Saudi Tourism Development Fund inks MSME finance deals
The Saudi Tourism Development Fund, the national enabler of the tourism sector, has signed eight financing agreements with partners under…
Hedge Funds & Alternative Investments
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MetLife Egypt celebrates a decade of success in bancassurance
Taher: Bancassurance premiums reached nearly EGP 1.5 billion in the past fiscal year MetLife Egypt celebrated 10 years of…
Aramex delivers strong Q3 results
Solid Revenue Growth: Revenue in Q3 2024 grew by 18% year-on-year (YoY) to AED 1.59 billion, while revenue for the…
Amlak Q3 net profit plummets over five-fold to $14.4mln
Amlak Finance’s third-quarter (Q3) net profit plummeted over five-fold to AED53 million ($14.4 million) as compared to a Q3 2023…
Bahrain's Arcapita and Khaleeji Bank sign $50mln financing facility deal
Arcapita Group Holdings (Arcapita), a global alternative investment firm, has signed a $50 million asset-backed financing facility agreement with Khaleeji…
Qatar Financial Centre PMI: Non-energy private sector growth strengthens in October Faster increase in new business drives output higher
Employment and wage growth remain close to record levels Outstanding business increases at sharpest rate in over two years Data…
Al Faisal Al Baladi Holding launched
Senyar Trading & Distribution Company and Al Baladi Holding announced the launch of their strategic partnership under the name of…
Ajman Chamber promotes investment opportunities and reviews best practices
Ajman Chamber discussed with the Hong Kong General Chamber of Commerce (HKGCC) ways to enhance joint economic cooperation relations, develop…
UAE boards are more operationally involved and focused on emerging technologies like AI compared to global peers
Heidrick & Struggles has launched its fourth Board Monitor report in the United Arab Emirates (UAE). Despite regional and…
SICO announces $500mln in new investment products at Gateway Gulf 2024
SICO BSC has announced today an expanded product suite at Gateway Gulf 2024. The new offerings include two Bahrain-domiciled funds:…
Saudi Arabia’s PIF to acquire 54% stake in MBC Group
Saudi Arabia’s sovereign wealth fund is set to acquire a 54 percent stake in media giant MBC Group for SR7.46…
PIF’s Asset Management Forum concludes second edition at FII8
PIF continues to explore new horizons for the Saudi asset management industry through upskilling, partnerships and strategic capital allocations PIF…