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Financial

Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms
Abu Dhabi’s Mubadala Partners with Carlyle’s AlpInvest to Offer Loans to Private Equity Firms

Dec 12, 2024

Iliad Partners Launches $50M Fund to Support Startups in MENA
Iliad Partners Launches $50M Fund to Support Startups in MENA

Dec 11, 2024

Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank
Solutions by STC, a subsidiary company, gets $133 million in Islamic-compliant funding from Riyad Bank

Nov 26, 2024

Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base
Saudi Awwal Bank plans to issue Islamic bonds (Sukuk) through a private offering as part of its $5.3 billion program to strengthen its financial base

Nov 21, 2024

Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million
Egypt’s Contact Financial Holding reports a 71% increase in net income for the third quarter, reaching $4.5 million

Nov 20, 2024

Dubai Investments’ net profit for the third quarter of 2024 increased by 2% to $65.7 million, driven by a strong performance in the real estate sector
Dubai Investments’ net profit for the third quarter of 2024 increased by 2% to $65.7 million, driven by a strong performance in the real estate sector

Nov 15, 2024

TAQA Group reports a 13% increase in its net income for the first nine months, reaching $1.7 billion, thanks to strong performance in its utilities business
TAQA Group reports a 13% increase in its net income for the first nine months, reaching $1.7 billion, thanks to strong performance in its utilities business

Nov 14, 2024

Fertiglobe, based in Abu Dhabi, saw its revenue drop by 5.6% to $496 million in the third quarter
Fertiglobe, based in Abu Dhabi, saw its revenue drop by 5.6% to $496 million in the third quarter

Nov 11, 2024

ACWA Power reports a 16% increase in nine-month profit, reaching $334 million, thanks to strong progress in projects
ACWA Power reports a 16% increase in nine-month profit, reaching $334 million, thanks to strong progress in projects

Nov 08, 2024

Seera Group, based in Saudi Arabia, saw its profit rise by 65% to $11 million in the third quarter due to strong revenue growth
Seera Group, based in Saudi Arabia, saw its profit rise by 65% to $11 million in the third quarter due to strong revenue growth

Nov 06, 2024

Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations
Saudi National Bank reported a 7% increase in profit for the third quarter, reaching $1.4 billion, thanks to higher earnings from its operations

Oct 22, 2024

S&P keeps Egypt’s B-/B rating with a positive outlook because it can carry out reforms
S&P keeps Egypt’s B-/B rating with a positive outlook because it can carry out reforms

Oct 21, 2024

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