Africa Finance Corporation hires Blackstone's Zarou CEO, as CIO
Africa Finance Corporation has announced the appointment of Sameh Shenouda as its new Executive Director and Chief Investment Officer. …
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Global firms without headquarters in Saudi 'will have to make a choice' to land government contracts in 2024: finmin
International companies that want to participate in the Saudi government's investment opportunities "will have to make a choice" and establish…
As Lebanon's banks struggle to raise capital, a deadline looms
Paralysed by financial crisis and riven with political risk, a number of Lebanon's banks are struggling to meet a central…
CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021
The Cairo for Investment and Real Estate Development company has revealed that it is currently studying two to three acquisition…
Oman’s inflation drops 1.57 per cent in January
The inflation rate in the Sultanate fell by 1.57 per cent in January 2021 compared to the same month of…
Saudi Arabia To Stop Signing Contracts With Companies Not Having Local Presence From 2024
The government of Saudi Arabia intends to stop signing contracts with foreign companies and commercial institutions with regional headquarters outside…
Kuwait SME Fund Asked To Support Suspended Business Activities
The Kuwaiti cabinet on Monday has asked the National Fund for Small and Medium Enterprises (SME) to form mechanisms that…
Venture capital ‘a key component in wealth creation’
Venture capital has become a key component in wealth creation investment strategies as GCC investors seek alternative asset classes to…
Foreign and domestic funds turn increasingly net buyers on QSE
Foreign and domestic funds were increasingly net buyers on Monday in an otherwise bearish Qatar Stock Exchange, amidst increased trading.…
Abu Dhabi banks invested $7.1b in debt securities in 2020
Abu Dhabi banks have invested AED 26.1 billion ($7.1 billion) in debt securities in 2020, according to data released by…
Is Saudi trying to lure regional headquarters away from the UAE with the latest challenge?
Saudi Arabia is increasing pressure on international firms to shift their Middle East hubs to the Saudi kingdom. Can this…
Bahrain's GFH Financial set to acquire more properties in UK, Europe this year
Bahrain’s Islamic investment bank GFH Financial Group is looking to acquire more properties in the United Kingdom and other countries…