Saudi Arabia ranks 7th globally in IPO proceeds, leads GCC region
Saudi Arabia led the Gulf Cooperation Council’s initial public offerings market in 2024, earning a global ranking of seventh in…
Hedge Funds & Alternative Investments
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Kuwait Finance House issues $1bln 5-year Sukuk
Kuwait Finance House announced the successful issuance of a 5-year Senior Unsecured Sukuk of US$1 bn. The Sukuk will be…
QNB announces winners of National Day loans campaign
QNB has announced the winners of its recent National Day Promotion Campaign, where 18 winners received 18,000 Life Rewards points…
QSE index holds support levels ahead of annual corporate results
The Qatar Stock Exchange concluded the final session of the current week with a marginal loss of 0.14 percent, dropping…
PIF pumps $200mln into first globally listed Saudi ETF
The Public Investment Fund is pumping $200 million into the first internationally listed exchange traded fund that is focused on…
Jordan attracts $1.3b worth of foreign direct investments by September 2024 – CBJ
Foreign Direct Investment inflows to the Kingdom increased during the third quarter of 2024, reaching $457.8 million, a 3.7 per…
Oman's Ominvest secures $500mln facility from GIB, ABK and Gulf Bank
Omani investment company Ominvest has secured a $500 million facility by Gulf International Bank, ABK and Gulf Bank, it said…
Burj Khalifa Hits AED 467.1 Million in Sales for 2024: A Beacon of Dubai's Real Estate Brilliance
The Burj Khalifa, an enduring symbol of Dubai’s innovation and ambition, remains a powerhouse in the luxury property market. In…
AM Best confirms Dubai National Insurance’s strong credit rating of A- (Excellent) with stable outlook
Dubai National Insurance (DNI), one of the leading insurance companies in UAE, has received a stable outlook for its Financial…
Saudi listed firms see growth in 2024 with ACWA Power and Al Rajhi as top performers
Saudi Arabia’s listed companies witnessed significant growth in 2024, with ACWA Power and Al Rajhi Bank emerging as the top…
Nawy initiates the acquisition of ROA to launch ‘Nawy Unlocked’
In a strategic move to expand its offerings and to continue reshaping the Egyptian real estate market, Nawy, Africa’s largest…
Misr Insurance, Al Ain Ahlia partner to drive digital transformation, knowledge sharing in sector
In a significant move towards digital transformation in the insurance industry, Misr Insurance and Al Ain Ahlia Insurance Company of…