Uncategorized

Environment and Sustainable Investments

Egypt-Based EFG-Hermes Sells Controlling Stake In British Solar Project For $647M

September 18, 2020

Egyptian investment bank EFG-Hermes Holding’s private equity arm, Vortex Energy, sold a controlling sale in a British solar project to…

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Hedge Funds & Alternative Investments

Preqin opens new office in Dubai

September 18, 2020

Preqin has announce that it has established a new permanent office in Dubai, United Arab Emirates.    This location marks…

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Comment & Analysis

Turkish banking sector’s credit volume increases

September 18, 2020

The Turkish banking sector’s credit volume increased by over TL 15.18 billion ($2.01 billion) in the week of Sept. 4-11,…

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Comment & Analysis

Lebanese banks turning to France to outflank government rescue plan

September 18, 2020

Lebanon’s banks are trying to outmanoeuvre the government before the new premier forms a cabinet, throwing prospects for a bailout…

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Comment & Analysis

Qatar, US support strong and united GCC

September 18, 2020

The Governments of the United States and the State of Qatar have expressed concern about the detrimental security, economic, and…

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Comment & Analysis

Gulf loan market subdued but government-related entity deals surge – ADIB

September 18, 2020

Overall loan activity in the Gulf is about 20% to 25% lower than a year ago, but deals by government-related…

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Hedge Funds & Alternative Investments

Abu Dhabi investment office to open Tel Aviv site, its 1st outsie the UAE

September 18, 2020

The state-run Abu Dhabi Investment Office (ADIO) is set to open its first office outside the United Arab Emirates in…

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Regulation, Risk & Compliance

Israeli and Emirati diamond exchanges sign 'collaboration agreement'

September 18, 2020

Diamond exchanges in Israel and the United Arab Emirates will soon open offices in each other’s countries. The news is…

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Hedge Funds & Alternative Investments

Bahrain banks' asset quality to dwindle but remain contained for now: S&P

September 18, 2020

Property prices in Bahrain will fall at an accelerated pace while banks will face pressure on profits towards the end…

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Comment & Analysis

UAE, Bahrain, Turkey top Islamic countries on World Bank Human Capital Index

September 18, 2020

UAE, Bahrain and Turkey are the top Islamic countries on the World Bank Group’s Human Capital Index 2020 but there…

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Comment & Analysis

Dubai may be as indebted as South Africa if dissenters are right

September 18, 2020

Determining how much debt Dubai's government has amassed depends on who's counting. What is less in dispute is that the…

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Islamic Finance

UAE's Emirates Islamic Bank confirms $500mln bond sale

September 18, 2020

UAE-based Emirates Islamic Bank has confirmed it has sold Islamic bonds, or sukuk, worth $500 million to beef up liquidity.…

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