its presence in the Middle East and Africa.
02/25/2020
IHS Markit and Tadawul launch Saudi government Sukuk index
Offering a broad exposure to the Saudi government Sukuk market, the minimum outstanding value of the underlying bonds must be greater than SAR 100m.
02/25/2020
Sri Mulyani invites Saudi Arabia to invest in Indonesia’s sovereign wealth fund
Sri Mulyani claimed that the Saudi Arabian finance minister had agreed on the potential sectors that could be developed, though she declined to elaborate further.
02/25/2020
Here's why Middle East investors are buying UK properties
2019 saw a tripling in the market share taken by Middle Eastern buyers in the GBP5mln+ country market
02/24/2020
Middle East Gas Market Growing at Double the Rate of Global Energy Demand
The report forecasts that the Middle East could maintain its best-in-class position to 2030 despite an expected rise in production costs.
02/24/2020
EMEA emerging market sovereign borrowing will likely reach $473bln in 2020: S&P
Slightly less than half of EMEA sovereigns' gross borrowing will be to refinance maturing long-term debt, resulting in a net borrowing requirement of $242bln
02/24/2020
Bahrain's Investcorp acquires two US residential properties for $164mln
Properties have easy access to retail, entertainment attractions
02/24/2020
The Carlyle Group to set up MENA headquarters in Abu Dhabi
Firm aims to expand its regional presence from UAE capital
02/23/2020
Abu Dhabi plans $2.7billion in public-private partnership tenders
The announcement was made earlier this week, and will cover numerous industrial sectors under the Ghadan 21 accelerator programm
02/21/2020
Why so few green sukuk? Sector still faces longstanding challenges, say practitioners
Green bonds and green financing continues to be a young and small industry in the GCC and other jurisdictions like Turkey and Pakistan
02/20/2020
Winners of the 2020 Middle East Stevie® Awards Announced
Sponsored by RAK Chamber of Commerce & Industry, more than 70 executives around the world participated in determining the Gold, Silver, and Bronze Stevie Award winners.
02/19/2020
Investcorp plans second regional private equity fund following its HarbourVest deal
Alternative asset manager is initially targeting a size of $300m to $500m for the investment vehicle
02/19/2020
Orient Insurance expands into Saudi Arabia
The company said its innovative insurance products also have the potential to boost efficiency, improve pricing, reduce bureaucracy and combat fraud for consumers across the UAE and beyond.
02/19/2020
The future is here: Using cryptocurrency to buy real estate in Dubai
The safety of the transactions and balances is guaranteed by cryptography.
02/19/2020
Kuwait posts $7.52bln deficit in period April 2019-January 2020
Kuwait previously said it expected a total deficit of $25.13bln in the 2019-2020 fiscal year
02/19/2020
Revealed: Dubai's best locations for high rental yields
New report identifies areas to watch for investors looking for high returns
02/19/2020
Middle East investors continue to look to UK regions
UK regions overtake Central London for the first time as preferred destination for Middle East capital