Kuwait's $112bn Pension Fund Has Cash To Burn After Revamp
The Public Institution for Social Security had a record investment profit of $7.3 billion in the three months through Ju... Read more
Dubai School Operator GEMS Raises Extra Debt To Bolster Its Cash
GEMS said the 'incremental' funding will be used to support working capital needs Read more
NMC Health Administrators Secure $250m Funding
Perella Weinberg Partners have been retained as the investment bank to explore the potential sale of the international b... Read more
Dubai Investments Reports 42% Drop In Half Yearly Profits
Dubai Investments revealed H1 profits decreased to $55.78m as a result of Covid-19 impact Read more
UAE Investors Eyeing Up Sustainable Opportunities
Latest survey from Standard Chartered revealed 90% are keen on green investments Read more
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more
Egyptian Government Boosts Spending On Investments By 35%: Finance Ministry
The increase will 'strengthen the economy, raise development figures and offer new jobs especially as the global economy... Read more
How Could A No-deal Brexit Reap Returns For The Gulf?
Britain could turn to the Middle East to plug the gap in EU trade when the UK exits in 2021, according to experts Read more
Chinese Oil Giant CNPC Eyes BP's $1.5bn Stake In Oman Gas Field
State-owned CNPC in advanced discussions with BP for 10% stake in Khazzan natural gas field Read more
Profits At India's Reliance Jump 31%, Beating Estimates
Conglomerate's consolidated profits for Q2 increased to $1.77 billion Read more
Saudi-backed Consortium Abandons Bid To Buy Newcastle United
Deal had been agreed to buy the club for $390m from current owner Mike Ashley in April Read more
Credit Suisse Hiring Morgan Stanley Dubai Banker Luthra
Group looking to expand investment banking operations in the Middle East Read more
Kuwait Pension Fund Posts Record First-quarter Investment Profit
The fund had an investment profit of $7.3bn in the three months through June Read more
UAE's Network International To Acquire African Payments' Firm DPO
The acquisition will strengthen Network's presence in Africa, giving the payments firm direct access to an extensive and... Read more
First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions
Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more