06/24/2019
Telecommunications operator Zain Saudi plunged 4.9% after a sale and leaseback of its communication towers was cancelled as the buyer IHS Holding was denied a license from the telecoms regulator.
06/24/2019
Revenue estimates may drop by one or two percentage points
06/21/2019
Dubai-based Abraaj was Middle East's biggest private equity fund until last year
06/21/2019
Abraaj, which managed $13.6 billion at its peak, had been the largest buyout fund in the Middle East and North Africa until it collapsed last year in the aftermath of a row with investors, including the Gates Foundation, over a $1 billion healthcare fund.
06/20/2019
Some of Lebanon’s dollar securities, including those maturing in 2022 and 2023, already have spreads above 1,000 basis points.
06/20/2019
The International Monetary Fund sees 5.5% growth for Egypt in 2019, considerably higher than the regional average of 1.3%, and the World Bank’s latest Egypt economic update notes that “growth has been robust and broad-based.”
06/20/2019
Dubai’s initiatives have continued to reinforce Dubai’s profile as a preferred investment destination of choice
06/19/2019
The kingdom was doing further studies to understand the euro-denominated market and “what is required from us”, he said.
06/19/2019
Listed companies hold 81 one-on-one meetings with international institutions managing $3.2 tn
06/18/2019
With both female founders and women taking leadership roles throughout the ecosystem, Bahrain is a dynamic and diverse market at the head of new trends that are shaping the way society and business operates."
06/18/2019
Fund chairman says it is returning to buying stakes directly in companies
06/18/2019
The investment comes from the combination of three funds in which the Kuwaitis are invested: run by Threadneedle Asset Management, Axa Investment Managers, Dekabank Deutsche Girozentrale.
06/18/2019
India is considering allowing foreign investment funds to buy stressed loan portfolios of banks
06/18/2019
Allocations to alternatives, cash and other asset classes, which accounted for the rest, saw minimal changes.
06/17/2019
The Institute of International Finance estimates the Public Investment Fund's assets at around $300 billion
06/14/2019
The world’s sovereign-wealth funds control $8trn in assets.
06/13/2019
Buyers who spend at least 5 million dirhams (£1 million) on the Dubai property will have the €100,000 minimum investment and €35,000 fees required to obtain citizenship of the eastern European nation of Moldova paid for them by Kleindienst
06/13/2019
Alreeman II follows the success of its first phase launched in January, which generated sales of Dh1.6bn
06/13/2019
Special sessions on the impact of VAT on GCC businesses
06/12/2019
Working closely with Asia's well-heeled, he noticed their appetite for venture investing in Israel's burgeoning startup scene, but that they lacked the connections for access to good deals.