08/06/2019
$2.3bn worth of Afreximbank investments in Egypt, says official
The Egyptian banks then pump the money into different projects, particularly in the field of energy, Sagna noted.
Alternative Investments
08/05/2019
Helios and EAEF acquire Egyptian agribusiness
The chief executive of Misr Hytech, Raman Sehgal said in a statement that the company would be “leveraging the synergetic opportunity that has become available with new investors opening many avenues to expand the business in the near future”.
08/05/2019
The Times view on Al Rayan bank: Finance for Fundamentalism
A bank owned by the Qatari state is providing services to Islamist-linked British groups that have been shunned by other UK banks.
08/05/2019
UAE Leads Deals In MENA Region With $14.1 Billion
There were three mega-deals in the country, and one of these is Adnoc’s stake sake in its oil refining and pipeline business.
08/05/2019
UAE investors still the most bullish globally on economy and regional stocks
While the majority of wealthy individuals and business owners in the Emirates are upbeat, they hold about a fifth of their assets in cash, UBS says
08/05/2019
Ominvest profit rises 10%
The group’s total revenue grew 11.8%
08/05/2019
DIFC launches employee savings scheme
Global consultancy Mercer will assist Zurich as the scheme's investment adviser, and Smart Pension, a defined contribution master trust pension scheme for UK employers, will act as the technology services provider.
08/04/2019
Abu Dhabi's ADFG & Shuaa complete merger with capital increase
The new Shuaa shares will be subject to a 12-month lock-up period from the date of admission, the statement said.
08/02/2019
ENBD REIT registers $255mln net asset in Q1
ENBD REIT’s property portfolio values at $437million at the end of June 2019
08/02/2019
Abraaj shows it pays to be ‘noisy’ investor
In 2016, when Abraaj faced a shortfall in one of its key funds, the company prioritized “payments in order of importance, noise-makers and those that will come back, with the latest being legacy investors and passive voices.”
08/02/2019
Wow Red, Dubai Islamic Bank ink SLS Dubai Hotel & Residences deal
Finance plan offering half-payment during construction and 0% cost post-handover launched to 'stimulate investment'
08/01/2019
Why are UAE shoppers staying away from gold?
With prices at Dh160 a gram and over, customers are unlikely to return in a hurry
08/01/2019
The Firm That Wrecked Private Equity for the Middle East
Arif Naqvi’s Abraaj Group collapsed in Dubai and left the entire region with almost no deals.
08/01/2019
Mubadala Ventures invests in Abu Dhabi crypto exchange
MidChains expects to launch crypto asset exchange by end of this year
07/31/2019
Introspect Capital appoints Northern Trust to provide global custody and brokerage solutions
Deal Creates Operational Efficiencies for Emerging and Frontier Market Investments
07/31/2019
Reportage Properties offers new incentives for its projects
Reportage Properties is keen to provide a variety of innovative and tailor-made packages to suit all categories of the buyers and ensure that investors receive a good return on their investment in the real estate market.
07/31/2019
Saudi Arabia's gold mine projects spark market interest as prices rise
Saudi Arab's National Industrial Development and Logistics Program is also looking for investments in prospective gold projects in the Alwajh Belt and Hazm Shubat.
07/31/2019
Mideast demand for automation gains momentum
With mega projects such as World Expo 2020 on the horizon, Industrial and Building Automation will be in sharp focus at the two-day show.
07/31/2019
Abu Dhabi Securities Exchange Finalists For Smart City Middle East Awards
This program will also make vital contributions towards supporting the Abu Dhabi Government’s digital transformation efforts, while further accelerating and elevating digitisation across the Emirate’s infrastructure
07/31/2019
Gold funds shine with 16.83 per cent returns in a year. But will the lustre last?
Asset managers said that volatility and uncertainty in other asset classes have prompted investors to turn to safe-haven investments like gold funds or ETFs