ENBD marks listing of $750m bond at Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD (ENBD), rang the market-opening bell at Nasdaq Dubai…
Hedge Funds & Alternative Investments
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Egypt’s holdings of US Treasuries hit $2.244bln in November 2020
Egypt’s holding of US Treasuries rose to $2.244 billion in November 2020, hitting its highest level in two years, compared…
Why global restructuring firms are embarking on Gulf hiring spree
The world’s biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as…
Ominvest's net profit rises to OMR33.7 million
Oman International Development and Investment Company SAOG , one of the oldest and the largest investment company in the Sultanate,…
Tax authorities should engage with businesses and their supply chains
In 2017, the Gulf Cooperation Council countries agreed and announced the first-ever Value Added Tax (VAT) framework to allow member…
Abu Dhabi, Aldar Properties to develop capital projects worth $12.25bln
The Abu Dhabi Executive Council has approved a framework between Abu Dhabi Government and Aldar Properties for the development of…
Bahrain expected to raise $2 billion in three-tranche bond sale
Bahrain is expected to raise $2 billion in a three-tranche bond sale on Wednesday, a document showed, as it seeks…
Qatar banks’ assets rose by 3.7% in first nine months of 2020: PwC
The aggregated total assets of Qatar’s eight listed commercial banks on the Qatar Stock Exchange grew by 3.7 percent to…
Masdar, Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT
Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset…
Indonesia campaign helps SMEs enter Saudi market
Indonesia has launched a campaign to help small firms in the country compete for millions of dollars-worth of food trade…
Axis Communications appoints new Regional Director for Middle East and Africa region
Axis enables a smarter and safer world by developing network solutions that provide insights into improving security and new ways…
QFC posts 63.7% jump in number of new firms in 2020
The Qatar Financial Centre has witnessed a "significant" 63.7% year-on-year increase in the number of new firms licensed on its…