Lex Mundi’s Global M&A Trends Report 2022 predicts as much, if not more, deal activity in both public and private mergers and acquisitions this year
The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen
Last year, the financial centre also recorded its highest ever annual revenue and operating profit
Digital banks have taken off with the spread of finance technology in Middle East
The Saudi cabinet approved a licence for D360 bank on Tuesday
Mastercard has partnered with Payment International Enterprise to launch Flooss across Bahrain and the region
The issuance was oversubscribed by more than 2.5 times
It follows Israel and the UAE normalising relations in 2020
The region’s M&A deal volumes for FY 2021 were up 58 per cent from 2020
Looking to invest in crypto assets? Talal Tabbaa advises starting small, paying attention to trends and adopting a long-term outlook
Mubadala Capital manages over $10bn of assets in third-party managed funds across its Brazil, private equity, public equities and venture capital businesses
The deal will see Apollo take a direct minority stake in Aldar Investment Properties at its net asset value
Several trends emerged over last year
Bullion’s appeal as a store of value is being burnished by risk aversion in markets and a surge in inflation worldwide
The findings will likely add to growing interest in green and sustainability-linked bonds and loans in the region
Wio will offer customers in the UAE a fully digital banking choice with tailored products and services to meet their lifestyles and needs
The company reported revenues of Dhs18.8bn
The IPO is the first listing of a cosmeceutical company on the Egyptian Exchange
UBS’ Investor Sentiment Survey found that UAE investors were concerned about the pandemic, rising healthcare costs and the global trade conflict
The group’s net profit increased by 86.77 per cent over 2020, supported by diversification and an international investment portfolio
The potential acquisition would be paid for in cash
The sukuk will be listed on Euronext Dublin and Nasdaq Dubai
The Covid-19 pandemic has effectively broadened the investment landscape, explains AIX Investment Group’s board advisor Fadi Dabbagh
Analysts have noted that cryptocurrencies have lately been moving in tandem with other riskier assets
The agreement sets a framework for mutual assistance and exchange of information in areas, including money laundering and terrorism financing
In 2021, Abu Dhabi Ports handled 45 million tons of general cargo volumes
Last week, Fitch Ratings gave the fund a rating of A
The bank’s revenue increased 4 per cent to Dhs5.56bn
The company will commence trading on the main exchange from February 8
The platform, which allows real-time payments and fund transfers round the clock, will support SMEs, larger companies and financial institutions