M&A activity in insurance sector set to soar in 2021
Mergers and acquisitions activity will surge in the insurance sector in first half of 2021, given the volume of deals…
Hedge Funds & Alternative Investments
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National Bank of Kuwait sells $700 million AT1 bonds -document
The National Bank of Kuwait launched $700 million Additional Tier 1 bonds on Thursday at 3.625%, a document showed. …
Barclays expects High Court judgment on Amanda Staveley case imminently
Barclays PLC said the High Court has indicated that a judgment regarding the Amanda Staveley case is imminent. Staveley…
Sovereign, pension funds double down on private debt amid pandemic
Sovereign wealth and public pension funds are bolstering their funding of private debt, with close to $9 billion committed since…
Turkey moving to become a major player in Africa
When, in 2005, he first set foot on African soil, on a tour of Ethiopia, South Africa, Morocco and Tunisia,…
Stalled UAE tourism won't impact long-term hospitality investments
Expo or not, meaningful tourism in the UAE is unlikely to return until the back half of next year, a…
GIS reports QR3bn revenue in 2020
Gulf International Services, one of the largest diversified service groups in Qatar with interests in oil and gas drilling, insurance,…
54% rise in companies setting up in Saudi Arabia in 2020, despite pandemic
Scores of international companies were lining up to enter the Saudi market despite the ongoing global economic fallout from the…
Fintech startup Personetics lands $75M to make banking more personal
Personetics, an Israeli startup developing personalization and customer engagement solutions for banks and financial services, secured $75 million in growth…
Saudi defense firms set for IDEX 2021
Saudi Arabian companies are preparing to participate in the International Defence Exhibition (IDEX 2021) in Abu Dhabi next week. …
Invesco looks at opportunities in Africa
Africa will be the investment story of the 21st century, says Invesco Invesco has announces the appointment of Gwendolyn Ansah…
Investcorp appoints Head of Gulf Institutions Relationships
Investcorp has announced that Loai Alarayedh will lead its Institutional Gulf business as Head of Gulf Institutions Relationships. Loai…