Perella Weinberg Bankers Break to Form New Boutique in Gulf
Perella Weinberg Partners LP’s Middle East team of bankers left to start its own advisory firm in Dubai to get…
Hedge Funds & Alternative Investments
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The Future is Looking Brighter for the UAE
Business confidence in the UAE is returning after the initial impact of Covid-19, and so too are foreign firms establishing…
Head of Saudi wealth fund 'worried' by increasing power of large tech firms
The head of Saudi Arabia’s sovereign wealth fund, Yasir Al-Rumayyan has revealed his concerns over the growing power of large…
Tech Mahindra to expand in Gulf; localisation focus
The Middle East is at the cusp of digital transformation and the region is very critical to the growth of…
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…
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…