SHUAA and Arton partner to encourage foreign direct investment in high growth markets
DUBAI, UAE: SHUAA Capital announced its new partnership with Arton Capital, the leading global expert advisory specializing in investment-based social impact programs, to encourage foreign...
BH Mubasher participate in the Young Economists Program
DUBAI: BH Mubasher Financial Services PSC, one of the leading companies in the UAE financial market, has participated in the Young Economists Program, a news...
Dubai Islamic Bank closes $1.0 billion AT1 Sukuk
DUBAI: Dubai Islamic Bank PJSC (DIB) successfully priced a USD 1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625%...
Nakilat Included in MSCI Emerging Markets Large Cap Index – Qatar
DOHA, QATAR: Nakilat (Qatar Gas Transport Company) has been added to the Morgan Stanley Capital International (MSCI) Emerging Markets Large Cap Index as a constituent...
Damac Properties posts 32 percent growth in revenues to AED 3.7 billion
DUBAI: DAMAC Properties Dubai Co. PJSC announced financial results for the first nine months of 2020 (9M2020), wherein total revenue stood at AED 3.7 billion,...
Bahrain Bourse elected as members of the Arab Federation of Exchanges Board of Directors
BAHRAIN: Bahrain Bourse is elected by the consensus of the members, in addition to the Saudi Stock Exchange (Tadawul) as members of the Federation’s Board...
Pakistan LNG Limited issues tender for import of six LNG cargoes
KARACHI: State owned Pakistan LNG Limited (PLL) has invited bids for import of six liquefied nautral gas (LNG) cargoes of 140,000 cubic meters each to...
Aramex’s revenue increased 19% to AED 1.5 billion in Q3 2020
DUBAI: Aramex, a leading global provider of comprehensive logistics and transportation solutions, announced third quarter (Q3) ended 30 September 2020 revenue increased by 19% to...
SHUAA Capital pays its $100 million bond in full
DUBAI: SHUAA Capital psc, the leading asset management and investment banking platform in the region, today announced that it has paid in full the USD...
Pakistan LNG Limited receives lowest bids for December LNG deliveries
KARACHI: Pakistan LNG Limited (PLL) has received offers between 15.88-16.99 percent of Brent for its 6-cargo tender for December delivery. For a $37.46/bbl Brent price,...
Mutares completes acquisition of German Metallurgie Business from Nexans
MUNICH: Mutares SE & Co. KGaA has successfully completed the acquisition of the German Metallurgie Business of Nexans, a news release noted. The company with...
Profits of Qatari listed companies reached QAR 24.3 billion in the 3rd quarter of 2020
DOHA: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the period ended September 30, 2020. The results show a...