Citrix appoints new country manager for Saudi Arabia
Citrix Systems has announced the appointment of Mohammed Kiki as Country Manager in the Kingdom of Saudi Arabia (KSA). …
Hedge Funds & Alternative Investments
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Abu Dhabi wealth fund ADQ said to pursue Bausch’s Egypt unit
Abu Dhabi sovereign wealth fund ADQ is exploring a potential acquisition of Bausch Health Cos.’s Egyptian drug unit, people with…
Picking over the Laggards by Gary Dugan
Markets have a positive bias but global economic growth has lost momentum Markets still reluctant to fully discount an emphatic…
30% of UAE companies plan to cut workforce, 10% reduce salaries: Survey
The direct impact of Covid-19 on the compensation and benefits landscape is less drastic than initially feared. Even though 10…
Arab National Bank hires banks for dollar sukuk, document shows
Saudi Arabian lender Arab National Bank has hired banks to arrange a potential issuance of U.S. dollar-denominated sukuk, or Islamic…
Dubai wealth fund readies bonds, COVID-19 may hit revenue
Investment Corporation of Dubai (ICD), the Dubai government's main investment arm, is planning an issue of U.S. dollar-denominated bonds amid…
MENA debt issuance reached $92.4bln in the first nine months of 2020
MENA debt issuance reached $92.4 billion during the first nine months of 2020, up 8 percent from the value recorded…
ADGM and Companies House Gibraltar partner to bolster respective registration functions
Abu Dhabi Global Market (ADGM), the leading international financial centre in the MENA region, has entered into a Statement of…
Wealthier with ESG: Factor investors, ETFs in Middle East join investment boom
More investors in the Middle East and around the world are increasingly looking to increase gains by putting their money…
EBRD extends funds to Turkey’s Alternatif Bank
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 25 million (€22.5 million)…
Consortium of UAE investors comes to Jet Airways’ rescue
A consortium comprising a UAE-based entrepreneur and Kalrock Capital was given the final go-ahead to rescue the grounded airline Jet…
Why Gulf investment in US property will rise again after coronavirus crisis
Gulf Arab and Middle Eastern investment in US real estate will continue to be steady in the medium and long-term…