12/08/2015
Sigma Capital to raise issued capital to EGP 100m in 2016
Sigma will increase its issued capital from EGP 69m to EGP 100m in 2016
Alternative Investments
12/04/2015
Qatar's Barwa Bank lists $2 billion sukuk programme on Irish exchange
Qatar's Barwa Bank has listed a $2 billion Islamic bonds programme on the Irish Stock Exchange, taking the lender a step closer to tapping the sukuk market for the first time.
12/03/2015
AUB hosts a seminar on real estate investment opportunities in London
They highlighted development opportunities arising in the Greater London area
12/02/2015
SABB wins "Best Cash Management Bank in Saudi Arabia"
SABB has been recognized by Euromoney as "The Best Cash Management Provider in Saudi Arabia for 2015" for the eighth consecutive year.
12/02/2015
World Islamic Banking Conference gathers global Islamic financial ecosystem in Bahrain
Governors, Ministers, C-level bankers & asset managers, fintech entrepreneurs, institutional investors, social entrepreneurs, services providers, socially responsible investors, and academics converged at Islamic finance's longest-running gatheri
12/01/2015
Boutique M&A advisories usurp big boys' turf
C.H. Stirling is planning to raise $27 million of fresh capital and triple its staff by next summer.
12/01/2015
Mideast funds a bit more positive on stocks, bearish on bonds
Improved valuations in several markets are the main reason; since last month’s survey was published
12/01/2015
Foreign direct investment becomes a priority for the UAE
The UAE maintains a position as the major trade and investment hub for a large geographic region
12/01/2015
SICO announces changes to its regional fund portfolio
During the five-year post-financial crisis period of April 9008 to March 9013, the Fund’s return was minus 9.9 per cent
11/30/2015
Saudi developer secures funds to complete world's tallest tower
The Saudi developer behind plans for the world's tallest building said on Sunday it had secured financing to complete the record-breaking project.
11/30/2015
Nexus Group Expansion Continues in 2016
Region's Largest Insurance Broker Observes Shift Toward Protection Schemes, and Demonstrates Strong Overall Business Growth
11/30/2015
UAE’s KBBO Group hires banks for Centurion London listing
Privately-owned KBBO plans to sell up to 40% of Centurion Partners in an initial public offering planned for the first half of 2016
11/27/2015
Blackstone Sells Midtown’s London Hotel to Abu Dhabi Fund For $382M
The private equity firm has sold the London Hotel in Midtown to sovereign wealth fund for $382 million to Abu Dhabi Investment Authority.
11/27/2015
Zurich to scale back general insurance business in the Middle East
Subject to an assessment of contractual obligations, existing portfolios in this business will be put into run off.
11/26/2015
Qatar, Venezuela sign accords
Members of the official delegation accompanying the Emir and Venezuelan ministers attended the meeting.
11/26/2015
DGCX to launch Chinese Yuan Futures in December 2015
China observers believe that the Renminbi will surpass the US Dollar as the world's most commonly traded currency within the next decade
11/26/2015
MENA IPOs lead their way to capital markets at the London Stock Exchange- Al Masah Capital
Taking cues from the panel discussions held at the 5th Annual Investor Forum that took place in Dubai recently,
11/25/2015
South Africa's Sanlam to pay $375 mln for a third of Morocco's Saham Finances
Sanlam operates in several African countries including oil-rich Ghana
11/25/2015
Saudi property company Alandalus to launch IPO
Alandalus is based in Riyadh, was incorporated in 2006 and is involved in commercial real estate development and investment
11/24/2015
National Bank of Abu Dhabi raises $200 mln via 2-year note
The note will pay monthly interest starting on Dec. 20 at a variable margin over the one-month London interbank offered rate , it told the London Stock Exchange.