Three Gulf private equity firms bid for stake in Saudi lab firm Al Borg
Three Gulf-based private equity firms are competing to acquire a minority stake in Saudi Arabia's Al Borg Medical Laboratories, sources…
Hedge Funds & Alternative Investments
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Kuwait's Boubyan Bank lists USD 250 mln sukuk on Nasdaq Dubai
Kuwait based Boubyan Bank has listed its first sukuk issuance, valued at USD 250 million, on Nasdaq Dubai. Boubyan…
GFH awarded gold and silver awards at the 2016 Transform Awards MENA
GFH Financial Group, a leading regional financial services group, today announced that it has won two awards for its Harbour…
Private equity can fill the funding gaps left by banks
Is this the perfect time for GCC private equity and venture capital to scale up? After the global financial…
Dubai Investments in talks with banks for $300 million loan
Dubai Investments is in talks with banks for a $300 million loan that would go towards financing its Mirdif Hills…
Uber Gets $US3.5b Cash Infusion From Saudi Arabia State Investment Fund
In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of…
Qatari Billionaire Investor Says Hopes UK Votes To Stay in EU
A billionaire Qatari investor who masterminded much of the Gulf state's investment in Britain said on Wednesday he hoped the…
QFB Confirms Its Strategy And Introduces Strict Efficiency Action Plan
Qatar First Bank L.L.C. confirms its strategy and announces action plan that focuses on optimising the bank’s resources and raises…
Saudi eyes $15bn of bond sales in 2016, post-Ramadan issue
Saudi Arabia is considering the sale of as much as $15bn of bonds this year, including a $10bn issue that…
Uber attracts $3.5bn from Saudi Public Investment Fund
The taxi service app Uber has attracted a $3.5bn (£2.43bn) investment from Saudi Arabia's Public Investment Fund. The money…
Qatar Airways wins gold at MENA Digital Awards
QATAR Airways has been awarded a prestigious Gold Award at the MENA Digital Awards for providing exceptional search engine marketing…
Funding crunch leaves GCC projects in the lurch
Lower oil prices will constrain the amount of funding available to GCC governments to finance capital and infrastructure projects which…