09/17/2018
United Bank, Afreximbank to finance Egyptian exports to Africa
The collaboration will allow the duo to guarantee export earnings of Egypt, protects exports from risk of non-payment and increase volume of foreign trade in African markets.
Alternative Investments
09/17/2018
Chartered Insurance Institute opens Middle East and Africa office
There is growing demand from the region for the raising of professional standards
09/16/2018
Abu Dhabi Financial Group offers revised bid for Abraaj's ME funds
The Abu Dhabi-based alternative investment firm is among more than a dozen bidders seeking to buy the bulk of Abraaj's private equity funds
09/16/2018
Now is the time to buy London property, says Chestertons ahead of Cityscape
Research has revealed the average property price in London has remained flat over the last 12 months, however, favourable exchange rates, thanks to an 11% drop in Sterling since April is piquing the interest of savvy UAE investors
09/16/2018
Shinhan-led banks grant loan to Afreximbank
This marks the bank consortium's first syndicated loan to the pan-African multilateral financial institution
09/16/2018
Real estate a major driver as private equity set to continue outpacing stock markets - expert
Berkeley Assets says private equity is raising more capital than ever before
09/16/2018
Boursa Kuwait launches educational portal for capital markets knowledge
Fully digital portal aims to promote financial literacy among investors
09/13/2018
Erdogan appoints himself head of Turkey's wealth fund
Erdogan last year said the fund needed a "reorganisation" after the first chairman Mehmet Bostan was removed from his post in September 2017.
09/13/2018
Swissglobal acquires Premium Insurance in continued Middle East expansion
The strategy comes as the financial services and wealth management firm continues its strategy of expansion worldwide through acquisitions.
09/13/2018
Wealth Funds Looking for Glamour in Benko's Luxury Estates
Signa founder said to have met with Norway, Abu Dhabi funds
09/12/2018
National Fund set to buy IDFC infra debt fund
NIIF is a joint venture with India owning 51% and the rest by sovereign funds and other local banks.
09/12/2018
Abu Dhabi Ports, Kizad in China to woo investors
Abu Dhabi Ports has played an important role in strengthening these ties.
09/12/2018
Saudi Arabia's sovereign wealth fund raises $11 bln loan with 15 banks -Maaal
The deal is the first commercial loan for the PIF, which has been tasked with helping to deliver the government’s Vision 2030 reforms.
09/12/2018
Aldar Properties creates new subsidiary with $5.4 bln assets
It’s an evolution that brings a new degree of operating capital efficiency.
09/11/2018
Qatar- Kuwait market emerges as new darling of investors
Kuwait capital markets have been long neglected by investors and Kuwaiti policy makers, Marshall Stocker, a Boston-based portfolio manager at Eaton Vance Corp
09/11/2018
Egyptian real estate startup Aqarmap raises funding
We are honoured to have three of the leading VC firms in the MENA backing Aqarmap and believing in our vision.
09/11/2018
Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing - sources
Aldar, Abu Dhabi’s largest developer, reported last month a 28 percent fall in second-quarter profit attributing it to a revaluation of properties related to its retail portfolio.
09/10/2018
UAE bank mergers to ring in economies of scale
It is imperative for companies to seek efficiency in order to maximise margins and remain ahead of the competition
09/09/2018
Meet stock investors' new Gulf darling
Once overshadowed by its bigger neighbours in the Gulf, Kuwait’s market has emerged as the new darling of global investors.
09/09/2018
Shuaa to hold 87.22% stake in Kuwait's Amwal investment bank after acquisition
Shuaa says Amwal shareholders representing 70.9% stake in the company agree to sell their shares