EBRD shareholders approve membership of UAE
EBRD shareholders agree to UAE becoming a member of the Bank Request for membership made in 2020 Membership will open…
Hedge Funds & Alternative Investments
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Saudi fintech startup secures $1.2m seed funding
A Saudi financial technology company has raised $1.2 million in seed funding. Hakbah’s success comes six months after the…
Saudi Arabia raises $5.5bln via dual-tranche bonds
Saudi Arabia launched $5.5 billion in a dual-tranche bond sale on Tuesday with tenors of 12 and 40 years, a…
Egypt inflation hits 15-year low
Egypt’s inflation rate of 5 percent in 2020 was its lowest for 15 years, according to a Cabinet report, which…
Riyadh investment forum sends ‘message of optimism’ with global linkup
Olympic medalists, political leaders, Nobel laureates and global CEOs are among speakers due to take part in the fourth edition…
Egypt using development finance to boost private sector: minister
Egypt will push development financing as a way to expand private sector engagement, leveraging support obtained during the coronavirus pandemic,…
Predictions and trends impacting finance and banking in 2021
COVID-19 has certainly helped catalyze a move towards digitization. Banking and finance stand to reap benefits in 2021 The UAE…
CBO issues treasury bills worth OMR76 million
Oman’s central bank raised OMR76 million by way of allotting treasury bills on Tuesday. The treasury bills are for…
Saudi Arabia returns to dollar-debt market to boost finances
Saudi Arabia sold a two-part dollar bond as countries in the Gulf Arab region raise cash buffers to weather low…
Central Bank of UAE begins procedures to execute Insurance Authority merger
The Central Bank of the UAE (CBUAE) announced the commencement of operational procedures aimed at assuming the supervisory and regulatory…
Middle East's top engineering and construction consulting firms
The Middle East Consultant Awards celebrates the crème de la crème in the region’s engineering and construction consulting industry. Meet…
Doha ranked second safest city in world
The State of Qatar has again retained its global distinction in safety as Doha, the capital of Qatar, has been…