10/08/2017
SBI Life to open Bahrain branch by December
The company will leverage SBI's sole branch in that country to service its products and tie-up with local banks later.
Alternative Investments
10/07/2017
SEDCO’s Anees Moumina named ‘Best Family Business CEO’
His banking career has given him access to experience across a variety of business sectors including contracting, trading, manufacturing, financial investments, real estate, transportation, leasing, public sector and Islamic banking.
10/06/2017
Qatar’s economy in a downward spiral
Fitch Ratings in August downgraded Qatar’s sovereign credit rating, while other ratings agencies including Standard & Poor’s and Moody’s have also revised their positions in the fallout of the diplomatic crisis.
10/03/2017
Need seen for more convertible bond issuance in GCC
There is currently strong investor appetite for GCC convertible and exchangeable bonds.
10/03/2017
GoCompare makes first overseas investment in Middle East with Dubai-based comparison site
The Newport-based business bought a 10 per cent stake in Dubai-based price comparison firm Souqalmal.com for $2m
10/02/2017
Rx Healthcare Fund Announces Anchor Investors
Africa's healthcare sector is unique in that it offers both the potential for superior risk-adjusted returns as well as the opportunity to invest responsibly
10/02/2017
Financier fuels MidEast investment speculation with Newcastle United visitFinancier fuels MidEast investment speculation with Newcastle United visit
Amanda Staveley was in attendance at Newcastle United's Premier League match against Liverpool at St. James Park on Sunday
10/02/2017
Qatar Fund Explores Asset Sales as It Looks Homeward
QIA recently cut its holdings in Tiffany and Rosneft
10/02/2017
Abu Dhabi Is Said to Weigh Raising About $10 Billion From Bonds
Mandates BofA, Citi, HSBC, FAB, JPM to arrange the bond sale
10/01/2017
Beehive raises $5 million investment
Beehive is an SME for SMEs and its focus is on continued growth and broadening its reach to create further opportunities that will drive the ecosystem
10/01/2017
Abu Dhabi on track to record fiscal surplus this year
Focus on fiscal discipline and revenue augmentation seem to be paying off
10/01/2017
Green finance a key component of sustainable growth strategy
Of the country’s 79 financial institutions, 48 per cent already provide a green finance product or service
09/29/2017
Tourists visiting Abu Dhabi, Dubai, RAK up 9.9pc in H1
The number of visiting British tourists also registered an increase, despite the rising exchange value of the Dirham against the Pound.
09/28/2017
Holborn Assets to resume trading in the UK with FCA backing
Holborn is delighted to have reached an agreement with the FCA and is grateful to the organisation for supporting us in reaching an agreement promptly.
09/28/2017
Saudi insurers soar after ban lifted
The announcement is one of the most dramatic moves so far in the government’s bid to open up society amid a program to modernize its economy.
09/28/2017
Saudi Capital Markets Authority and Tadawul stock exchange
FTSE is expected to announce its country classification annual review on Friday after markets close in the U.S.
09/28/2017
Mideast funds more cautious toward equities, positive on Qatar
The Qatari market experienced a remarkable 11 consecutive days in the red during September.
09/28/2017
Remittances by foreign workers in UAE reaches Dh78 billion
The UAE Central Bank announced that the same figure reached Dh40.8 billion during the second quarter of 2017, an approximate increase of 10 per cent, compared to Dh37.1 billion in the first quarter of the same year.
09/27/2017
Dubai tycoon Alabbar, MEVP launch $250m start-up fund
New fund will invest in early-stage and growth-stage tech companies in the MENA and Turkey region
09/27/2017
From Chinese Giants to New Frontiers: Emerging Dollar Bond Sales Boom
It's a bit of a Goldilocks scenario for EM issuance.