Large family businesses in the Mena region are set to be a target for fund managers, with the next generation set to inherit more than $500 billion of family wealth over the next decade.
The Central Bank of Egypt has issued $2 billion worth of dollar-denominated Eurobonds in a bid to capitalise on investor appetite for higher yielding bonds and to help spread the country’s current debt burden.
Abu Dhabi National Oil Company (Adnoc) and a number of international energy traders have teamed up with the Intercontinental Exchange (ICE) to develop the world’s first Murban crude oil futures contracts.
Sharia-compliant asset manager Sidra Capital has invested $206 million to acquire a US industrial real estate portfolio.
Ongoing political unrest and the government’s weak creditworthiness has led rating agency Moody’s to downgrade three of Lebanon’s largest banks to junk status.
New York-based venture capital firm Modus Capital has unveiled a $75 million venture fund dedicated to startups in the Mena region.
Non-resident capital inflows into the Mena region are forecast to jump by 21% in 2019 – from $165 billion to $200 billion.
Equitativa, the fund manager that runs Dubai’s biggest real estate fund, has stated its intention to continue its cost-cutting drive after posting its third quarter results and reporting an 81% in net profit.
The UAE’s banking system was given a ‘stable’ rating despite the country’s subdued economic growth, according to a recent report from rating agency Moody’s.
Bahrain-based alternative investment firm Investcorp has teamed up with Hong Kong fund manager China Everbright to jointly manage a new fund focused on China’s technology sector.
Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
|
|
 |
|
| Join our mailing list to receive our latest news updates, magazine features, thought leadership and market research & analysis. |
| SUBSCRIBE NOW » |
Lux Report 2020
March 2020