Wealth & Asset Management
Mena region attracting global players and more SPAC deals
The Mena region is seeing many deals from SPAC, indicating that the startup ecosystem in this...
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Telecom company Lumen sells Latin American business for $2.7bln
Lumen Technologies (NYSE: LUMN), a Telecom company, announced the signing of a definitive agreement and is...
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Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05%...
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OFIC planning to invest $1.2 billion in food security
The government’s food sector investment and development arm, Oman Food Investment Holding Company SAOC (OFIC), set...
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The “Normalcy Index” ranks Egypt as the fourth most resilient country
According to The Economist, the "normalcy index," which offers a framework to assess changes in behavior...
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UAE all set to boost air passenger traffic with Emirates and Etihad Airways
The Australian aviation product and safety ranking agency AirlineRatings.com places the full-fledged carriers of the UAE...
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Mubadala acquires 51% stake for $211 Mn in Brazil’s Renova
Mubadala Investment Company is a sovereign investor managing a wide variety of portfolios of investments and...
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UAE – based Gulf Islamic Investments acquires prime office campus in Florida for $50mn
The Gulf Islamic Investments (GIL), a UAE-based financial services company regulated by the Emirates Securities and...
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Latin America – The hot new hub for private equity investments
The global economy seems to be springing back to life from the lull that the Covid-19...
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The thriving macroeconomic outlook drives Shell’s idea to increase payouts for shareholders
Oil giant Shell announced that the shareholders would get a hike in the payouts as the...
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