10/21/2019
Nasdaq Dubai lists two bonds totaling $1bln by Chinese bank
The two bonds of $500mln each bring the total value of all bonds listed on Nasdaq Dubai by ICBC to $4.56bln from nine issuances.
Alternative Investments
10/21/2019
Kuwait Central Bank governor rated amongst world's most successful in 2019
The evaluation is based on several criteria, including the management of inflation and interest rates alongside measures assumed to achieve economic growth and the stability of the local currency.
10/21/2019
Saudi Arabia prepares for third annual Future Investment Initiative
It will be hosted by prince Mohammed bin Salman bin Abdulaziz, the crown prince of Saudi Arabia.
10/21/2019
Abu Dhabi’s Mubadala launches $250 million MENA tech investment vehicles
The investment vehicles will be managed by Mubadala Capital and they will invest in start-ups as well as venture funds, enhancing Abu Dhabi’s status as a tech and innovation hub.
10/21/2019
Prime Central London Snapshot 2019
The UK’s education system is still highly preferred by many Middle Eastern HNWIs and this continues to be a key decision driver for choosing London over other global cities, along with factors including business interests and long-term capital prese
10/21/2019
YGroup teams up with Vecta Strategy to launch in Middle East
Since, offices have been opened in Zurich (Switzerland), Copenhagen (Denmark), Porto (Portugal), Gurgaon (India) and London (the UK), and headcount has grown to around 350 partners and consultants.
10/20/2019
A UAE recipe for success: Building an effective entrepreneurial ecosystem
Patience and high-quality mentoring crucial ingredients as country marches ahead
10/18/2019
Saudi Aramco delays planned launch of long-awaited IPO
Riyadh had been expected to sign off on key listing this week
10/18/2019
Volume of sukuk issuance from top Islamic finance markets steady in 2019 - Fitch
US dollar issuances from Turkey, Indonesia, Islamic Development Bank Trust Services Limited and First Abu Dhabi Bank alone raise a total of $6.5bln
10/18/2019
Time UAE remittance fees took a cut
Customers should be getting far more transparency on these charges
10/17/2019
Stifel Forms Strategic Partnership With Israel’s Ourcrowd
“Through this partnership, our clients will gain access to attractive, early-stage investment opportunities that have been typically restricted to traditional VC firms and family offices.”
10/17/2019
Sharjah starts marketing 10-year dollar sukuk - document
HSBC is coordinating the transaction, which is expected to close later on Wednesday
10/17/2019
Global sukuk issuance falls slightly to $30.6bnGlobal sukuk issuance falls slightly to $30.6bn
Sukuk issuance with a maturity of more than 18 months from the Gulf Cooperation Council region, Malaysia, Indonesia, Turkey and Pakistan totalled $30.6 billion in the first nine months of 2019 compared to $31 billion in the year-earlier period.
10/16/2019
Mideast Stocks: Saudi hits 11-month low as most Gulf markets fall
Property shares weak in Dubai
10/16/2019
Azizi Developments close to securing over Dh700 million in financing from Abu Dhabi bank
UAE banks getting more keen to raise their exposures to real estate sector
10/16/2019
Aldar investment unit sees strong demand for $500m sukuk
Aldar Investment Properties announced on Wednesday the successful placement of a fixed rate $500 million dollar-denominated sukuk
10/16/2019
Al Waha invests in Beijing-based MSA Capital
Both China and Bahrain offer a substantial pool of tech talent, startup capital and digitally minded consumers, so the scope for further building this relationship is substantial,” said Areije Al Shakar, fund director at Al Waha Fund of Funds.
10/15/2019
DAFZA adds 12 per cent to Dubai’s foreign trade in first half of 2019
The results of the first half of 2019 confirmed the success of DAFZA in achieving high growth rates compared to the same period last year, where it achieved a growth of 8% in the total value of foreign trade which exceeded Dhs78 billion
10/15/2019
MENA fund managers boost Egypt investments despite troubles, stable elsewhere: Reuters poll
However, last month's protests, rare during the tenure of President Abdel Fattah al-Sisi, showed that much of the population has yet to benefit from years of economic reforms.
10/15/2019
ADNOC seeks to expand its strategic partnerships
ADNOC is making smarter use of its capital and more proactively managing its portfolio of assets, “we will develop additional opportunities for investors and partners focused on value and who share our values,” said H.E. Dr. Al Jaber.