Generali unit buys big stake in Bahrain group Gulf Assist
Europ Assistance has announced that it has reached an agreement with Mapfre Asistencia to acquire nearly 75% of the stake…
Hedge Funds & Alternative Investments
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Boursa Kuwait’s successful growth strategy hailed at HSBC Exchange summit
Boursa Kuwait was recognised by international investors for its successful growth strategy that saw a significant jump in net profits…
Kamco Invest successfully advises QPIC in purchasing 9% of ATC’s capital
Kamco Invest, a regional non-banking financial powerhouse, acted as the Partial Purchase Offer Manager to Qurain Petrochemical Industries Company (QPIC)…
Amazon Egypt, amazon.eg, launches valU’s BNPL services in Egypt
As part of Amazon Egypt’s commitment to enhance its shopping experience and provide customers in Egypt flexible and affordable payment…
Abu Dhabi to invest $2.7 billion to boost its manufacturing sector
Abu Dhabi is investing AED10 billion ($2.7 billion) in its manufacturing sector, as the emirate announces new industrial strategy. …
Gulf Islamic Investments acquires majority stake in OFFA UK’s first Shariah-compliant bridge financing company
Gulf Islamic Investments, a leading Shariah compliant global investment company based in the United Arab Emirates, with assets under management…
Saudi Banking Sector Stimulates FinTech, Entrepreneurship
The Saudi Central Bank inaugurated the HORIZON Center at al-Bilad Bank to create a coherent environment that ensures support for…
Most Gulf indexes fall on fears of sharp economic slowdown
Most stock markets in the Gulf ended lower on Thursday, as central banks' aggressive rate-hike approach to tame inflation stokes…
UAE insurance company goes live with Innoveo no-code platform
Innoveo has announced that Oman Insurance company, one of the largest publicly listed insurers in the United Arab Emirates, has…
National Bank of Egypt opens first branch in South Sudan
The National Bank of Egypt (NBE) has inaugurated its first branch in Juba, South Sudan. The bank was launched under…
The Central Bank of Bahrain launches a survey campaign
In accordance with the Central Bank of Bahrain’s (CBB) objective to provide an appropriate level of protection to users of…
Banks in emerging G20 markets 'face double-edged sword of inflation and rate increases'
Banks in emerging markets in the G20 are facing a double-edged sword as higher interest rates are set to improve…