Bahrain banks' loans and credit facilities jump to $30bln
The outstanding total loans and credit facilities provided to resident economic sectors in Bahrain increased to BD11.3 billion ($29.97 billion)…
Hedge Funds & Alternative Investments
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“Tamkeen” continues to meet the supported enterprises to understand their future plans
The Labour Fund “Tamkeen” is continuing to hold its series of meetings with several enterprises who have received support through…
Egypt finance minister says it’s time to rethink carry-trade reliance
Egypt should focus on attracting more foreign direct investment and boosting exports so it relies less on its once-lucrative carry…
Bank ABC invites autonomous financial advisory solution providers to participate in its innovation challenge closing on June 26
Bank ABC, MENA’s leading international bank, invites autonomous financial advisory solution providers to participate in its innovation challenge hosted as…
DGDA signs MoU with Al Rajhi Bank to help fund home buyers
The Diriyah Gate Development Authority (DGDA) has signed a Memorandum of Understanding (MoU) with Al Rajhi Bank to provide financing…
Pankaj Gupta of Gulf Islamic Investments to Chair new GCC chapter of 256 Network
Pankaj Gupta, Co-CEO of Gulf Islamic Investments, announces the launch of the GCC Chapter of 256 Network, an exclusive peer-built…
Saudi entrepreneurs get $27b funding as SMEs grow by 15% in Q1
billion ($27 billion) in the first quarter as the number of small and medium-size businesses operating in the Kingdom rose…
ATFX expands services to LEVANT via new Jordan operation
ATFX announced its foray into the LEVANT region through a Jordan partnership with Amman-based brokerage & investment firm ASWAQ Invest…
Capital Bank’s Extraordinary General Assembly approves capital increase in favor of the Public Investment Fund
During its extraordinary meeting held virtually on Wednesday, June 15, Capital Bank's General Assembly approved the Board of Directors' recommendation…
Abu Dhabi’s Aldar eyes stake in Egyptian developer – report
Aldar Properties PJSC is considering buying a majority stake in Egyptian developer Medinet Nasr Housing, Bloomberg reported citing people familiar…
Rents in Dubai rising at fastest rate since 2014: CBRE
Residential rents in Dubai are rising at the fastest pace in about eight years, as transaction activity continues to rise…
NBK launches the new cohort of its leadership development program “High fliers”
Najla Al-Sager: The program aims to prepare young banking leaders capable of maintaining the course of the bank’s success. …