Syria’s banking sector just landed its first post-war foreign investment: Qatar-listed Estithmar Holding has secured a foothold in Syria’s banking sector after signing an agreement to acquire 49% of ...

Dubai-based alternative investment and PE firm EightClouds launched a UAE-focused residential investment fund targeting USD 300 mn in commitments, according to a press release (pdf). The new vehicle ...

Fertilizer manufacturers are set to soon face higher gas prices as the government seeks to narrow the gap between the buying and selling prices, driven by the increase in global energy prices amid the ...

South Africa’s third-largest bank Absa Group has followed through on its plan to open up an office in Dubai International Financial Center (DIFC), according to a press release. The expansion is aimed ...

Amanat is taking Cambridge Health Group (CHG) to the UK just four months after buying out its remaining minority shareholders. The Dubai-listed investor's wholly owned subsidiary acquired UK ...

The Capital Market Authority wants private funds to show what’s under the hood. The CMA has put a package of draft amendments (pdf) to its investment funds rules out for a 30-day public consultation ...

Egypt Education Platform (EEP) is the latest education player to join the IPO waiting room, after filing a request yesterday for listing on the EGX. The private ...

Dubai-based Magellan Capital launched a new open-ended credit fund targeting SME and individual borrower financing across the GCC and Europe, with USD 50 mn in seed capital and an AUM target north of ...

The UAE expects its newly signed comprehensive economic partnership agreement (CEPA) with Benin to lift UAE exports to the West African country by more than USD 1 bn by 2033, Foreign Trade Minister ...

A Strait of Hormuz that is open but commercially compromised is set to keep oil prices high well into 2027, and monetary policy tight with them, research firm BMI said at a MENA outlook webinar ...

Sharjah developer Arada accepted USD 169.2 mn in tenders to buy back part of its outstanding sukuk due 2027, according to a company statement. The amount represents around 41% of the USD 411.7 mn ...

Emirates NBD is the latest Gulf name turning to Asian lenders for cash. The bank is seeking a loan of at least USD 500 mn from Asian banks, with an option to upsize it to USD 1 bn, Bloomberg reports, ...