04/04/2022
Bahrain Bourse ‘to list five state companies this year’
The public will be offered shareholding in five government-run companies this year, according to Shaikh Khalifa bin Ebrahim Al Khalifa, the top official of Bahrain Bourse (BHB)
Alternative Investments
04/04/2022
UAE's Aldar acquires massive plot in Saadiyat Island valued at $1bln
The construction is scheduled to begin in the second half of 2022 over a 4-year development period
04/04/2022
Oman’s Omnivest subsidiary NLGIC to acquire RSA Middle East
Sale expected to be completed in Q3 2022
04/04/2022
AfDB Seeks Significant Investment Partnerships With UAE
Mr Adesina made the call during his official three-day visit to the kingdom which covered engagements in Dubai and Abu Dhabi.
04/04/2022
Middle East Venture Partners eyes investment in SA start-ups
Company has set aside $50m for funding in Africa, about half of which has already been allotted
04/01/2022
Kuwait Fund Must Hand Over Papers in Bonus Spat With Ex-Managers
The KIA and Hard both did not immediately respond to requests for comments through their lawyers.
04/01/2022
Saudi Arabia to localize key jobs in fun cities
“100% of jobs at fun cities at malls and 70% of jobs in permanent and seasonal fun cities as well as in family recreational centers will be Saudized effective from September 23, 2022,” the ministry said
04/01/2022
Agility, Menzies boards agree on $750mln takeover deal
The board of Menzies intends unanimously to recommend the cash offer to their shareholders.
04/01/2022
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal
04/01/2022
Saudi Arabia real GDP grows 6.7% in Q4 2021
The non-oil revenues also increased strongly by 5.1% y-o-y, while government activities expanded by 2.4% y-o-y, according to data issued by the General Authority for Statistics
03/31/2022
URC announces its financial results for the year ended 2021
Improved operating profit with a considerable decline in net loss
03/31/2022
Suez Canal Bank eyes mortgage financing portfolio in 2022
The bank is currently in talks with three companies to provide mortgage financing for customers
03/31/2022
LuLu Financial Group head Adeeb Ahamed receives Bahraini Golden Visa
Adeeb Ahamed was awarded the honor by H.E. Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of Bahrain
03/31/2022
Mashreq named Market Leader for best-in-class transactional banking services in the UAE and Middle East
Voted for by customers in latest Euromoney survey
03/30/2022
Saudi Crown Prince’s $100 Billion Investment Chase Takes Off
Saudi Arabia’s FDI hit decade-high last year on Aramco’s deal
03/30/2022
Abu Dhabi’s Eshraq Investments to acquire Goldilocks in a share swap deal
Transaction will boost Eshraq's assets to more than $1.03bn and help diversify its portfolio
03/30/2022
Wealthy Russians pour into Turkey, Dubai real estate markets
While Turkey and the UAE have criticized the Russian offensive, Ankara opposes non-U.N. sanctions on Russia and both countries have relatively good ties with Moscow and still operate direct flights.
03/30/2022
EBRD launches Green Star Venture programme in Jordan
Jordan is the first economy in the EBRD regions to pilot the programme.
03/30/2022
QSE listed insurers’ net profits soar 138% in 2021
In its latest report on ‘GCC Insurance Industry’ Alpen Capital said the insurance market in Qatar is estimated to reach $1.9bn in 2026, growing at a CAGR of 4.7% from 2021.
03/29/2022
Barrows Hotel Enterprises starts offering high yield Bond Structures to Institutional Investors
As a result, more innovative ways of financing, such as high-yield bonds, are being implemented.