Middle East Archives

ADIC to become part of Mubadala Investment Company Group

International Finance DeskMarch 22, 2018February 27, 2020

by International Finance DeskMarch 22, 2018February 27, 2020

President of the UAE His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a law restructuring the Abu Dhabi Investment Council (ADIC) following which the organization will become part of the Mubadala Investment Company Group...

Event News

Deloitte to present Regulatory and Financial Crime Conference in Dubai

International Finance DeskMarch 20, 2018February 27, 2020

by International Finance DeskMarch 20, 2018February 27, 2020

The Conference will be an enriching platform with industry leaders, keynote speakers and regulators diving deep into meeting new regulations in the Middle East...

Energy

ACWA Power appoints global coordinators for IPO plan

International Finance DeskMarch 15, 2018February 27, 2020

by International Finance DeskMarch 15, 2018February 27, 2020

According to company sources, JPMorgan Chase & Co, Citigroup, Natixis and Riyadh Capital are considered for its IPO plan worth of US$1bn...

Company

Gulf Capital acquires major stake in ACCUMED

International Finance DeskMarch 14, 2018February 27, 2020

by International Finance DeskMarch 14, 2018February 27, 2020

The acquisition will bolster investor growth and allow both companies to find a strong foothold in the UAE, KSA and other regional markets...

Economy

Saudi Arabia’s growth predicted despite slowdown in January

International Finance DeskMarch 14, 2018February 27, 2020

by International Finance DeskMarch 14, 2018February 27, 2020

According to the Bloomberg Monthly GDP analysis, there is potential for growth in the non-oil sectors in 2018—better than levels seen in the last two years...