02/15/2022
'Arab banks are well prepared to counter cyber-security challenges'
Wissam H Fattouh, Secretary-General of the Union of Arab Banks, lays out the roadmap for the region’s banking institutions.
Alternative Investments
02/15/2022
Bahrain's Investcorp buys 64 US industrial properties for $640mln
Company says sector continues to benefit from strong tailwinds driven by an increase in e-commerce, heightened by the pandemic
02/15/2022
Dubai's Amanat Holding posts 28-fold jump in net profit to $76.4mln
Company recommends highest-ever dividend worth $40mln
02/15/2022
Kenya Banks On Dubai Expo To Re-Establish Presence In UAE
By the close of last year, Kenya recorded close to 11,000 tourists from the Middle East, an increase from previous years.
02/14/2022
QIC awarded four accolades at Global Banking & Finance Review Awards 2021
The awards recognise companies of all sizes which are prominent in specific areas of expertise and excellence within the world of finance.
02/14/2022
Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer
Chairman of Bahrain Mumtalakat Holding Company unit says coastal city will incorporate a range of clean technologies
02/14/2022
QLM reports strong growth of 16% in net underwriting income in FY 2021
Net profit stood at QAR 106mln, up 8%
02/14/2022
Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction
The Aldar investment marks Apollo’s latest commitment to Abu Dhabi and the UAE.
02/14/2022
Mubadala Capital holds a successful final close on its first investment fund in Brazil
The Brazil Special Opportunities Fund brought together a group of like-minded global institutional investors to capitalize on an attractive market opportunity in Brazil with a highly differentiated strategy
02/14/2022
For UAE developers, low-cost financing from Europe opens up interesting options
State-owned European banks are getting active in UAE's project space
02/14/2022
Al-Rushood: KFH Profits Approximated Pre-Covid19 levels
Al-Rushood said that subsidiaries contributions in total operating income approximated 49.7%, mainly from KFH-Turkey which has achieved remarkable performance despite fluctuations in Turkish Lira.
02/11/2022
Qatar Chamber briefed on investment opportunities in Oman
Al Busaidi also assured the importance to hold a Qatar-Oman business forum to bring together businessmen and investors willing to do business in Oman and review the most important investment opportunities in Omani projects.
02/11/2022
Saudi wealth fund PIF to invest Dh150m in Dubai fitout consultancy Depa
Depa offers super-premium interiors design and consultancy services
02/09/2022
Bank brokerages bolster their share in QSE trade turnover in January
The QNB subsidiary QNBFS' trade turnover amounted to QR6.64bn, which constituted 27.97% of the total traded value in January against 24.35% a year-ago period
02/09/2022
Al Salam Bank launches Life Planning Account drive
Al Salam Life Planning account has several verticals that help clients earn savings for future goals, be it for the future education of their children, securing post-retirement funds, providing a down payment to purchase property, or other personal fundin
02/09/2022
Kuwait Finance House net profit surges 64pc to $803m
Net operating income for the year ended 2021 reached KD 503.1 million; an increase of 0.7% compared to last year, it stated.
02/08/2022
Saudi sukuk issuance rises by 37% in 2021, says S&P Global
On a broader scale, global sukuk issuance has slightly decreased to $147.4bln in 2021
02/08/2022
IQ-EQ welcomes Atlantica Ventures as first Launchpad client
IQ-EQ Launchpad was founded on the principle that gender equality is a fundamental right and that leadership is required to drive change.
02/08/2022
Moody's assigns first time A1 rating to Saudi Arabia's PIF
The ratings reflect strong credit interlinkages between the kingdom and the wealth fund
02/08/2022
Dubai's SHUAA Capital Files With SEC for Potential SPAC Listing in NY
SHUAA is now going through the final regulatory approvals following which a decision will be made to IPO the SPAC