04/02/2018
Bakery opens in Dubai to fund emerging markets, backed by Abraaj
A new venture capital firm, focused on investments in emerging markets, is set to launch in Dubai.
Alternative Investments
04/02/2018
Qatari investments ‘bring economic development to US cities’, says US-Arab chamber official
The NUSACC supports the forums, roundtables, and B2B matchmaking meetings that will take place in the US. We are doing this in partnership with the Ministry of Economy and Commerce, the US-Qatar Business Council, American Chamber of Commerce in Qatar, Qat
04/02/2018
MENA M&A deal value plunges 57.6% in 2017
Mergermarket will host its MENA Mergers 2018 forum in Dubai on 9 April.
04/02/2018
UAE re-exports trade tops $148bln in 2017
Re-exported goods include imports from abroad that go through customs
04/01/2018
Gulf General Investment Company in talks with lenders to restructure debt
The Sharjah-based firm is in the process of negotiating with its lenders to restructure certain existing loan and credit facilities to meet its payments as they fall due
03/30/2018
Dubai's Abraaj said to be cutting 15% of workforce
Sources say embattled buyout firm is seeking to placate investors following allegations of misused funds
03/29/2018
Building greener thinking into the Middle East’s real estate
“Sustainable energy production measures are becoming more prevalent as regional governments set ambitious targets for reductions in waste generated and energy consumed.”
03/29/2018
FTSE Russell promotes Saudi Arabia to Emerging Market status
FTSE Russell will begin including Saudi Arabian domestic stocks into FTSE GEIS from March 2019.
03/28/2018
Abu Dhabi, Greek funds agree new $350m investment platform
Mubadala signs agreement with Taneo to target investment opportunities in key sectors of Greece's economy
03/28/2018
Mawarid Exchange signs Memorandum of Understanding With YES BANK
Over 1000 branches and 1800 Automatic Teller Machines operated by YES BANK.
03/28/2018
Private equity firm Abraaj Capital is in turmoil
Limited partners rarely raise a stink over accounting issues but, if they do, it reflects that the general partner's problems likely go a lot deeper than calculations.
03/27/2018
UAE Named as One of the World’s Best Investment-friendly Economy’s for 2017-19
This was published in UNCTAD’s Annual World Investment Report 2017.
03/26/2018
KAMCO holds AGM, Shafafiyah Investors Forum
The AGM was an opportunity to review KAMCO’s 2020 strategy in light of key market movements in 2017
03/26/2018
Kuwait Seeks Billions of Dollars in Foreign Investment
Kuwait is rolling out investment partnerships and strategic investment opportunities valued at more than $100 billion
03/26/2018
The Edge-Citigold Wealth Forum 2018: European and Japanese equities look appealing
“The EU and Japan have started to catch up on the growth story [we have seen in the US], which is positive to their equity markets,” he said in his presentation,
03/26/2018
Abraaj may sell part of investment management business -sources
The talks are focused on Abraaj’s investment management business, a core part of its operations, two of the sources said.
03/26/2018
NCB Capital announces launch of a global aviation fund
The portfolio comprises a mix of narrow-body and wide-body Airbus and Boeing aircraft on lease to 14 airlines across the world.
03/26/2018
Business-friendly Bahrain looks to tech for new investors
Bahrain needs oil at $118 a barrel, almost twice the current price, to balance this year's budget
03/25/2018
UAE- Why new Eibor system is a win-win
The new process is expected to make the system efficient and more accurately capture the risk factor.
03/22/2018
Abu Dhabi's Mubadala Boosted to $250 Billion in Fund Tie-Up
Mubadala and Abu Dhabi Investment Council to be combined