Abu Dhabi's Chimera invests $100mln in Gemini Global Development Egypt
Egyptian businessman CEO and Chairman of Ora Developers, Naguib Sawiris has announced the signing of an investment deal with Abu…
Hedge Funds & Alternative Investments
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Israeli firm to sell HSBC Tower in New York for $855mln
Israel's Property and Building Corp PTBL.TA said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan…
GFH Financial Group acquires $200mln medical offices in US
GFH Financial Group has purchased a portfolio of medical offices in the US in exchange for around $200 million, as…
Markaz appointed Market Maker for two companies
Reinforcing its reputation as a trusted institution in the bourse, Kuwait Financial Centre ‘Markaz’ has been appointed as a Market…
Saudi banks' investments in gov’t bonds exceed $126bln in October
The banks operating in Saudi Arabia have invested SAR 474.39 billion in government-issued bonds in October 2021, up 9.9% year-on-year…
Egypt to issue $604m of treasury bonds
The Central Bank of Egypt will issue 9.5 billion Egyptian pounds ($604.3 million) in treasury bonds on Monday to finance…
Saudi British Bank Unveils Trade Finance Tool
Saudi British Bank (SABB) has unveiled a Shariah-complaint supply chain finance tool, billed as the first of its kind in…
Qatari group Masraf Al Rayan gets new chairman
Masraf Al Rayan, a leading Qatari group involved in banking, financing and investing activities, has appointed Sheikh Mohammed bin Hamad…
Raseed closes $1.1 million investment round led by Impact46
UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel…
Israel's Bank Leumi raises $721 mln in bond issue
Bank Leumi (LUMI.TA), one of Israel's two largest lenders, said on Sunday it raised 2.3 billion shekels ($721 million) in…
Dubai faces up to rivals as it plans stock exchange revival with IPO offerings
Competition is heating up in the capital markets of the United Arab Emirates, as Dubai seeks to revive its ailing…
KPMG in Kuwait establishes the China Business Desk to support Chinese investors
In the spirit of enabling Chinese investors to do ‘business better’ in Kuwait, KPMG in Kuwait announced the launch of…