Agreement with IMF Revives Foreign Investment in Egypt
Investments by international funds and foreign investors in the Egyptian market has increased in recent weeks due to the $5.2…
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Al Salam Bank-Bahrain tops key performance indicator rankings for GCC banking sector Highest reduction in non-performing financing by any listed bank in GCC
Ranked sixth for capital adequacy Al Salam Bank-Bahrain has achieved the highest reduction in non-performing financing (NPF) amongst fifty five…
EBRD and NBE boost private businesses in Egypt
EBRD US$ 100 million loan to support SMEs and private businesses in Egypt Additional US$ 100 million increase in the…
EBRD supports Egypt’s real economy through loan to CIB
EBRD US$100 million loan to support businesses in Egypt New financing to CIB key for swift economic recovery Part of…
UAE consumers go cashless as trust in digital payments surges
Some game-changing shifts on payment behaviour in the UAE since the Covid-19 outbreak are expected to be the "new normal"…
Reasons why many investors are turning to social bonds amid COVID-19
The coronavirus pandemic has encouraged more investors to put their money in financial instruments that can have positive social outcomes.…
Qatar National Bank markets 5-year Chinese yuan bonds – document
Qatar National Bank, the Gulf's biggest lender by assets, is set to raise 1.2 billion Chinese yuan ($170 million) through…
Gold remains an attractive investment option despite latest surge
A potential second coronavirus wave is reinstilling faith in gold as an investor haven. After declining 5.4% from the…
SEDCO Capital exits Germany's ABC West
Mubasher: Global Sharia-compliant asset manager, SEDCO Capital, has exited German-based ABC West, a multi-let office property, achieving an internal rate…
Dubai homeowners find it's not easy changing property managers
Property owners in Dubai are finding it’s not easy to change their property management firms… and especially those ones owned…
Emirates REIT seeks names behind 'suspicious trades' of its shares
Emirates REIT filed an application in the Dubai International Financial Centre Courts to find out the identify of those behind…
Saudi Arabia starts $4bn tourism development fund
Saudi Arabia started a fund with an initial capital of $4bn to develop its tourism industry as the oil-rich kingdom…