UAE private sector activity gains in December, but job losses are spiking again
While the UAE's private sector is starting to see improved business activity, job losses are once again picking up and…
Hedge Funds & Alternative Investments
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Investcorp's portfolio company Impero acquires Danish Netop
Bahrain-based alternative investments manager Investcorp’s portfolio company Impero has acquired Netop from Denmark’s Consolidated Holdings A/S. While Impero provides…
Qatar's biggest bank expects Gulf detente to boost companies, lenders
Qatari companies including banks are forecast to get a boost from a deal to end a more than three-year row…
Pankaj Savara leaves after 25 years of building bridges between UAE, Gulf and Australia
Pankaj Savara, a leading International Trade and Investment specialist in the region and Commissioner for the Government of Western Australia…
Dubai and UAE Economy Expected to Grow 4% in 2021, Supported by Financial Services and Nascent Fintech Sector
Dubai‘s economy is projected to grow by 4% this year, driven by the government’s (fairly) effective response to the COVID-19…
Virgin Mobile signs up with Saudi bank to launch mobile-based financial services
Virgin Mobile's Saudi operations has signed up as a 'strategic agent' with The Saudi Investment Bank (SAIB), which will enable…
UAE’s leading brokerage firm rebrands to International Securities
The UAE’s leading brokerage firm by trading value has rebranded from Shuaa Securities to International Securities, following its acquisition by…
Dubai's Emirates NBD hires banks for bond deal – document
Dubai's largest bank, Emirates NBD, has mandated banks to arrange an investor call ahead of a planned issuance of U.S.…
Dubai's Shuaa Capital invests in music streaming service Anghami
Shuaa Capital announced on Tuesday its investment in the MENA region’s first music streaming platform as part of its increased…
GCC Equity Markets Recover in Q4 Amid COVID Challenges
GCC equity markets underperformed their global peers and witnessed mixed performances across individual stock exchanges in the region for the…
Sayyid Badr meets chairman of EXIM Bank, reviews ties
Sayyid Badr Hamad Al Busaidi, Foreign Minister yesterday received Kimberly Reed, President and Chairman of Export-Import (EXIM) Bank of the…
Arab Investment Bank selects Temenos
Temenos has announced that Arab Investment Bank has selected Temenos to power its digital customer experience. Arab Investment Bank…