03/24/2022
Mashreq Bank to support upcoming IPOs subscription on Dubai Financial Market
Dubai preparing to list 10 government-owned entities on DFM
Alternative Investments
03/23/2022
UAE businesses have some balancing to do as bank loans start to rise with US rate hikes
US Fed signals higher and faster rate hikes - what should UAE businesses do?
03/23/2022
Bank ABC, Emcap arrange $400mln loan for BankDhofar
Both the banks acted as joint co-ordinators, joint underwriters, initial mandated lead arrangers and bookrunners (together the Imlabs) for BankDhofar's loan facility
03/23/2022
OurCrowd appoints Apex Group for fund services
OurCrowd has set up an Australian Dollar unit trust for the first time, with Australian investors expected to comprise 12 per cent to 25 per cent of the raise.
03/23/2022
Cypher Capital launches USD100mln Blockchain Fund
USD100 million seed fund for investing in blockchain, crypto, and other digital asset projects
03/23/2022
CI Capital Holding for Financial Investments reports its FY21 consolidated results
Net profit after minority interest reached EGP681mln, up a notable 44% y-o-y, marking the highest results achieved in the history of the company
03/23/2022
Shuaa Capital launches $250m venture debt fund
Dubai investment bank has invested $545m in private debt transactions and $3bn structured across multiple sectors over the last 11 years, including technology
03/22/2022
Saudi Tadawul Group announces its intention to launch a bundle of enhancements to develop the post trade infrastructure
The bundle of enhancements across Saudi Tadawul Group’s subsidiaries will support the continuous development of the Saudi capital market into a technologically advanced, diverse, and integrated capital market
03/22/2022
Tamkeen plans tech training for 1,200 Bahrainis
This initiative will ensure that the right ecosystem is in place to grow tech startups while also increasing the kingdom’s competitiveness and positioning Bahrain as a regional investment hub.
03/22/2022
Saudi digital loan broker Arib raises $2.3m to expand operations
The capital will be used to obtain a licence, partner with financial institutions, grow its team and streamline operations, the company said
03/22/2022
APICORP receives ‘AA-’ credit rating from S&P Global
The rating enables APICORP to benefit from enhanced market access and mobilize financial resources at competitive rates
03/22/2022
Why crowdfunding is important for the UAE
The UAE Cabinet on Monday approved the use of crowdfunding in both public and private sectors
03/21/2022
Investcorp reaches €1.1bln of assets acquired in Europe
With acquisition of headquarters of Kering and a United Nations agency
03/21/2022
Dubai’s Shuaa Capital acquires majority stake in Souqalmal
Shuaa joins existing investors Riyad Capital and UK comparison website GoCompare
03/18/2022
Ithmaar Holding shareholders approve plans to sell range of Bahrain assets
The assets include Ithmaar Holdings’ ownership stake in both Bank of Bahrain and Kuwait and Solidarity Group Holding
03/18/2022
Banks in the UAE are already cashing in on DEWA IPO - by lending to potential investors
Retail investor interest is already peaking ahead of IPO's Mar. 24 subscription opening
03/18/2022
Private equity hits record high with buyout deal value reaching $1.1tn in 2021
“The most obvious impact will be on oil & gas supplies, which now face both political and physical risks.”
03/18/2022
RAK Properties begins foundation works at the Bay Residence project
The multi-service project will play a major role in enriching the general design of the entire Hayat Island
03/18/2022
Abu Dhabi welcomes launch of new global investment holding company
“Q Holding will be a prominent force in the vanguard of the next phase of economic development"
03/17/2022
Saudi’s Capital Markets Authority approves two more IPOs
Retal Urban Development Company and Abdullah Al Othaim Investment Company will both hold IPOs of 30 percent of their share capital