British private equity firm Actis to take over two Abraaj funds
British private equity firm Actis acquired the rights to manage two funds previously run by the now defunct buyout firm…
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MENA startups' funding deals hit record high in first half of 2019
The number of funding deals for startups in the Middle East North Africa region during the first half of this…
Consolidation, digital transformation, drive UAE's banking sector moving forward
There are 49 banks under the auspices of the Central Bank of the United Arab Emirates' of which 27 are…
Pharos Investment Banking acts as the exclusive sell-side advisor to the shareholders of Spinneys Egypt
Pharos Investment Banking announces the closing of the sale of a controlling stake in Spinneys Egypt to the private equity…
HSBC grabs bigger piece of investment banking fees in Mena
Middle Eastern & North African investment banking fees totalled an estimated $504.8m so far during 2019, 12.7 percent less than…
90% of people in UAE use digital banking
According to numerous studies conducted by official authorities, such as the Federal Competitiveness and Statistics Authority, the percentage of digital…
It’s real estate shining in UAE markets
Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties…
UAE’s real estate market to stabilise in 2020, says JLL
While most sectors across the UAE’s real estate market remained challenged during the first half, the various government initiatives launched…
NBB celebrates official opening of state-of-the-art, flagship Seef Mall branch
National Bank of Bahrain today celebrated the official opening and inauguration of its newly established, flagship branch at the Seef…
Saudi market strong on second quarter results, Aldar boosts Abu Dhabi
Most Gulf stock markets rose in early Sunday trading, mirroring gains late last week in global markets, and supported by…
Actis Completes Deal to Take Over Two Abraaj Funds
Emerging-markets investor Actis LLP has completed its takeover of two Abraaj funds in a deal that will boost the firm’s…
Abu Dhabi’s $697 Billion Wealth Fund Is Hiring
In a world of diminishing returns, Abu Dhabi’s top sovereign wealth fund is hiring as it boosts active management of…