Damac's 9-month revenue at Dh2.8 billion
Damac Properties on Wednesday reported a net profit of Dh133 million on a total revenue of Dh 2.8 billion, with…
Hedge Funds & Alternative Investments
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Egypt starts marketing triple-tranche dollar bonds
Egypt started marketing a triple-tranche issuance of U.S. dollar denominated bonds on Wednesday, a document from one of the banks…
Beit Al Khair Society spends AED 53 million on ‘Aman Programme’
The Bait Al Khair Society donated AED 53.3 million to the "Aman Programme" from the start of the year to…
Breakthrough seen in ending Gulf spat with Qatar
Signs are growing of a breakthrough in resolving a two-year row involving Qatar and a Saudi-led bloc, Kuwaiti newspaper Al…
Banks gear up for Aramco’s digital IPO
Aramco yesterday issued guidelines on the private tranche of the IPO, which said: “Individual investors who have recently participated in…
Islamic Development Bank to raise $500m via debut green sukuk
The Islamic Development Bank is planning to launch its first green sukuk this month, having finalised a Sustainable Finance Framework…
How can MENA businesses raise funds to accelerate sustainable growth
Businesses in the Middle East and North Africa have different options to fund their sustainable growth, speakers at the Sharjah…
Lebanon is open for business, says new IDAL chairman Mazen Souied
The newly appointed chairman of the Investment Development Authority Lebanon has declared the troubled country open for business. Dr…
Laws ‘needed to attract investments’ in the Arab region
Financial experts are of the view that many global investors are choosing to invest in Europe, the US and emerging…
Vistra Completes Rebrand of London Legalisation Services
London Legalisation Services, a London-based provider of legalisation and consular services, has been officially rebranded as Vistra. Derek Kemp,…
Total ‘population’ of Kuwait as of July ’19 reaches 4.82 million
The total population of Kuwait as of July 2019 reached 4.82 million – 3.40 million expatriates and 1.42 million Kuwaiti…
UAE's Finablr posts 9% increase in 9-month adjusted income
Finablr, the UAE payments and foreign exchange holding company, posted a 9 per cent increase in adjusted income for nine…