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Alternative Investments

09/15/2023

Al Ansari Financial Services clinches two prestigious awards at MEA Finance Leaders in Payments Awards 2023

The tireless efforts and unwavering commitment of our team members are the cornerstone of our ability to provide unparalleled customer service and deliver exceptional financial services

09/15/2023

Dubai Chamber of Commerce partners with Noon to support SMEs in establishing digital presence

The chamber hosted a special webinar with the participation of over 200 companies

09/14/2023

Qatar’s financial wealth forecast to surge to $388bn by 2027

The report pointed to Qatar’s burgeoning entrepreneurial scene and calculated risk-taking as key factors in its remarkable financial ascension.

09/13/2023

GCC banks to experience a slowdown in credit growth due to high inetrest rates

Banks in the UAE and Saudi Arabia to be more resilient, buoyed by a robust non-oil GDP growth

09/12/2023

TMG Holding, Saudi NHC team up for $10.6bln development project

The two parties signed the agreement on 10 September 2023 on the sidelines of the Cityscape Global Exhibition

09/12/2023

Turkey’s current account deficit widens in July

This backdrop – with a visible deceleration in growth – should lead to an improvement in the current account moving forward.

09/11/2023

Savills showcases landmark London Properties at Cityscape Global

Savills is representing three UK-based developers at the event in Saudi Arabia, aiming to attract regional investment for the London developments

09/11/2023

EFG Hermes successfully concludes EGP 472mln securitized bond issuance for EMRC

As part of its EGP 3 billion issuance program

09/11/2023

Etihad Credit Insurance teams up with Adex to boost technology sector in Angola

Abu Dhabi’s Presight secures funding for a project in the West African country as part of the collaboration

09/08/2023

Dubai International Chamber inaugurates second European representative office in Milan

The initiative is designed to reinforce Dubai’s position as one of the world’s leading commercial hubs by attracting investments

09/08/2023

Abu Dhabi’s TAQA lists $1.5bn dual-tranche bonds on ADX

The order book was nearly 10 times oversubscribed at the time of issuance in April, with investors placing total orders of more than $15bn

09/08/2023

Saudi Arabia’s Lumi announces final IPO offer price; set to raise $290mln

The firm is offering 30% of its issued share capital

09/08/2023

Real estate trading volume reach QR1.011bn in August

The data of the real estate analytical bulletin issued by the Ministry of Justice revealed that 297 real estate transactions were recorded during the month.

09/07/2023

Saudi Arabia’s real estate, infrastructure projects hit $1.25tn

NEOM, the $500bn megacity, is progressing rapidly, with $70bn of projects now awarded, 45 per cent of which has been completed

09/06/2023

Saudi Tadawul Group, Shanghai Stock Exchange sign agreement to boost cooperation

The agreement was signed by Khalid Abdullah Al-Hussan, CEO of STG, and Cai Jianchun, president of the SSE, during a visit by a high-level delegation from the SSE to Saudi Arabia.

09/06/2023

UAE health insurance: Will residents pay higher 'co-payment' charges on their medical bills in 2024?

Insurers consider raising co-payment share as medical claims soar

09/06/2023

Ooredoo receives 'Cisco Partner of the Year FY23' award

Our collaboration with the renowned Cisco distributor Comstor presents a golden opportunity to provide exceptional service to our customers and communities.

09/05/2023

IFC to hire global consultant to develop investment strategy for Egypt

The document stated that the IFC will prepare an integrated strategy for the IPO program, which will take about four months, starting from June 2023

09/05/2023

Emirates NBD looks to leverage the power of generative AI

ChatGPT will have a central role in the AI makeover of Emirates NBD’s operations.

09/04/2023

Dubai real estate to see double-digit returns, says Damac chairman

Damac Properties is the largest private developer in Dubai. It recently launched Damac Coral Reef in Dubai Maritime City

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