PayTabs launches social commerce platform Paymes May 12, 2022 CAIRO, EGYPT: PayTabs, MENA’s award-winning payments powerhouse, announced today the launch of Paymes -the leading social commerce platform in Eurasia. Paymes will serve as…
GFH Financial to acquire majority stakes in US-based SQ Asset Management May 9, 2022 MANAMA, BAHRAIN:GFH Financial Group (GFH) has signed an agreement to acquire a majority stake in SQ Asset Management (SQ), a US-based living sector asset…
AD Ports Group signs agreements for port projects in Egypt May 5, 2022 ABU DHABI, UAE: AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for…
Aldar Investment acquires 70% interest in Abu Dhabi Business Hub April 26, 2022 ABU DHABI, UAE: Aldar Investment has completed the acquisition of a 70% equity interest in Abu Dhabi Business Hub, valuing the company at more…
GFH Financial Group to list its shares on Abu Dhabi Securities Exchange in May April 24, 2022 MANAMA, BAHRAIN: GFH Financial Group announced that the targeted cross listing of its shares on the Abu Dhabi Securities Exchange (ADX) is expected to…
DEWA implements Smart Grid Strategy 2021-2035 April 19, 2022 DUBAI, UAE: Dubai Electricity and Water Authority (DEWA) is implementing its updated Smart Grid Strategy 2021-2035. Building on the success of completing 100% of…
Crypto platform Bybit launches leveraged token products April 19, 2022 DUBAI, UAE: Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with…
Roebuck Asset Management sells Tesco Distribution Centre for over $135mn April 13, 2022 MANAMA, BAHRAIN: GFH’s UK subsidiary, Roebuck Asset Management has concluded an off-market sale of a Tesco Distribution Centre in excess of $135 million. The…
Dubai Investments divests 50% stake in EMICOOL to Actis for $1.0bn April 12, 2022 DUBAI, UAE: Dubai Investments has entered a deal to divest a 50% stake in Emirates District Cooling Company (EMICOOL) to Actis – a leading…
QInvest and QIC partner to venture in Islamic asset management space April 10, 2022 DOHA, QATAR: Qatar Insurance Company (QIC) and QInvest LLC, Qatar’s leading investment bank, are joining forces to create a Qatar-based national champion in the…