Kingdom’s Agricultural Development Fund approves $115m loans
Saudi Arabia’s Agricultural Development Fund has approved a number of loans with an accumulated worth of over SR434 million ($115…
Hedge Funds & Alternative Investments
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Oliver Wyman buys Booz Allen’s MENA management consulting business
Oliver Wyman has closed a major deal in the Middle East and North Africa, acquiring the management consulting business of…
Fitch ratings publishes Turkish banks datawatch: 4Q21
Fitch Ratings’ 4Q21 Turkish Banks Datawatch report covers 13 banks that comprise 81% of total Turkish banking sector assets. It…
GFH appoints Ghazi Al Hajeri as Chairman
GFH Financial Group has announced that Mr. Ghazi Al Hajeri has been appointed as Chairman of the Group effective 04/April/2022.…
Call to end unregulated UAE advisers as latest worst reputations rankings unveiled
One in every four UAE residents consider recruitment companies to have the worst reputation among those companies typically under fire,…
FDI inflows into UAE jump 3.9% to reach Dh76 billion in 2021
Foreign direct investment inflows into the UAE reached nearly Dh76 billion (USD 20.7 billion) in 2021, a 3.9 per cent…
Oman's revenues surge by 75%
Oman’s total revenues surged ahead by 75.6 per cent to around OMR1.918 billion at the end of February 2022 over…
Azimut Egypt manages assets exceeding $547mln, aims to grow 20% by 2022-end
Ahmed Abou El-Saad, Managing Director of Azimut Egypt Asset Management, expects that the year 2022 will be the most fortunate…
Citi Launches Sustainable Trade and Working Capital Loans
Citi has launched sustainable trade and working capital loans in Europe, the Middle East and Africa (EMEA), Latin America (LATAM),…
UAE requires $671bln investments to achieve net-zero targets
The UAE will require 2.5 trillion dirhams ($671.1 billion) in investments to transition to net zero, according to a report…
UAE banking sector pivots to new resilience mechanisms to spur growth
The UAE’s financial services sector is poised for growth in 2022 amid sweeping economic and fiscal reforms on the back…
Bahrain real estate market sees ‘encouraging signs’
Online real estate platform Property Finder has spotted encouraging signs in Bahrain’s real estate market, as it gathers momentum on…