PIF Spending Shift To Spur Greenfield FDI In Saudi As Private Equity Expands
Bain’s Gregory Garnier says Saudi's sovereign wealth fund is entering a more disciplined phase, redirecting capital f... Read more
EXCLUSIVE: SEDCO Capital Listing Possible Within 3 Years, CEO Says Amid Saudi IPO Boom
CEO Rayyan Nagadi says the group’s investment arm could go public within 3 years, as Saudi Arabia’s buoyant IPO mar... Read more
Tabby Completes Secondary Share Sale At $4.5 Billion Valuation
The transaction involved HSG, Boyu Capital and other investors acquiring shares from existing shareholders The post Tab... Read more
Germanys DWS Secures Financial Services Permission To Open Office In Abu Dhabi
The group will establish a regional presence under ADGM’s regulatory framework, with end-to-end set-up support from A... Read more
Barclays Looking To Re-enter Saudi Arabia With Office In Riyadh
The British bank had exited the country in 2014; “Investment flows used to head out of the region, and now there’s ... Read more
UAE Launches Retail Sukuk For Citizens And Residents To Invest In Shariah-compliant Bonds
UAE Ministry of Finance launches ‘Retail Sukuk’, enabling citizens and residents to invest in Shariah-compliant Tre... Read more
Abu Dhabis ADQ To Partner US Government In $1.8bn Critical Minerals Project
As China tightens control, Orion Critical Mineral Consortium to focus on bolstering access to lithium, rare earths and ... Read more
Binance Boss CZ Grateful To Trump After Receiving Presidential Pardon
Zhao was “prosecuted by the Biden administration in their war on cryptocurrency”, says Karoline Leavitt, the White ... Read more
Saudi VAT: ZATCA Calls For Businesses To File Returns Or Face Fines
Saudi Arabia’s ZATCA reminds VAT-registered firms to submit returns by October 31 via website or app, or face fines o... Read more
Saudi Venture Capital To Increase Allocation To Private Credit Funds
Saudi Venture Capital will allocate half of its investments to private credit and equity, up from about a third last ye... Read more
Goldman Scales Regional Offering With Onshore Private Banking Services In KSA
The firm will work in partnership with its Asset Management and Global Banking and Markets businesses in the region The... Read more
IHC Acquires Majority Stake In Pakistans First Women Bank Limited
It’s the first privatisation of a bank in the country under a G2G framework and strengthens the UAE–Pakistan econom... Read more
UAE Ombudsman Sanadak Slashes Financial Complaint Resolution Time To 15 Working Days
Sanadak, the UAE financial ombudsman, cuts complaint resolution time from 30 to 15 working days to boost consumer trust... Read more
Dubais DIFC Surpasses 8,000 Companies As Banking Assets Triple To $240 Billion
Dubai’s financial free zone becomes Middle East's top financial hub, with $240 billion in banking assets and AED 17.5... Read more
Kuwait Fund Wins Award For Financing $416 Million Water Project In Egypt
Egypt’s Bahr Al-Baqar plant, the world’s largest wastewater treatment facility, reuses over five million cubic metr... Read more