Latest News
Dutch data protection agency seeks to look into Microsoft’s Window’s 10 privacy concerns
McAfee to pursue IPO this year with estimated value of $8 billion
DoE to strengthen Abu Dhabi’s position as world energy capital
UAE central bank assets increase to Dh2,975.8 bn as of July end
DP World to bid for Singapore offshore support vessel firm
DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore
France’s CNP to sign $1.7 bn insurance deal with Brazil bank
CNP will sell insurance through Caixa’s 3000 branches
INTERNATIONAL FINANCE
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Economy
September 20, 2019
No-deal Brexit could put UK on a slower growth path
UK losing access to EU markets could push it into recession in 2020
INTERNATIONAL FINANCE
September 20, 2019
No-deal Brexit could put UK on a slower growth path
UK losing access to EU markets could push it into recession in 2020
September 20, 2019
France’s CNP to sign $1.7 bn insurance deal with Brazil bank
CNP will sell insurance through Caixa’s 3000 branches
September 20, 2019
DP World to bid for Singapore offshore support vessel firm
DP World is one of the six potential bidders for Singapore-based Miclyn Express Offshore
September 19, 2019
Saudi Arabia joins US-led maritime coalition to protect oil shipping
Currently, the US, the UK, Bahrain and Australia are the only member countries of the task force
September 19, 2019
Singapore’s DBS plans to grow Thai wealth business to $8 bn by 2023
The bank has partnered with its subsidiary DBS Vickers Securities (Thailand) to achieve the target
September 19, 2019
Human capital makes Bahrain top destination for proptech
Friendly business environment and digital infrastructure in Bahrain give the country an edge in the MENA region
September 18, 2019
DBS Bank to expand with hybrid human-robo portfolio
Next phase of expansion to be across Indonesia, Hong Kong, Taiwan, China and India
September 18, 2019
Kamco, Global merger creates largest asset manager in MENA
Kamco shareholders approved the company’s reduction of issued and paid up share capital from KD26.3 mn to KD23.7 mn
September 18, 2019
Emaar’s 10-year sukuk to generate 3.9% annual return
The sukuk is part of Emaar’s $2 billion trust certificate issuance programme
September 18, 2019
Kenya second most preferred business destination for African CEOs
In a survey of 171 African CEOs, 22 prefer Kenya while 24 of them prefer the US as their top business destination
September 18, 2019
Dh106 bn property deals done in Dubai in the first five months of 2019
48 new projects were launched during this period which will add around 8000 residential units to the market
September 18, 2019
Adnoc and Malaysia’s Petronas to explore new opportunities
UAE and Malaysia to explore opportunities not just in oil and gas, but also renewable energy, infrastructure, and tourism
September 18, 2019
Lendlease to raise S$1.03 bn by listing a new REIT in Singapore
About 387.5 mn units of the REIT will be offered under the IPO at S$0.88 each
September 17, 2019
SMEs in Egypt secures E£146 bn funding from Central Bank of Egypt
Under the Central Bank of Egypt’s initiative, banks will offer soft loans with interest rate of 5% to 7%
September 17, 2019
Fenix plans rural off-grid solar project in Mozambique
The company will provide clean energy and financial services to 200,000 households in three years
