COVID-19 impact: More financial sector mergers likely in Saudi Arabia, GCC
The offer from National Commercial Bank (NCB), Saudi Arabia’s largest lender by assets to acquire rival Samba Financial Group is…
Hedge Funds & Alternative Investments
12532 articles found
Qatar’s diversified supply chain proven effective during pandemic, says Al Sayed
The economic impact of the COVID-19 pandemic has added a new stress to the global supply chain system which was…
Saudi wealth fund rethinks plan to change $10bn loan terms
Saudi Arabia's Public Investment Fund has suspended plans to change some of the terms of a $10bn loan it raised…
Saudi investors get chance to buy Amlak International shares
Amlak International shares went on sale to the Saudi public on Thursday in what is the Kingdom’s first initial public…
Abu Dhabi's KBBO to come up with restructuring plan after taking a hit with NMC exposure
Abu Dhabi based investment group, KBBO, has appointed advisors to come up with a restructuring plan for its liabilities and…
UAE among most active countries in Middle East in providing economic incentives
The Ministry of Economy has said that the UAE is among the most active countries in the Middle East and…
Greenberg Traurig advised joint venture in complex multinational closing
Greenberg Traurig, LLP has represented a joint venture between Round Hill Capital and a Middle-Eastern sovereign wealth fund in the…
Former Barclays CEO John Varley grilled on negotiations with Qatar in High Court
Private equity financier Amanda Staveley’s lawyers grilled former Barclays chief executive John Varley over his discussions with Qatari investors about…
Dubai homeowner businesses need to provide bank guarantees
Property management companies acting on behalf of homeowners associations in Dubai may need to put up bank guarantees for each…
Saudi Arabia facilitates corporate money transfer abroad
Saudi Arabia’s Ministry of Commerce has addressed the problems facing companies and institutions in financial transfers outside the Kingdom, in…
Big Bank Merger Points to Trouble at Heart of Saudi Economy
When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a…
Dubai Startup Hub Market Access programme’s second cohort attracts 44 start-ups
Dubai Startup Hub has announced the successful conclusion of the Market Access programme’s second cohort, which saw several high-potential start-ups…