Du secures $1bln financing deal with a group of banks
Emirates Integrated Telecommunications Company PJSC (Du) has confirmed long-term financing of more than $1 billion to use for general corporate…
Hedge Funds & Alternative Investments
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Abu Dhabi’s TAQA completes $1.5bn dual-tranche bond sale
Integrated utilities company, the Abu Dhabi National Energy Company (TAQA), announced on Sunday the successful placement of an aggregate $1.5bn…
Changes to the Board of Directors of BLME Holdings plc
BLME Holdings has announced today that having reached nine years’ service on the board of Bank of London and The…
Misr Capital, Elevate launch $380mln healthcare investment platform
Misr Capital Investments, the investment arm of Banque Misr, and Elevate Private Equity, the strategic manager of Nile Scans and…
Barker Langham installs Dubai-based Kate Matar as CEO
Australian-origin Kate Matar has been based in the Middle East for the past thirteen years, working across a range of…
Moody’s affirms ratings of Masraf Al Rayan
Moody’s Investors Service (Moody’s) yesterday affirmed the long-term and short-term issuer ratings of Masraf Al Rayan (Masraf) at A1/P-1. At…
Firms not complied to the UAE anti money laundering regulations to be penalised from May 1
The UAE Ministry of Economy announced the end of the extended grace period that it granted to Designated Non-Financial Businesses…
HSBC to Standard Chartered predict demise of business travel for bankers
Jetting off at a moment's notice to visit clients was second nature for many investment bankers before the pandemic struck.…
Saudi Tadawul group appoints financial advisors for its upcoming IPO
Saudi Tadawul Group announces that it has appointed NCB Capital, JP Morgan, and Citigroup as Financial Advisors and Global Coordinators…
Etisalat stock dips as investor take out profits ahead of first quarter results
Dubai and Abu Dhabi stocks traded in the red as the selloff continued of banking stocks despite fairly upbeat first…
The National Bank announces appointment of new CEO
The board of directors of The National Bank’s have given their unanimous approval to elect Mr. Salameh Khalil as the…
UAE Government to enforce anti-money laundering rules with AED5m fines
The UAE's Ministry of Economy has initiated inspection campaigns to ensure firms under its scrutiny comply with the registration procedures…