Franklin Templeton appoints Global Head of Sustainability
Franklin Templeton today announced the appointment of Anne Simpson as Global Head of Sustainability, a newly-created role charged with driving…
Hedge Funds & Alternative Investments
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Sequoia Capital India makes Gulf debut with $33 million investment in Saudi fintech Lean Technologies
Saudi fintech start-up Lean Technologies has won a $33 million Series A round funding injection from Sequoia Capital India, marking…
'Malicious': War of Words Breaks Out Between Big Law and Offshore Firms In $100M Kuwait-Cayman Case
An increasingly vitriolic war of words has broken out between the lawyers of a private equity fund and those acting…
Turkey May Spend $3.8 Billion to Boost State Banks’ Capital
Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they keep lending to businesses after…
Egypt’s debt instrument market gets $970mln investments
Foreign investors have injected $970 million since early January in investments in Egypt’s long-term treasury bills (T-bills), an official source…
Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank
Masdar City through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment of $200m with First…
Batelco launches three new digital companies
Batelco has launched three new independent digital companies that will operate in Bahrain and beyond, with the aim of providing…
Egypt economy forecast to grow 5.2% in year to June, 5.5% in 2022/23
Egypt's economy, buoyed by a strong revival in tourism, will grow by 5.2% in the fiscal year that ends in…
Dubai tops the list of the most popular destinations in the world for 2022
Dubai has managed to secure first place on the list of most popular destinations in the world for 2022, according…
Africa Finance Corp. secures new funders from South Korea, Dubai
Africa Finance Corp., which focuses on infrastructure across the continent, raised $400 million in a syndicated loan to bolster its…
Ex-Mondial COO joins Globaleye
Globaleye has announce the appointment of Byron Murphy as Managing Director (Global). Byron has worked in international financial services…
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…