Saudi’s Watheeq joins the innovative PropTech sector with a $26.7M fund
Watheeq Financial Services commenced a Venture Capital Proptech Fund of about $26.7 million (SAR 100 million). ...
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Aramco sells 49% stakes to a consortium led by the US-based EIG Global Energy Partners
Saudi Aramco, the world's largest oil producer, is the official Saudi Arabian Oil Company. It is ...
PMRC issues Rs1 billion Sukuk promoting sharia-compliant housing finance facility
Pakistan Mortgage Refinance Company (PMRC) issued a second privately-placed Sukuk of Rs1 billion to promote housing ...
Oman’s international Sharia-compliant Sukuk saw 6.5 times higher bids drawing more than $11.5 billion
As per a statement, Oman issued $1.75 billion in nine-year Sukuk or Islamic bonds in the ...
Bahrain’s Islamic banking drove with 37.1% domestic banking system assets in 2020
Bahrain is unarguably a high-income economy as per the World Bank, standing as the 5th most prosperous Arab country. ...
New amendments in Professional indemnity insurance promotes uniformity in the Indian insurance sector
Insurance Regulatory and Development Authority (IRDA) is the regulatory authority in India's life and general insurance ...
IFC ‘creates markets’ for growth in the financial sector in Africa and the Middle East
The International Finance Corporation is a subdivision of the World Bank that encourages companies in the ...
Version One gains booster with $100 million in two new funds
The seed investors Version One have recently announced the closure of two new funds: Fund IV ...
Software-as-a-service startup Whatfix neared $600 million with new $90 million finance inclusion
The Indian tech-based startup Whatfix amplified its valuation to nearly $600 million with a funding round ...
Baby formula deal worth $2.2 billion closed by Reckitt
Reckitt Benckiser Group Plc is one of the major consumer goods producers headquartered in Slough, England. ...
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