Kuwait Sovereign Wealth Fund continues third highest
According to an announcement made by The International Institute for Global Sovereign Funds, Kuwait’s sovereign wealth fund has retained the…
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Bahrain’s Al Waha Fund of Funds to invest in Mubadala-backed FinTech fund
Bahrain’s Al Waha Fund of Funds is investing in a FinTech-focused fund in the Middle East and North Africa region…
Biggest UAE Bank Taps Bin Tarraf to Replace Departing COO
First Abu Dhabi Bank PJSC has appointed Suhail Bin Tarraf to the role of group chief operating officer, according to…
Brazilian executive Ana Paula Assis oversees IBM in the Middle East
IBM has a new General Manager for the Middle East region: the Brazilian-origin Ana Paula Assis, who also leads the…
Egypt to issue first sovereign sukuk
Egypt is seeking to finalize the executive regulations for a sovereign sukuk by the end of this month, in preparation…
EDB, AD Ports Group sign MoU to provide financing solutions to industrial players
Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed an…
SS&C Intralinks Predicts Sustained Growth for M&A in Q1 2022
SS&C Technologies Holdings has announced results from the Q1 2022 SS&C Intralinks Deal Flow Predictor, a quarterly publication of future…
Goldman Sachs to double Tel Aviv staff – report
Goldman Sachs Group Inc. is to double its Israel staff, Bloomberg reports as both a rebuilding effort and a growth…
Dubai property prices could rise by 6% in 2022 – experts
Residential property prices in Dubai are expected to continue to grow in 2022, supported by Expo 2020 as well as…
ADQ appoints new Chairman of ADX
ADQ has announced that H.E. Hisham Khalid Tawfiq Abdulkhaliq Malak has been appointed as Chairman of Abu Dhabi Securities Exchange…
Dubai's DGCX closes 2021 with total value traded worth of around $150bln
The Dubai Gold and Commodities Exchange (DGCX) today reported its full-year market statistics. During 2021, the exchange recorded a yearly…
Green, sustainable debt issuance in MENA hit $18bln in 2021
The Middle East and North Africa’s green finance market is moving towards mainstream, with total issuance jumping by 122 percent…