UAE's Aldar Properties Q1 profit drops, plans $749mln capex in 2019
Aldar Properties, the largest property developer in Abu Dhabi, plans capital expenditure of 2.75 billion dirhams ($749 million) in 2019,…
Hedge Funds & Alternative Investments
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Ellington Management signs head of business development for Europe, Middle East
Jonas Frantz joined hedge fund manager Ellington Management Group as managing director and head of business development — Europe and…
DLA Piper appoints new Head of Corporate for the Middle East strengthening M&A capability
DLA Piper has appointed Will Seivewright as a partner and Head of Corporate for the Middle East. Will joins…
Oman’s Ithraa shaping a new investment & export future
Targeting priority international markets and sectors, Ithraa has been at the heart of driving Oman’s inward investment and international trade…
Arcapita appoints scholar to its Shari'ah Supervisory Board
Arcapita has appointed prominent academic and industry professional Sheikh Dr. Yousuf Abdullah Al Shubaily as a member of its Shari’ah…
Alvarez & Marsal appoints Head Healthcare Practice in the Middle East
Alvarez & Marsal (A&M) further expands its Middle East senior advisory team with the appointment of Ray Berry as Director…
Oman establishes credit rating agency
A new Royal Decree will see Oman establish an independent authority, Oman Credit bureau, which will be responsible for rating…
UAE's Amanat says Q1 net profit rises by 43%
Amanat Holdings, the GCC’s largest healthcare and education investment company, has announced a first quarter net profit of AED20.7 million,…
Green bonds rose 40 per cent in the first quarter backed by corporate issuance
Green bond issuance rose 40 per cent to $47.2 billion globally in the first quarter of 2019 backed by strong…
Dubai's Nimai Capital's Dh550.5m fund to invest in Asia, Africa
Investment banking advisory firm Nimai Capital has launched $150 million (Dh550.5 million) fund in partnership with Kenya's Victoria Commercial bank…
Emirates chief commercial officer resigns after airline's profit dives
Emirates Chief Commercial Officer Thierry Antinori has resigned, a spokeswoman said on Sunday, days after the Gulf airline announced its…
Bahrain Is Set to Receive $2.3 Billion From Allies in 2019
Bahrain said it will receive about $2.3 billion this year from a five-year support package provided by its Gulf Arab…