Wiz Holding closes $2mn seed round
Wiz holding has announced that it closed a seed round from international investors from the USA, Canada and KSA who…
Hedge Funds & Alternative Investments
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Preqin opens new office in Dubai
Preqin has announce that it has established a new permanent office in Dubai, United Arab Emirates. This location marks…
Lebanese banks turning to France to outflank government rescue plan
Lebanon’s banks are trying to outmanoeuvre the government before the new premier forms a cabinet, throwing prospects for a bailout…
Gulf loan market subdued but government-related entity deals surge – ADIB
Overall loan activity in the Gulf is about 20% to 25% lower than a year ago, but deals by government-related…
Abu Dhabi investment office to open Tel Aviv site, its 1st outsie the UAE
The state-run Abu Dhabi Investment Office (ADIO) is set to open its first office outside the United Arab Emirates in…
Bahrain banks' asset quality to dwindle but remain contained for now: S&P
Property prices in Bahrain will fall at an accelerated pace while banks will face pressure on profits towards the end…
Dubai may be as indebted as South Africa if dissenters are right
Determining how much debt Dubai's government has amassed depends on who's counting. What is less in dispute is that the…
Abu Dhabi Islamic Bank signs MoU with Israel’s Bank Leumi
Abu Dhabi Islamic Bank has signed a memorandum of understanding with Bank Leumi, one of Israel’s largest banks. ADIB…
Forbes Identifies the Best Businesses in the Arab World
2020 is not looking like a good year for most businesses. Covid-19 is affecting every stock market around the world…
Gulf Air appoints Bahraini Country Manager in Kuwait
Gulf Air has announced that it has appointed Mr. Mohamed Ibrahim Al Hamer as a Country Manager for its Kuwait…
Abu Dhabi's sovereign fund ADIA discloses 5.05% stake in Cheniere Energy
Abu Dhabi Investment Authority, United Arab Emirates' biggest sovereign wealth fund, has disclosed a 5.05% stake in U.S. liquefied natural…
Investor appetite in Middle East’s FinTech sector remains strong
An increasingly vibrant hub for tech startups, the Middle East is drawing significant early stage investments in the FinTech space,…