11/26/2019
UAE startups see investments soar by a third in 2019
The more than 100 startups have been supported by the UAE’s government organization Sheraa
Alternative Investments
11/26/2019
DFM launches guidance on Environmental, Social and Governance (ESG) Reporting
E. Essa Kazim: "Growing demand from investors for comprehensive ESG reporting, as they are increasingly factoring such data in their decision-making process"
11/25/2019
KNCCI to open office in United Arab Emirates
“We shall avail to local investors proper details on how to reach us and start looking for trading partners in the UAE"
11/25/2019
Bahrain’s Investcorp invests $45m in Indian dialysis chain NephroPlus
Bahrain-based alternative investment manager Investcorp aims to grow its business in India to $1.5 billion in assets under management over the next five years
11/25/2019
ENOC marks groundbreaking of its Expo 2020 Dubai pavilion under the theme 'Reimagine Energy'
ENOC's pavilion is to be built by UAE-based contractors using sustainable construction methods.
11/25/2019
Saudi Arabia seeks to attract building technology suppliers
Officials will also showcase flagship digital platform as the country seeks to stimulate the use of modern methods of construction.
11/25/2019
Egypt’s 1st short-term securitization for LE 167M closed: Premium Int'l
The transaction was approved by the Financial Regulatory Authority FRA and falls under the new Short Term Debt Instrument decree no. 172 of 2018.
11/22/2019
Revealed: Dubai's 2020 hitlist to grow foreign direct investments
Dubai FDI says missions next year include two trips to the US and single trips to India, China and Australia
11/21/2019
Saudi Aramco IPO: climate change fears cause banks to miss out on millions in fees
Environmental groups celebrate major reduction in oil giant's plans
11/21/2019
Egypt wealth fund eyes Gulf partners to drum up foreign investment
CEO Ayman Soliman sets sights on Saudi Arabia, Kuwait and Oman after $20bn deal with the UAE
11/21/2019
Private equity poised as UAE relaxes restrictions
As the UAE opens up to foreign ownership, an expert panel convenes at our Dubai campus to consider private equity’s role in the region
11/21/2019
Bahrain bank, China firm create $50m venture capital fund for Middle East tech market
The fund – MEC Ventures – will invest across sectors such as e-commerce, fintech, and technology ecosystem enablers
11/21/2019
CMA allows SICO to offer asset management services in Saudi Arabia
The announcement marks the SICO Asset Management Division’s first entry into a market outside Bahrain
11/20/2019
Saudi mall operator Arabian Centres sells $500 mln debut Islamic bonds
Arabian Centres went public earlier this year with a 2.8 billion riyal ($746.65 million) initial public offering in Saudi Arabia, the kingdom's third biggest since Saudi lender National Commercial Bank raised $6 billion in 2014.
11/20/2019
China-Bahrain venture fund targets Middle East tech market
The fund also plans to target big data, artificial intelligence, cloud computing, and logistics and networking systems, it said in a statement.
11/20/2019
Al Salam Bank-Bahrain and MSA Capital (China) to launch $50 million MEC ventures positioning Bahrain as MENA's gateway to the digital Silk Road
MEC Ventures will be the first privately funded and led venture to unify Chinese and Middle Eastern capital and technology markets
11/19/2019
Moroccan sovereign fund aims to double investments to $6bn in 5 years
Ithmar Capital is speaking with long-term investors for co-investments in several projects in Morocco, its managing director says
11/19/2019
Qatar ranks top in GCC Islamic banks’ liquid asset ratio
Qatar’s Islamic banks have the highest liquid asset ratio among GCC countries in the period between 2016 and 2018. The liquid assets to total assets ratio, or liquid asset ratio, is one of the key indicators of a bank’s liquidity.
11/19/2019
Dubai's Shuaa Capital says plan to sell market-making unit fails
Buyer pulls out of deal to acquire Shuaa Capital International but to proceed with plan to buy securities brokerage
11/18/2019
Eager Saudis prepare to snap up stakes in ‘crown jewel’ Aramco
The marketing blitz contrasts with the other bumper share sale this month, the secondary listing of Chinese retail titan Alibaba