Saudi Arabia’s Raqamyah raises $2.3m in funding
Riyadh-based peer-to-peer lending platform Raqamyah has raised $2.3 million from its latest funding drive, with investors including Impact46, Vision Ventures,…
Hedge Funds & Alternative Investments
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U.A.E.’s Residential Market Shows More Signs of Recovery
More signs point to a rebound in the United Arab Emirates real estate market, following a major disruption to home…
Emirates NBD and MetLife form strategic partnership
Emirates NBD and MetLife have announced a strategic partnership to provide insurance products and solutions to the bank's extensive wealth,…
Abu Dhabi's ADQ lines up banks for $1 bln Louis Dreyfus acquisition loan – sources
Abu Dhabi's state-owned ADQ haslined up a small group of banks for a loan of about $1 billionto back its…
JustUs to open digital gateway for Middle East investors
Moneybrain – the sister company of peer-to-peer lender JustUs – is set to open a new digital gateway that will…
Signing of an Agency Agreement between Islamic Corporation for the Development of the Private Sector and Islamic Development Bank
H. E. Dr Bandar Hajjar, the President of the Islamic Development Bank Group and Mr. Ayman Amin Sejiny, the CEO…
Family businesses risk missing the mark on ESG – PwC Family business survey
In a year where business has had to transform the way it meets the needs of society and the environment,…
Africa Finance Corporation hires Blackstone's Zarou CEO, as CIO
Africa Finance Corporation has announced the appointment of Sameh Shenouda as its new Executive Director and Chief Investment Officer. …
Global firms without headquarters in Saudi 'will have to make a choice' to land government contracts in 2024: finmin
International companies that want to participate in the Saudi government's investment opportunities "will have to make a choice" and establish…
As Lebanon's banks struggle to raise capital, a deadline looms
Paralysed by financial crisis and riven with political risk, a number of Lebanon's banks are struggling to meet a central…
CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021
The Cairo for Investment and Real Estate Development company has revealed that it is currently studying two to three acquisition…
Oman’s inflation drops 1.57 per cent in January
The inflation rate in the Sultanate fell by 1.57 per cent in January 2021 compared to the same month of…