King Abdullah Economic City signs a financing agreement with SABB
King Abdullah Economic City has announced the signing of a cooperation agreement with the Saudi British Bank (SABB), which aims…
Hedge Funds & Alternative Investments
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Latest bid to resolve Arab-Qatari relationship crisis ends in failure: Egypt
Renewed attempts by Kuwait on behalf of Saudi Arabia, the UAE, Bahrain, and Egypt at reconciliation with Qatar have failed…
EBRD liquidity support for Jordan District Energy
EBRD emergency liquidity of JOD 1.5 million to Jordan District Energy Facility to cover daily expenses and liquidity of private…
Finverity teams up with Abu Dhabi Global Market
● SMEs account for only 5% of total bank lending in the UAE ● SMEs key to the growth…
Signs of cracks for Dubai’s property sector in 2020, before a 2021 reprieve
The tell-tell signs of stress are present in Dubai’s building and construction sector affecting property sales and inflating material prices,…
Turkey's Isbank prepares to issue $5 bln of debt to foreign investors
Turkey's Isbank said its board of directors decided to start the process for the issuance of debt securities in the…
Construction begins on Kuwait’s Boubyan Bank HQ
Construction activities have started on Kuwait’s next “landmark development” - the Boubyan Bank headquarters, which was celebrated during a grounding…
Bahrain chosen to launch global OECD Pensions Report for MENA region
The Organisation for Economic Co-operation and Development will be launching its seminal OECD Pensions Outlook Report 2020 in the MENA…
Mezzan Holding KSC appoints Nabil Ben Ayed as Group CFO
Mezzan Holding KSC’s has announced the appointment of Nabil Ben Ayed as Group CFO, effective December 17. Ben Ayed…
COVID-19 sees 36,447 new online stores launched in Saudi Arabia
The number of electronic or online stores in Saudi Arabia has increased 171 percent compared to last year as consumers…
Saudi Arabia tops list for imports from Ras Al-Khaimah
Saudi Arabia is the top export trading partner for businesses in the UAE emirate of Ras Al-Khaimah, according to figures…
5 new Arab SMEs raise funds and 3 Arab startups to watch
Arab startups are more and more successful at raising funds for their business innovations and last November leading into December…