Saudi Stock Exchange to Stimulate Sustainability for Family Businesses
The Capital Market Authority of Saudi Arabia and Tadawul are mobilizing to increase the momentum of stimulating the Saudi private…
Hedge Funds & Alternative Investments
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UAE's Dana Gas appoints financial adviser for Islamic bonds
United Arab Emirates' Dana Gas said on Sunday it has appointed a financial adviser in relation to its dollar-denominated Islamic…
What’s next for venture capital in the Middle East?
A resource crunch and the expansion of new economic sectors in the wake of the COVID-19 pandemic could considerably impact…
Emirates NBD completes customer migration to Smart Pass
Emirates NBD among first in the region to implement global best practice Emirates NBD has completed successful migration of its…
European Bank for Reconstruction and Development triples investments in Egypt
The European Bank for Reconstruction and Development (EBRD) invested a total of EUR 459 million (EGP 8.554 billion) in Egypt…
UAE developer offers a way out for offplan buyers in distressed projects
A property company has stepped up with offers for buyers holding units in delayed or cancelled offplan projects in the…
Abu Dhabi's NMC Health seeks another $250m in bank funds
Abu Dhabi-based NMC Health’s immediate future now hinges on whether it can raise a further $250 million in debt. …
Qatar among top 10 emerging market sovereign issuers in H1: Moody's
In the first half of the year, Qatar sovereign issuances totalled $10bn; Qatar is currently rated ‘Aa3 stable’ by Moody’s…
Mideast sovereign investors hunt for bargains in Europe
Middle East sovereign investors have piled into European companies in the wake of the coronavirus disease (COVID-19) pandemic, according to…
S&P: Firms to delay investments
Gulf companies exposed to the the coronavirus disease (COVID-19) and weak oil prices may delay investments and keep costs down,…
Ooredoo Kuwait reports revenue of KWD 294 million for the first half of 2020
National Mobile Telecommunications Company K.S.C.P “Ooredoo” has announced its financial results for the half year ended 30 June 2020: Revenues…
Kerzner International announces new strategic leadership
Kerzner International Holdings Limited has announced a restructure of its strategic leadership team. Michael Wale, who has held the…