05/28/2018
AIM business meetings a huge success
The event attracted more than 100 IPAs and free zones, 43 sponsors and supporting partners, 64 media partners and eight knowledge partners, it added.
Alternative Investments
05/25/2018
UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary
Abu Dhabi’s state-owned Mubadala Investment Company (MIC) has agreed to pay $271 million for a 44 percent stake
05/24/2018
Intesa Sanpaolo and OurCrowd Launch International Alliance
Partnership with ISP’s Innovation Center will promote startup access to capital market
05/24/2018
Abu Dhabi index sees sharpest 2018 rise after ENBD’s acquisition
The Abu Dhabi Securities Exchange general index closed 1.3 per cent higher to 4,585.57, after rising to a high of 4,607.70
05/23/2018
World Insurance Report 2018
The report suggests a framework for a digitally-integrated ecosystem that will help insurers become future-ready. ‘
05/23/2018
Growth of private debt to boost Middle East real estate market, says JLL
10% of the total real estate debt market could come from private providers within the next decade
05/23/2018
Bridge to launch first e-insurance comparison portal
The portal is expected to launch online in the third quarter of 2018, and will enable customers to make informed insurance decisions.
05/21/2018
Nasdaq Dubai Plans to Start Equity Futures on Saudi Companies
Our futures will provide further impetus to investment into the Saudi capital markets and help develop new links with market participants.
05/21/2018
Hamdan approves organisational structure of Dubai Land Department
The new structure of DLD includes the Real Estate Regulatory Agency, the Dubai Real Estate Institute and the Rental Disputes Centre
05/20/2018
FN launches new Women in Middle East Finance powerlist
All nominees for the FN50 Most Influential Women in Middle East Finance list must be based in Mena
05/20/2018
Founder of Dubai’s Abraaj faces investor revolt
Naqvi in February passed the reins of the fund management arm to two new co-chief executives
05/18/2018
HSBC’s Saudi unit to buy RBS venture in $5b stock deal
A merger would be Saudi Arabia’s first bank combination for almost 20 years
05/17/2018
Qatari investments in Turkey expand to new realms
“Both the countries are natural allies which have a lot to share with each other”, added Abu-Sharkh who is an expert on the subject.
05/16/2018
KAMCO announces Q1 financial results for 2018
Sarkhou continued to say that the funds and portfolios under management are performing well in the market
05/16/2018
NREC announces KD 4 million net profit for Q1 2018
The development of Reem Mall in UAE is progressing well and in line with management expectations.
05/16/2018
Bahrain targeted by US hedge fund
In March the Bahrain central bank’s foreign assets dropped to their lowest levels in seven months
05/16/2018
Al-Khalifa sees crucial role for SMEs in realising the Qatar National Vision
Bedaya Centre general manager Reem al-Suwaidi said, “We are proud to have Abdulaziz al-Khalifa as our guest.
05/15/2018
Amjaad Group announces Moevenpick hotel in Muscat
The company stated that it had analysed all the requirements of the project in order to select the most appropriate operator.
05/15/2018
Dubai-based GEMS Education said to move ahead on IPO
Will hire investment banks including Bank of America, Credit Suisse, JP Morgan. and Emirates NBD to manage the IPO, people familiar with the matter said
05/15/2018
EFG Hermes reports $14m Q1 net profit
Strong gains in fees and commissions were offset by a comparatively weaker quarter for our treasury function given the strong gains from merchant banking exits in 1Q2017.