12/11/2019
Mubadala has invested $100bn in US, eyes China
Mubadala has invested $15 billion in Softbank’s Vision Fund I and recently announced plans to invest $250 million through two funds in technology firms in the Middle East and North Africa.
Alternative Investments
12/11/2019
High-tech facility opens in Kizad, to provide quality testing services
The inauguration marks a step towards the UAE government’s vision to raise the quality of the exports and locally traded products while protecting the interests of consumers and supporting the UAE’s competitive economy.
12/11/2019
Dubai bankers club seeks turnaround after membership dwindles
Once one of the city's most exclusive places to do business, the venue isn't being spared the economic slump that's weighing on the emirate.
12/10/2019
Saudi investors willing to take part in Egypt's Sovereign Fund: Min.
The Minister revealed a decision to establish a number of sub-funds affiliated to the Sovereign Fund, in order to invest in a number of sectors, including a fund for renewable energy.
12/10/2019
Saudi Arabia is top improver in World Bank’s Doing Business as UAE drives.
ther landmark changes remember new insolvency laws for Saudi Arabia and Bahrain.
12/10/2019
Turkey: Investment Draw
Despite political unrest, and criticism from trading partners, Turkey continues to draw foreign direct investment. Can FDI help it return to economic expansion?
12/10/2019
Axiory Global expands to Middle East
They are also available in the Islamic variant considering the local market of UAE.
12/10/2019
Drop in commercial sector sales hits Kuwait real estate market
Figures from National Bank of Kuwait show real estate sales dropped to $693.6m in October
12/10/2019
Economic reform program reflected in positive figures: Ma’it
“We are targeting a growth rate of 7 percent by 2022."The foreign currency cash reserves have jumped from $12 billion in 2014 to more than $ 45 billion currently,” he revealed.
12/10/2019
Abu Dhabi’s go-to man builds $229 billion fund for post-oil era
His broad remit - it even includes the chairmanship of Manchester City Football Club - is particularly important now as Abu Dhabi seeks to reduce its dependence on oil and Mubadala works to diversify its investments.
12/09/2019
UK-based Apis Partners hits final close of second fund at $550m, exceeds target
Apis Growth Fund II expects to make equity investments of between $30 million and $50 million into financial services with a focus on capital-light financial services and fintech companies across the growth markets of Africa, South Asia and Southeast Asia
12/09/2019
MetLife Named Life Insurance Company of the Year
Company recognized for its Customer Centricity
12/08/2019
Qatar's Commercial Bank expects to issue $500mln bonds in Q1 or Q2-CEO
Qatari banks have sought to tap a larger variety of investors
12/08/2019
Al Zahia launches the UAE’s first Value Protection Programme for Investors
The Value Protection Programme will be available until December 31st, 2019.
12/06/2019
Falcon Network launches second round of funding for start-ups
Inaugural round, earlier this year, saw six start-up companies benefit from investment totalling more than $450,000
12/06/2019
Majid Al Futtaim to invest $1.5bn in Saudi, Egypt expansion plans
Majid Al Futtaim investment centred on Egypt and Saudi Arabia as well as Uzbekistan and Uganda, according to reports
12/06/2019
Saudi Umm Alqura and Alinma complete $4.5bln real estate funds
The funds are invested in seven hotel towers and two commercial complexes that will be developed within the King Abdul Aziz Road (KAAR) project in Makkah
12/06/2019
Almost half of land sold for first phase of Egypt's new capital
Much of the land has been sold to real estate developers.
12/05/2019
HSBC to leapfrog Barclays in equity rankings after Aramco coup
Barclays is poised to fall two spots to 11th place.
12/05/2019
CORRECTED-UAE economy to grow by 2.3% in 2019 - c.bank
The central bank said the improved growth outlook for 2019 compared to last year is due to rising public and private spending at the federal and emirate levels, higher investment ahead of the Dubai Expo 2020 event and continued regional economic recovery.