Financial
Dubai, Economy, Egypt, Financial, Technology
Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt’s Economy
Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt's Economy Egyptian businessman Hassan Heikal warned that Egypt's local public debt,…
Banking & Insurance, Business, Egypt, Financial
The Board of Egypt’s Beltone Holding has approved an extra $212 million in funding to help with growth and expansion
The Board of Egypt's Beltone Holding has approved an extra $212 million in funding to help with growth and expansion Egypt's Beltone…
Banking & Insurance, Financial, UAE
The UAE’s Central Bank and Hong Kong’s Monetary Authority have signed an agreement to improve financial cooperation
The UAE's Central Bank and Hong Kong's Monetary Authority have signed an agreement to improve financial cooperation The Central Bank of the…
Abu Dhabi, Business, Financial
Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms
Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms Abu Dhabi’s sovereign wealth fund, Mubadala, has teamed…
Business, Economy, Financial, Saudi Arabia, UAE
Iliad Partners Launches $50M Fund to Support Startups in MENA
Iliad Partners Launches $50M Fund to Support Startups in MENA UAE-based venture capital (VC) firm Iliad Partners has announced the first phase…
AI, Financial, Riyadh, Saudi Arabia, Technology
Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank
Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank Solutions by STC, officially called Arabian Internet…
Banking & Insurance, Financial, Saudi Arabia
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen…
Banking & Insurance, Dubai, Egypt, Financial
Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million
Egypt's Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million Egypt's Contact Financial Holding…
Business, Dubai, Financial, Investment
Dubai Investments’ net profit for the third quarter of 2024 increased by 2% to $65.7 million, driven by a strong performance in the real estate sector
Dubai Investments' net profit for the third quarter of 2024 increased by 2% to $65.7 million, driven by a strong performance in…
Abu Dhabi, Business, Energy, Financial, UAE
TAQA Group reports a 13% increase in its net income for the first nine months, reaching $1.7 billion, thanks to strong performance in its utilities business
TAQA Group reports a 13% increase in its net income for the first nine months, reaching $1.7 billion, thanks to strong performance…
Abu Dhabi, Business, Financial, UAE
Fertiglobe, based in Abu Dhabi, saw its revenue drop by 5.6% to $496 million in the third quarter
Fertiglobe, based in Abu Dhabi, saw its revenue drop by 5.6% to $496 million in the third quarter Fertiglobe, a fertilizer company…
Energy, Financial, Saudi Arabia
ACWA Power reports a 16% increase in nine-month profit, reaching $334 million, thanks to strong progress in projects
ACWA Power reports a 16% increase in nine-month profit, reaching $334 million, thanks to strong progress in projects Saudi Arabian utility developer…
MOST READ
For June, 2024
- Egypt’s Non-Oil Private Sector Declines Again in August
- Binghatti Holding’s $500M Sukuk Debuts on Nasdaq Dubai, Raising Total Listings to $1B
- Qatar Investment Authority Backs Anthropic in $13B Funding, Startup Valued at $183B
- Saudi Retailer Jamjoom Fashion Sets IPO Price Range, Aims to Raise $92M
- Sheikh Mohammed Bin Rashid Announces UAE Cabinet Changes, Names Ahmed Al Sayegh as New Health Minister
- How Gulf States Turn Heritage Into a Business Strategy
- Egypt Signs $340M Oil and Gas Deals, Plus Solar Energy Project
- Iraq, Kuwait Move Forward in Talks on Shared Oil Fields
- Abu Dhabi Fund to Invest $1.5 Billion in GLP’s Digital Growth