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Arab Energy Fund prices debut landmark $600m bondThe Arab Energy Fund (TAEF), a leading multilateral impact financial institution serving the Mena energy sector, has successfully priced a $600 million, three-year bond issuance, reflecting strong performance despite a challenging geopolitical backdrop. The tr More… |
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Equiom tops $3bn in Middle East workplace savings plan assetsEquiom, a leading provider of fiduciary services to private wealth and corporate sector, has announced a major milestone for its trustee services that it provides on Middle East Workplace Savings plans, with Assets Under Administration (AuA) reaching $3 billion in June 2025, up from $2.3 bill More… |
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Tamkeen, Zoho launch new programme for Bahraini SMEsBahrain's Labour Fund (Tamkeen) has announced the launch of a new programme to support digital transformation for the local small and medium enterprises (SMEs) in partnership with Zoho, a leading global technology company. Unveiling the new programme, Tamk More… |
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Saudi healthcare group SMC raises $500m in debut IPOSpecialized Medical Company (SMC), one of Saudi Arabia’s leading healthcare providers, made its trading debut on the Saudi Exchange following a successful initial public offering (IPO) that raised SAR1.88 billion ($500 million). The IPO saw strong demand More… |
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ila Bank offers customers 10pc cashback at Harrods this summerBank ABC's digital, mobile-only ila Bank has launched a bespoke summer campaign enabling credit card customers to enjoy significant savings at renowned luxury retail store, Harrods. Under this, ila Credit Card holders will receive a 10% cashback on a More… |
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Al Mal Capital REIT announces FPO, eyes $200m capital hikeAl Mal Capital REIT, the first real estate investment trust listed on the Dubai Financial Market (DFM), has announced that it will soon launch a follow-on public offering (FPO) to raise capital for expanding its income-generating real estate portfolio. The REI More… |
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France seeks greater GCC investment synergies at Vision GolfeThe third edition of Vision Golfe, a leading forum for economic dialogue between France and the Gulf countries, brought together over 1,200 participants, including 550 high-level stakeholders from the region. The forum also hosted five ministers, around More… |
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Qatar shuts down airspace temporarily amid regional crisisQatar said it has shut down airspace temporarily as part of measures taken amid developments in the region, a statement by the Qatari foreign ministry said on X. It said the move comes to ensure safety of residents and visitors. In a statement, the Ministry of More… |
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Middle East youth rewriting the rules of corporate success, says reportAs one of the youngest regions in the world in terms of its demographics, the Middle East is at the forefront of a generational shift in workforce values. Young people in the region are prioritizing financial stability, personal purpose, and mental well- More… |
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Jadwa buys majority stake in Saudi retailer Makhazen AlenayaJadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. The transaction ma More… |