11/01/2018
BECO Capital Gets $15 Million From IFC To Back Regional Startups
The new injection into BECO Capital’s first fund will help provide follow-on investment to portfolio companies.
Alternative Investments
10/31/2018
Abu Dhabi diversification efforts set stage for growth
Rising oil prices drive concerted push to strengthen the economy through downstream development, capital market reform and non-oil expansion
10/31/2018
Dubai cements position as top Islamic economy hub
The emirate is introducing new efforts and initiatives to facilitate trade in halal economy sub-sectors.
10/31/2018
Libyan private bank selects Temenos
Founded in Libya in 2003, Alejma’a Alarabi Bank, now has over 77,000 customers and 23 branches covering most cities in the country.
10/31/2018
Aon names 'Best Employers in the Middle East'
Brand View: The companies named by Aon were found to excel in engaging their customers, leading to improved business performance
10/31/2018
HSBC welcomes partnership between IRENA and ASEAN to accelerate renewable energy deployment
IRENA is headquartered in the UAE, one of HSBC Group’s biggest markets
10/30/2018
Turkish executives seek clean break from Dubai-based troubled Abraaj
Canada’s Brookfield expected to buy unit amid investor nervousness on emerging markets
10/30/2018
Saudi’s Alkhabeer to list property trust on market
The fund invests in seven income-producing real estate assets in Riyadh, Jeddah and Tabuk
10/29/2018
Russian Sovereign Wealth Fund Attracts Saudi Partner to Its Fund With China
RDIF and China Investment Corporation previously contributed $1 billion each to their fund, which has invested in more than 25 projects in the forestry, infrastructure, consumer goods, financial and other sectors since its establishment in 2012.
10/29/2018
DGCX Opens Doors for North American Traders
The market offers standard contract specifications with no local application of capital gain or corporate tax.
10/29/2018
Tarek Fahim on Endure Capital’s performance, plans for their new $50 million fund and more
Tarek Fahim, the Managing Partner with Endure Capital, an early-stage VC firm with offices in Palo Alto, Cairo and Dubai, shares the same opinion about the need to encourage transparency in the venture capital ecosystem of the region.
10/28/2018
Dubai-based Metito eyes Turkish acquisition in 2018 amid expansion
The water treatment firm said its plans to realise $1bn in revenues will be on target for 2020
10/28/2018
MPM Properties wins four awards at African & Arabian Property Awards 2018
ADIB's real estate advisory subsidiary, MPM Properties, awarded 'Property Consultancy of the Year' in Abu Dhabi, 'Real Estate Agency of the Year - Abu Dhabi', 'Award Winner Lettings Agency' in Abu Dhabi; and 'Award
10/26/2018
Saudi Arabia to offer investment stakes in four sectors in privatisation drive
Between now and the first quarter of 2019 the kingdom will look to international investors to monetise some state-owned assets
10/26/2018
NEOM CEO Says Sound Planning Is Key for Futuristic Megacity
On the other hand, it is the largest project in the world, in size and investment.
10/24/2018
MBRF, RAKBANK reaffirm partnership for SME financing
The MoU was signed at RAKBANK’s Al Quoz Branch by Abdul Basit Al Janahi, CEO of Dubai SME, and Peter England, CEO of RAKBANK, in the presence of key officials from both sides.
10/24/2018
Saxo Bank launches new highly competitive pricing structure in Mena region
The new structure will place Saxo as one of the most competitive brokers in the market across a range of products.
10/24/2018
Abu Dhabi's Mubadala hires banks to arrange 10-year dollar bond
A Rule 144A/Reg S senior unsecured 10-year bond sale might follow, subject to market conditions, as well as a liability management exercise.
10/23/2018
More than just technology
Digital transformation is all about experience, convenience and speed
10/23/2018
Blackstone gave Saudi sovereign wealth fund discounts to invest in record $40B infrastructure fund
Deal shines a light on private equity firm’s incentives