EU states freeze $130 million worth of Lebanese assets
Authorities in three European countries have frozen more than $130 million in assets linked to an investigation into money laundering…
Hedge Funds & Alternative Investments
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Abu Dhabi sovereign fund pausing Russia investments, CEO says
Abu Dhabi's Mubadala Investment Company is pausing investments in Russia, which represent less than 1% of its portfolio, because of…
Al Baraka Bank covers $40.93mln of Palm Hills’ sukuk issuance
Al Baraka Bank Egypt has contributed EGP 750 million to the coverage of the issuance of EGP 3.251 billion sharia-compliant…
Sharjah markets 8-year Islamic bonds
The government of Sharjah, one of the seven United Arab Emirates, has begun taking orders for eight-year U.S. dollar-denominated Islamic…
EBRD and FATEN boost women entrepreneurs in West Bank and Gaza
EBRD loan of US$ 2 million to Palestine for Credit and Development (FATEN) Funds for on-lending to local women-led MSMEs…
Dubai attracts 57% of scaleup funding in MENA region: report
Dubai is home to 39% of scaleups in MENA and a majority of the region’s tech giants. Scaleups in UAE…
Avanz Capital Egypt Establishes Avanz Manara
Avanz Capital Egypt announced today the establishment of Avanz Manara for Private Equity, Company Limited by Shares (Avanz Manara), an…
'Markaz': 2021 marks a year of achievements despite challenges
Alghanim: “Our performance throughout 2021 emphasizes our capabilities to provide our clients with tangible value and further develop our operations,…
ADX to see 13 more listings before year-end
Abu Dhabi Securities Exchange could host 13 more listings before the end of this year as the Arab world's second-largest…
Multilateralism needed more than ever to address challenges
Minister of Finance H E Ali bin Ahmed Al Kuwari has said that multilateralism today is needed more than ever…
Saudi Arabia's land bridge project costs 'to hit $26bln'
A land bridge project, which will link the western and eastern parts of the kingdom, could see costs spiral to…
Abu Dhabi hospital operator NMC Healthcare comes under new ownership led by ADCB
After nearly two years, Abu Dhabi hospital operator NMC Healthcare is finally emerging out of court-appointed administration. This means…