BNP Paribas, National Bank of Abu Dhabi Arrange $400MM Revolver for Senaat
Senaat, one of the largest industrial investment holding companies in the UAE, announced its agreement with 11 financial institutions to…
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Citigroup, Abu Dhabi Fund Spar Over $9M Arbitration Costs
Citigroup is again going to court over a dispute with Abu Dhabi's massive sovereign wealth fund over money lost in…
Bahrain's sovereign wealth fund not interested in the likes of Uber
The CEO of Bahrain’s sovereign wealth fund Mumtalakat has ruled out high-profile technology investments along the lines of Saudi Arabia’s…
Islamic Development Bank mandates 5 banks for sukuk
The Islamic Development Bank has appointed banks for a potential U.S. dollar-denominated sukuk issue, banking sources said on Monday. …
Most expensive watch sold at a Dubai auction
The most expensive watch has just been sold at a Dubai auction. March auctions at Christie's saw a 1981…
Qatar banks ‘need to embrace digital transformation to drive cost-savings, efficiency’
Banks in Qatar need to consider digital transformation to ensure future growth, as the industry continues to feel the impact…
Burgan Bank Offers Free Concierge Services to its Premier Customers
Burgan Bank, the second largest conventional bank in terms of assets, recently announced its offering of free concierge services to…
CMA signs MoU with Capital Markets Authority of Lebanon for increased cooperation
A Memorandum of Understanding (MoU) will be signed between the Capital Market Authority (CMA) and the Capital Markets Authority of…
Alkhabeer Capital records 6 percent increase in net income
Alkhabeer Capital, a leading asset manager specializing in alternative investments, announced today its financial results for the fiscal year ended…
Middle East fund managers upbeat, despite lacklustre markets in February
Middle East equity markets put in a mixed performance in February, with bourses in Saudi Arabia, Dubai, Kuwait and Egypt…
Clifford Chance law firm advises Kuwait on the establishment of its GMTN programme and debut dual-tranche $8billion note issuance
International law firm Clifford Chance has advised the State of Kuwait, acting through the Ministry of Finance and represented by…
Global Investment House makes substantial distributions on funds
Global Investment House has announced that Global MENA Financial Assets, a fund managed by its Private Equity Asset Management team…