Kuwait Bourse suspends 17 enlisted companies
Kuwait Bourse announced suspending 17 enlisted companies for failing to present their financial data for Q1 2017 within the specified…
Hedge Funds & Alternative Investments
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EFG Hermes reports strong Q1 2017 profits from continued operations of EGP 236 million
One of the leading MENA financial services corporations, EFG Hermes, has reported strong first quarter results, with net profit after…
Saudi Arabia to Raise $9 Billion via Sukuk
Fitch Ratings Global Head of Islamic Finance Bashar Al Natoor weighs in on Saudi Arabia's issuance. He speaks on…
Investcorp named Best Private Equity firm in MENA 2017
The award comes following a very successful period for Investcorp and its clients, which saw the Firm double its assets…
Invest AD offers pioneering GCC bond investment product to institutional investors
The new investment note, structured by the Swiss Bank Julius Baer is actively managed by Invest AD Asset Management PJSC. …
Qatar becomes one of the city's biggest commercial owners
A tiny Middle Eastern country has become a big player in New York real estate. Qatar Investment Authority is now…
Sico Q1 net profit soars to $3.34 million
Bahrain-based Securities & investment Company (Sico), a leading conventional wholesale bank, has posted a net profit of BD1.32 million ($3.34…
World Bank Supports Yemen with $816 Mn
The World Bank has committed $816 million to support emergency projects in Yemen, according to a senior Yemeni official. …
Aldar revenue in Q1 increases 28% on development sales
Abu Dhabi developer says it sees growth opportunities in the middle-income market Aldar Properties, Abu Dhabi's leading property developer, reported…
UAE SCF platform gets investment from ex-Citi CEO
Invoice Bazaar, a Dubai-based fintech start-up, has received an investment of an undisclosed amount from Shirish Apte, former CEO and…
High demand for Eurobonds of Turkish banks
Five major Turkish banks comfortably raised $3 billion in the Eurobond market within the first four months of the year,…
Qatar Financial Centre concludes Asia Roadshow 2017
As part of QFC Asia Roadshow 2017, Qatar Financial Centre Senior officials held discussions, face-to-face consultations and networking events with…