Ex-Mondial COO joins Globaleye
Globaleye has announce the appointment of Byron Murphy as Managing Director (Global). Byron has worked in international financial services…
Hedge Funds & Alternative Investments
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Turkey, UAE Sign FX Swap Deal Worth $5 Billion
Turkey signed a $4.9 billion currency swap agreement with the United Arab Emirates, boosting dwindling foreign-exchange reserves depleted by the…
Saudi Arabia kicks off the year with a $755 million sukuk issuance
The Saudi government offered sukuk denominated in Saudi riyals worth SR2.83 billion ($755 million) in its first issuance for the…
Abu Dhabi’s Taqa to press ahead with Dh40bn investment plan as part of renewables push
Abu Dhabi National Energy Company, or Taqa, as it is known, reiterated its commitment to invest Dh40 billion ($10.9bn) in…
SaaS funding: Saudi Arabia-based Lucidya secures $6mln
Saudi Arabia-based customer experience management platform Lucidya has secured $6 million in its second round of funding led by Rua…
Aldar unveils $490m sustainable city project in Abu Dhabi
Aldar Properties, Abu Dhabi’s biggest developer, is constructing a Dh1.8 billion ($490 million) sustainable city on Yas Island. The…
Lazard Asset Management appoints Head of Third Party Distribution for MENA region
Lazard Asset Management has appointed Nick Savastano as Head of Third Party Distribution (TPD) for Lazard Asset Management in the…
Bahrain's GFH Financial sets up new company with $1bln capital
GFH Financial Group has announced the spinning out of its infrastructure and real estate assets under the newly established “Infracorp”…
HSBC Reclaims Bond Crown in Mideast and Awaits Spurt to Beat Fed
HSBC Holdings Plc, which last year was the top arranger for bond sales in the Middle East for the first…
Dubai to enhance its position as a global liveability hub
Dubai’s Department of Economy and Tourism (DET) and HSBC Bank Middle East have signed a Memorandum of Understanding (MoU), paving…
Al-Rajhi Bank gets green light to complete acquisition of Ejada Systems
Al-Rajhi Bank received the green light on completing an acquisition of Ejada Systems Company Ltd, according to Saudi Arabia’s General…
Spate of pro-investor reforms to drive UAE FDI surge in 2022
Foreign direct investment flow into the UAE is expected to see a significant surge in 2022 driven by enhanced pro-investor…