08/10/2022
Bupa Arabia tops global and regional rankings
Bupa Arabia also placed 13th on Brand Finance’s most valuable brands in Saudi Arabia rankings, six places ahead of its position in the previous year’s rankings.
Alternative Investments
08/10/2022
Individual coaching and mentoring during change management
“Change occurs on an individual level and involves developing a new mindset and thinking process when performing daily activities. Successful transformation therefore requires individuals to transition from their current behaviour or ways of working
08/10/2022
Abu Dhabi’s investment firm Chimera buys majority in Egypt’s Beltone Financial
Chimera was set up in 2007 and is part of Abu Dhabi’s Royal Group, which is owned by Sheikh Tahnoun bin Zayed Al Nahyan, who is the United Arab Emirates’ national security adviser.
08/09/2022
Saudi wealth fund starts company for Egypt investments
The company will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals
08/08/2022
Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium
Will take place from Wednesday 28 to Thursday 29 September 2022
08/05/2022
Exceptional year for UAE citizens’ housing, with financial support of over $6ln
On 5th June, President His Highness Sheikh Mohamed bin Zayed Al Nahyan ordered the completion of the housing grants from previous years
08/05/2022
Saudi Arabia posts $20.8bn budget surplus in Q2, the highest at least since 2019
The SR7.9 billion increase in public debt during the second quarter is due to the SR25.4 billion rise in domestic debt
08/05/2022
Qatar initiates measures to curb rising inflation: Kamco Invest
Qatar’s inflation is mainly driven by its recreation and culture sector, which registered 36.5% year-on-year rise during June-2022 after the country eased pandemic related restrictions according to officials in Qatar’s Finance Ministry.
08/05/2022
Mohamad Majid (KPMG) on digital pillars of UAE's public sector
A partner in the UAE business of KPMG, technology provides governments the opportunity to transform their citizen experiences.
08/05/2022
CBRE advises on acquisition of Doubletree by Hilton in Marjan Island
During the transaction, Busaibe and his team was supported by a number of M&A consultancies, including CBRE, which provided valuation and technical due diligence advisory services. Other dealmakers were at the time of writing unknown.
08/04/2022
Amlak Finance reports 35% higher profit in H1-22
In the first quarter (Q1) of 2022, Amlak Finance posted net profits worth AED 13.08 million, up from AED 6.38 million in Q1-21.
08/04/2022
SABB’s shares rise after H1 profit surges 10% to $559m
Besides an increase in total operating Income, the bank said the rise in associate earnings also contributed to the results.
08/04/2022
Banque Misr sells entire stake in EFIC
The Cairo-based lender sold a total of 7.26mln shares in the EGX-listed firm
08/04/2022
Qatar First Bank posts QAR 42mln net profit in first half of 2022
The first half of 2022 witnessed a significant growth in recurring streams of revenue versus the same period previous year
08/03/2022
Dubai records over $326mln in real estate transactions Tuesday
The sales included 356 villas and apartments
08/03/2022
Ahlibank sponsors Omani Women's Association Initiative to support female job seekers
By offering courses and training programs in various areas, including beauty, and tailoring
08/02/2022
Bahrain Clear launches Bahrain private market for closed shareholding companies
The shares will be held in safe custody by Bahrain Clear to ensure the safe keeping and visibility to the company’s shareholders
08/01/2022
Allianz in Egypt launches 'Free Roadside Assistance Initiative' to assist drivers across Egypt during summer
Mahran: The Initiative stresses Allianz’s societal role in providing safety and protection on highways for the society at large
08/01/2022
GFH UK subsidiary Roebuck signs €400mln JV with ICG
Partnership to aggregate urban logistics and last mile portfolio in Spain, with three assets already acquired
08/01/2022
Qatar First Bank holds Extraordinary General Meeting
The shareholders also authorised the chairman of the Board to sign any agreements, applications, amendments, adjustments, authorisations, or any other documents required by any authority or private institution for the purpose of adopting the bank’s