Morgan Stanley hires Bank of America’s top European equity banker Losada
Bank of America's top equity dealmaker in London is set to join Morgan Stanley amid a surge in revenues in…
Hedge Funds & Alternative Investments
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Newcastle owner Mike Ashley banks £17m from takeover saga despite Saudi’s proposed £300m deal collapsing
Mike Ashley is set to pocket £17m despite the £300million Saudi Arabian takeover of Newcastle United falling through. The…
Covid-19 tops UAE investor concerns
Wealthy investors in the UAE are displaying a rising optimism about the region’s economic outlook, but their chief concern remains…
Saudi firms struggle to maintain investor relations
The Covid-19 crisis is roiling the world’s financial markets. Some investors are turning bearish, sceptical about the chances of a…
DGCX appoints Abdullah Harmoozi as Head of Outreach & Engagement
The Dubai Gold and Commodities Exchange has appointed, Abdullah Harmoozi, as Head of Outreach & Engagement. In his new role,…
Metlife Gulf releases its 2020 Claims report
MetLife Gulf recently released its latest claims report, underlining its continued support for its customers through its enhanced claims program,…
MENA fund managers to increase Saudi investments with eye to recovery
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, according to a Reuters poll,…
The National Bank acquires the Palestine branch of the Jordan Commercial Bank
The Ramallah-based National Bank has announced the completion of the acquisition of the assets and obligations of the Palestine branch…
Aramco CEO honored with Kavaler Award
Amin Nasser, the president and CEO of Saudi Aramco, is to receive the prestigious Kavaler Award for his work in…
Allfunds strengthens its social commitment and joins the United Nations Global Compact
It is a further step in consolidating the responsible approach of Allfunds through economic, social and environmental performance. The…
Saudi Arabia Posts $38.1B Budget Deficit In H1 2020
TOPLINE Saudi Arabia posted a deficit of $38.1 billion in the first half of 2020 as low oil prices…
Dubai Economy and Emirates NBD go live with UAE KYC Blockchain Platform
Dubai Economy and Emirates NBD announced the go-live of the UAE KYC (Know-Your-Customer) Blockchain Platform, an initiative which facilitates secure…