Saudi's Walaa secures $5mln insurance deal with STC
Saudi Arabia's Walaa Cooperative Insurance Co. on Wednesday signed an insurance policy with Saudi Telecom Company (STC) with a total…
Hedge Funds & Alternative Investments
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Dubai Investments makes open offer for Dubai insurer NGI's outstanding shares
Dubai Investments has placed an open offer to buy “all or part” of shares held by others in the Dubai…
UAE's economic recovery to strengthen in 2022, CBUAE says
The UAE's economic recovery is expected to strengthen further in 2022 and the country's banking system has the capacity to…
Abu Dhabi's ADQ establishes office in Cairo
Abu Dhabi-based holding company ADQ will establish an office in Cairo to continue its investment in Egypt’s economic growth, the…
Abu Dhabi’s IHC agrees merger of Al Tamouh Investments and Al Qudra Holding
International Holding Company, one of Abu Dhabi’s largest conglomerates, has formally agreed the merger of its subsidiary Al Tamouh Investments…
Arab Monetary Fund signs MoU with mastercard
The Arab Monetary Fund (AMF) and Mastercard, announced today the signing of a Memorandum of Understanding (MoU). Under the…
EFG Hermes successfully closes the third issuance for Hermes securities brokerage
EFG Hermes has announced that it has successfully concluded the issuance of a senior unsecured short-term note for the Hermes…
Capital gains of Dubai villas 'slowing' to sustainable levels: ValuStrat
Villa prices in Dubai have reached pre-pandemic levels and are inching towards their 2014 peak, but capital gains are slowing…
Gulf Capital sees an 83% surge in the profitability of its private equity portfolio
Firm Continues Expansion Across Asia with New Office in Singapore Gulf Capital has announced record profitability results for its private…
Abu Dhabi's IHC approves merger of Al Tamouh and Al Qudra Holding
International Holding Co. or IHC, an Abu Dhabi–based conglomerate, has approved the merger of its subsidiary, Al Tamouh Investments with…
GFH Financial, Wafra buy portfolio of logistics assets in US
GFH Financial Group has teamed up with Kuwait’s Wafra International Investment Co. to acquire a portfolio of logistics assets in…
Kuwait's KIPCO names new group CEO as vice chairman retires
Kuwait Projects Company Holding (KIPCO) announced on Sunday the appointment of Sheikha Dana Nasser Sabah Al Ahmad Al Sabah as…