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Alternative Investments

05/26/2022

Capital Intelligence maintains investment grade rating for Kamco Invest with stable outlook

The outlook on the ratings remains ‘Stable’ primarily due to Kamco Invest’s leading position in the asset management industry, as well as the Company’s strong funding and liquidity base

05/25/2022

Arada Developments hires banks for debut dollar sukuk

They are joined by Abu Dhabi Commercial Bank

05/23/2022

DIG acquires Infinity and invades the real estate market with mega projects

Infinity owns commercial projects in the New Administrative Capital

05/23/2022

SICO advises on fixed income investment strategies amid current market conditions

US Treasury yields surged by an average of 160 basis points this year, with market participants pricing in as much as 8.5 rate hikes for 2022, according to Fed Fund Futures.

05/23/2022

Star Tech: Wellx – UAE's first-of-its kind insurance platform

The company uses cutting-edge data analytics tools to hyper-personalise the wellness experience for individuals, families, and corporate entities

05/23/2022

With higher interest rates, UAE banks are headed for pre-pandemic profitability

UAE banking sector packs some heavy buffers in year-to-date

05/20/2022

ADX and BHB discuss high-level strategic partnership in Abu Dhabi

ADX and BHB take steps to unlock opportunities, bolster bilateral cooperation on key issues and common concerns

05/20/2022

Abu Dhabi Securities Exchange and Bahrain Bourse talk over strategic partnership plans

The two stock exchanges met this week about achieving greater cross-border cooperation

05/19/2022

The BIBF and Bahrain Bourse launch a series of webinars under the investment academy

Spreading awareness about the importance of the financial and investment culture

05/18/2022

Dubai: New project launches surpass pre-pandemic level in first quarter of 2022

Dubai: New project launches surpass pre-pandemic level in first quarter of 2022

05/18/2022

Sovereign Group acquires PRO Partner Group to further expand its GCC footprint

The new partnership brings wider global market access to the Middle East

05/18/2022

Abu Dhabi’s IHC completes $2bn investment deal with Adani Group

Company is investing in three of Indian business conglomerate's green-focused companies

05/17/2022

Qatar: Insurance sector in good stead in 1Q2022

The net premium of Islamic insurance and foreign branches grew faster than the total net premium income of the overall insurance industry

05/17/2022

Amethis, EBRD and SPE Capital acquire GlobalCorp

The investment in GlobalCorp will include a primary capital investment to scale up the company’s portfolio and expand into new business segments.

05/13/2022

Top Abu Dhabi Wealth Fund Closes Latin America Equities Team

Eduardo Favrin led Latam team, which employed seven managers

05/13/2022

UAE lists first dirham-denominated treasury bond on Nasdaq Dubai

The Dh1.5bn T-bond listing increases the value of domestic and international fixed income listings on the exchange to $102bn

05/13/2022

Tradewind Finance announces US$ 1bln in funding globally

According to the spokesperson, the extension of liquidity by the cash flow management firm continues to be instrumental in helping exporters to scale up their pursuit of much-needed growth

05/13/2022

UAE Banks to Benefit from High Oil Prices, Rate Rises

Fitch expects real GDP growth of 6.3% in 2022 and 3.8% in 2023, while the non-oil economy should grow by 4.5% in 2022 and 3.3% in 2023.

05/12/2022

Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months

Emirate has also seen record-breaking 93 ‘ultra-prime home’ sales in 2021

05/12/2022

Saudi Aramco becomes world's most valuable stock as Apple drops

Role reversal underscores the power of major forces coursing through the global economy

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