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Middle Eastern finance

  • Sunday, 1 September, 2024
    News in-depthDubai
    Dubai’s ‘co-pilot’ princes step up as emirate prepares for next generation

    Sheikhs Hamdan and Maktoum take on greater responsibility as their father Sheikh Mohammed gradually steps back

    Dubai’s crown prince Sheikh Hamdan bin Mohammed al-Maktoum, left, and his brother and the emirate’s deputy leader Sheikh Maktoum
  • Wednesday, 21 August, 2024
    Israel
    Bank of Israel chief calls on Netanyahu to make ‘permanent’ budget changes

    Central bank governor bemoans lack of planning as country faces growing deficit due to war in Gaza

    Amir Yaron
  • Monday, 8 July, 2024
    Special ReportThe Business of Tennis
    Saudi wealth bolsters WTA’s ambitions for women’s tennis

    The tour is also tapping private equity as it seeks to attract new audiences worldwide

  • Thursday, 13 June, 2024
    Insurance
    Mubadala battles to salvage investment in insurance start-up Wefox

    Investors split over options that range from deal with rival Ardonagh or putting together new rescue financing

    Wefox web page
  • Friday, 10 May, 2024
    Mubadala Investment Company PJSC
    Mubadala’s $3bn Fortress deal clears crucial US regulatory hurdle

    Foreign investment committee authorises sale after concessions on data and day-to-day control

    The All Aboard Florida Brightline express inter-city train on display in West Palm Beach, Florida
  • Thursday, 9 May, 2024
    Gulf Waitrose brand operator Spinneys jumps on first day of Dubai trading

    Bankers hope successful listing of high-end grocer heralds wave of private companies going public

    Signage outside a Spinneys supermarket in Dubai, United Arab Emirates
  • Tuesday, 16 April, 2024
    News in-depthEgypt
    Demand for Egyptian debt surges after $55bn bailout and investment package

    War in Gaza hastens rescue package aimed at rebooting economy

    A couple walk past pillars of a monorail line under construction
  • Sunday, 10 March, 2024
    Middle Eastern economy
    Big companies heed Saudi Arabia’s demand to set up regional HQs

    Global groups largely comply with Riyadh’s edict but banks and professional services firms are more wary

    The Skyline of Riyadh
  • Monday, 26 February, 2024
    Artificial intelligence
    Fintech in AI deal with Brookfield-backed Abu Dhabi payments group

    Biz2Credit hopes to use Magnati’s data to broker loans to small businesses in the UAE

  • Friday, 23 February, 2024
    Abu Dhabi steps in to ease Egypt’s currency crisis with $35bn investment

    Cash for Mediterranean development could unlock IMF deal for most populous Arab country, say analysts

  • Tuesday, 20 February, 2024
    Media
    Barclay family pledges UK businesses for Abu Dhabi loans in Telegraph bid

    Filings show that companies including the Very Group have new charges linked to an IMI deal

    A customer buy a copy of the Daily Telegraph
  • Monday, 19 February, 2024
    News in-depthTechnology sector
    ‘Strings attached’: Saudi Arabia steps up demands in tech deals with China

    Alibaba and SenseTime secure huge joint ventures in Gulf kingdom but agreements come with stringent requirements

    Saudi Arabia’s Crown Prince Mohammed bin Salman
  • Thursday, 1 February, 2024
    US foreign policy
    McKinsey and BCG accused of withholding information on Saudi ties

    Senator says consultancies have not complied with subpoena seeking details of their work for the kingdom

    Logos of McKinsey and BCG
  • Sunday, 14 January, 2024
    Middle East
    Reinsurers pull back from Israel and Middle East risks

    Firms inserting get-out clauses into policies to protect against a full-scale regional conflict

    A neon sign in Tel reads ‘bring them home’ referring to the Israeli hostages held in Gaza
  • Friday, 22 December, 2023
    Financial services
    Saudi-backed fund hit as UAE oil storage Spac runs into trouble

    Brooge listed on Nasdaq as part of acquisition vehicle boom but has since had two Big Four auditors resign

    Oil facilities in the emirate of Fujairah
  • Thursday, 7 December, 2023
    Global Economy
    China deepens ties with Saudi Arabia at Hong Kong gathering

    Beijing and Riyadh are expanding their economic relationship as they seek to reduce reliance on the US and its allies

    Xi Jinping, Mohammed bin Salman and the Chinese and Saudi Arabian flags
  • Wednesday, 6 December, 2023
    Sovereign wealth funds
    Gulf funds increase investment in south-east Asia as China retreats

    Sovereign funds from Saudi Arabia, the United Arab Emirates and Qatar are making deals in rare bright spot for region

    Doha West Bay financial district, Qatar
  • Monday, 4 December, 2023
    Barclays PLC
    Qatar slashes stake in Barclays with £510mn share sale

    Sovereign wealth fund makes move amid pressure on bank to improve its performance

    Barclays sign
  • Monday, 4 December, 2023
    Rocco Forte Hotels Ltd
    Saudi Arabia buys 49% of Rocco Forte’s luxury hotel chain

    Country’s $700bn Public Investment Fund plans to invest tens of millions to double the chain’s portfolio in five years

    Rocco Forte
  • Tuesday, 28 November, 2023
    Heathrow
    Saudi PIF and Ardian to buy 25% stake in Heathrow airport for £2.4bn

    Ferrovial selling holdings after 17 years

    Heathrow airport arrivals
  • Sunday, 26 November, 2023
    News in-depthMedia
    Abu Dhabi’s media record under scrutiny after Telegraph deal offer

    Gulf state funding RedBird IMI’s bid for UK newspaper has sought to build English-speaking media assets for past 15 years

    A montage of The Daily Telegraph newspaper, the Spectator magazine and the Etihad Towers
  • Monday, 20 November, 2023
    Daily Telegraph
    Zucker’s RedBird IMI offers to take over Telegraph in debt for equity deal

    Abu Dhabi-backed group run by former CNN boss agrees to help Barclay family pay off its loans

    A copy of The Daily Telegraph
  • Sunday, 19 November, 2023
    Telegraph Media Group Ltd
    MPs urge use of UK national security law to vet Barclay family’s Telegraph deal

    Tories concerned that family’s offer to repay media group’s £1.1bn debt will use funding from Abu Dhabi

    Copies of the Spectator and Daily Telegraph
  • Thursday, 2 November, 2023
    War in Ukraine
    US targets China, Turkey and UAE in latest Russia sanctions

    Companies and individuals are listed for helping Moscow in its war in Ukraine

    Janet Yellen
  • Wednesday, 25 October, 2023
    UBS Group AG
    UBS extends $9bn credit line to former Qatar prime minister

    Swiss bank seeks to hold on to Middle Eastern wealthy following staff upheaval

    Sheikh Hamad bin Jassim bin Jaber al-Thani
Previous page You are on page 1 Next page

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