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Posted inMENA

Dubai Investments divests 50% stake in EMICOOL to Actis for $1.0bn

Deal marks one of the largest transactions in the district cooling industry in the MENA region DUBAI, UAE: Dubai Investments has entered a deal to divest a 50% stake in…
Posted by Ali Mirza April 12, 2022
Posted inMENA

QInvest and QIC partner to venture in Islamic asset management space

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 Islamic asset management space. The new…
Posted by NNR April 10, 2022
Posted inMENA

GIB wins three honours from the Global Banking & Finance Review

MANAMA, BAHRAIN: Gulf International Bank (GIB) has been announced as the winner of three key honours by the Global Banking & Finance Review for excellence demonstrated over the past year.…
Posted by NNR April 10, 2022
Posted inMENA

Gulf Navigation signs support deal with a natural gas company

DUBAI, UAE: Gulf Navigation Holding (GulfNav), the only maritime and shipping company listed on the Dubai Financial Market, signed an agreement with one of the leading Natural Gas Companies in…
Posted by NNR April 5, 2022
Posted inMENA

Zwipe is selected by National Bank of Iraq to pilot biometric payment cards

BAGHDAD, IRAQ: Zwipe and the National Bank of Iraq are pleased to confirm that they will pilot Biometric Payment Cards built on the Zwipe Pay platform, making it one of…
Posted by NNR April 4, 2022
Posted inMENA

SHUAA Capital acquires Allianz Marine and Logistics Services Holding

UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced the acquisition of Allianz Marine and Logistics Services Holding Limited…
Posted by Chenos Kahn March 30, 2022
Posted inMENA

Nebras Power to build and operate Combined Cycle Gas Thermal power plant in Uzbekistan

DOHA, QATAR: Nebras Power Investment Management B.V. (NPIM), a wholly owned subsidiary of Nebras Power QPSC, has successfully entered into a long-term Power Purchase Agreement (PPA) in Uzbekistan to construct…
Posted by NNR March 29, 2022
Posted inMENA

Infracorp lists $900 million green sukuk on London Exchange

MANAMA, BAHRAIN: Infracorp B.S.C., the infrastructure and sustainability arm of GFH, announced the issuance of a US$900 million Sukuk, the first-ever green sukuk issued by a Bahraini entity and has…
Posted by NNR March 28, 2022
Posted inMENA

Al Salam Bank launches revamped Danat Savings Scheme for 2022

MANAMA, BAHRAIN: Al Salam Bank has announced the launch of its new and improved Danat Savings Scheme for 2022, held under the theme ‘gold-filled year’, where cash prizes have been…
Posted by NNR March 28, 2022
Posted inMENA

Qatar Stock Exchange and Astana International Exchange agree on cooperation

DOHA, QATAR: Astana International Exchange (AIX) and Qatar Stock Exchange (QSE) signed a Memorandum of Understanding (MOU) and agreed to establish cooperation in mutually beneficial areas. The MOU was signed…
Posted by NNR March 24, 2022
Posted inMENA Ratings

Capital Intelligence reaffirms QIB’s long term rating at A+ with stable outlook

DOHA, QATAR: Qatar Islamic Bank (QIB) has reconfirmed its ongoing positive rating with Capital Intelligence (CI) Ratings today announcing the Bank’s Long-Term and Short-Term Ratings of ‘A+’, and ‘A1’ respectively,…
Posted by NNR March 23, 2022
Posted inMENA

SHUAA Capital launches $250 million regional venture debt fund

UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA) has launched SHUAA Venture Partners, a USD 250 million Shari’ah fund, focused on venture debt investments. Commenting on the launch of the…
Posted by NNR March 23, 2022

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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