Saudi Investment Bank adopts Cisco SDN Architecture
Tech giant Cisco has announced that the Saudi Investment Bank (SAIB) has become the first financial institution in the Kingdom…
Hedge Funds & Alternative Investments
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Global sukuk issuance hits record $100bln in H1 2021- Refinitiv
Sukuk issuance gained momentum in the first half of 2021 as total issuance reached $100 billion compared to $88.7 billion…
Syria's Assad says funds frozen in Lebanese banks biggest impediment to investment
Syrian President Bashar al-Assad said on Saturday the main impediment to investment in the country was money stuck in ailing…
Dubai-based HKA principal Nicola Caley relocates back to UK
Dubai-based HKA principal Nicola Caley has relocated back to the UK, becoming part of the firm’s claims team in London. …
McLaren raises £550m and adds Saudi Arabian wealth fund as investor
McLaren has raised £550m in a deal that makes Saudi Arabia’s Public Investment Fund a minority shareholder in the supercar…
Dubai regulator fines former Abraaj finance chief $1.7 million
A Dubai regulator has fined the former chief financial officer of collapsed Dubai-based private equity company Abraaj Group and banned…
Fitch revises Saudi Arabia's outlook to stable
Global ratings agency Fitch on Thursday revised Saudi Arabia's Outlook to stable from negative, citing significantly higher oil prices and…
Bain promotes Mario Mateiro and Serge Eid to partner
Bain & Company has announced the intake of over fifty new partners worldwide, including a duo based in the Middle…
Clifford Chance advises as Banks’ counsel on Yahsat’s landmark IPO and listing on the ADX
This is the first IPO listed in the UAE since 2017, and the first ever IPO of a Mubadala subsidiary,…
Allianz Life Assurance – Egypt Appoints Board of Directors
Allianz Egypt has announced the appointing of Dr. Sahar Nasr to the board of directors of Allianz Life Assurance Company…
Kearney promotes Naman Sharma to partner in Middle East
Global strategic operations consultancy Kearney has promoted Dubai-based Naman Sharma to partner. Naman Sharma’s promotion is part of a…
National Bank of Fujairah, APICORP extend $34m for TotalEnergies' 50MW renewable energy project in Dubai
The National Bank of Fujairah and the Arab Petroleum Investments Corp. have extended $34 million to the French energy giant…