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…
GIB wins three honours from the Global Banking & Finance Review April 10, 2022 MANAMA, BAHRAIN: Gulf International Bank (GIB) has been announced as the winner of three key honours by the Global Banking & Finance Review for…
Gulf Navigation signs support deal with a natural gas company April 5, 2022 DUBAI, UAE: Gulf Navigation Holding (GulfNav), the only maritime and shipping company listed on the Dubai Financial Market, signed an agreement with one of…
Zwipe is selected by National Bank of Iraq to pilot biometric payment cards April 4, 2022 BAGHDAD, IRAQ: Zwipe and the National Bank of Iraq are pleased to confirm that they will pilot Biometric Payment Cards built on the Zwipe…
SHUAA Capital acquires Allianz Marine and Logistics Services Holding March 30, 2022 UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced the acquisition of Allianz…