10/06/2023
Abu Dhabi’s Ethmar acquires nearly 70% stake in BHM Capital
Move part of strategy to expand into various sectors
Alternative Investments
10/05/2023
Dubai Real Estate surge by 40% in Q3 2023
Total Worth Soars to AED 97.55 Billion
10/05/2023
Tamkeen supported more than 14,800 Bahrainis and 4,000 enterprises since the beginning of this year
Tamkeen Board of Directors holds Q3 2023 meeting
10/05/2023
Dubai launches family business support program
The Dubai Family Business Management Program is designed to empower the future leaders within family businesses, ensuring their sustained success and effective navigation through generational transitions.
10/05/2023
Social Development Bank allocates $621m in Q3 to support economic development
The minister also highlighted the ongoing endeavors to foster collaboration across all sectors to realize sustainable development goals and elevate the Kingdom’s quality of life.
10/05/2023
QSE rings bell for financial literacy initiative
QSE recognises the transformative power of financial education and is dedicated to equipping individuals of diverse ages with the knowledge and resources necessary to make informed investment decisions.
10/05/2023
156 Arab companies invest in JIEC industrial estates: Jordan
These investments had created 5,726 job opportunities in Jordan
10/05/2023
Emirati company gets majority stake in Telkom on Helios exit
This came hours after the Cabinet rescinded the decision in July last year that saw Helios pay Sh6.09 billion to exit the telco, directing the London-based private equity fund to refund the government the amount.
10/04/2023
KIB spreads banking culture and raises financial awareness at the Avenues Mall
In addition, they discussed all campaigns and promotions available for customers to get the most out of what KIB has to offer.
10/04/2023
Northern Trust Appointed Global Custodian by Abu Dhabi Pension Fund
Multi-asset class solution to provide integrated public and private asset support.
10/04/2023
Salt Edge and SeaPay forge partnership, boosting open banking for Saudi Arabian businesses
The collaboration between SeaPay and Salt Edge is meticulously designed to amplify the innovative open banking solutions available to local merchants in Saudi Arabia.
10/04/2023
EY celebrates 100 years in MENA with record results
Since its early MENA beginnings in 1923, when EY setup its first regional office in Cairo, the firm has grown into a powerhouse.
10/03/2023
Ruya partners launches private credit fund
The fund has been classified as a private credit fund under the ADGM’s new private credit fund framework.
10/02/2023
QSE loses 35 points as rate concerns loom large
The foreign individuals turned bearish, albeit at lower levels, in the main market, which however touched an intraday high of 10,284 points.
09/29/2023
Abu Dhabi's ADNIC to acquire 51% stake in Saudi insurance firm
Abu Dhabi's ADNIC to acquire 51% stake in Saudi insurance firm ADNIC plans to purchase the share capital via internal cash resources
09/29/2023
‘October forms real test for QSE upcoming directions’
Youssef Bouhlaika added that October will form the real test for the directions of the QSE index until the end of 2023.
09/29/2023
Saudi Aramco expands into LNG by buying stake worth $500m in MidOcean Energy
MidOcean is in the process of acquiring interests in four Australian LNG projects
09/28/2023
ADX appoints BNY Mellon for global custody offering
Arrangement will enable dual listings from global markets on the ADX
09/25/2023
Arab region has great opportunities to harness digitalisation, AI in making progress in implementing climate action: Mahmoud Mohieldin
Mohieldin said that the banks’ fulfilment of their Net Zero commitments would affect the economies in general and would involve the customers in the emissions reduction process.
09/25/2023
Banks urged to drive green growth and digitalization for climate action in the Arab region
Mohieldin stated that the banking sector’s fulfillment of its net zero commitments will reflect on economies in general and will play a crucial role in involving customers in the emissions reduction process.