Tuesday 6 December 2016
 
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finance

RAK gears up for key finance and investment forum

Ras Al Khaimah Finance & Investment Forum (RAKFIF), the new platform for uncovering business investment opportunities and set-up in RAK, is gearing up for a successful first edition next month. Taking place on December 13 and

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Symphony Style Hotel Kuwait welcomes new finance director

Symphony Style Hotel Kuwait, the Quorvus Collection flagship hotel in Kuwait, has appointed Mohamed El Badry as its new director of finance. El Badry first joined the Rezidor Hotel Group in 2008. Coming from Radisson Blu El Quseir

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The Saudi Trade Finance Summit opens in Jeddah today

The Saudi Trade Finance Summit, the only premier initiative for Trade Finance Development in the kingdom, will open its doors today at Le Meridien – Jeddah with the official endorsement of Jeddah chamber. With Saudi Arabia g

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Emirates NBD launches first pilot blockchain network

Emirates NBD today announced the successful launch of the bank’s pilot blockchain network for banking services, a first for a private sector entity in the UAE. The bank, a front-runner in digital banking solutions and a memb

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Waha Capital names new chief operating officer

Waha Capital, a leading investment company based in Abu Dhabi, has appointed Alain Dib as the new chief operating officer, a role that involves leading the company’s investment businesses. Dib joins Waha Capital after a 20-y

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RakBank offers $10m loan to Lankan finance group

RakBank, one of the UAE's leading banks, said it has arranged a three-year $10 million medium-term loan facility for DFCC Bank, a leading financial institution in Sri Lanka. DFCC Bank will be using the funds for general expans

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Diyar Al Muharraq seals $366m project finance deal

Diyar Al Muharraq, one of the leading urban developers in Bahrain, has signed a Murabaha contract worth $366 million with a group of local banks in order to provide financial liquidity to develop the ‘Deerat Al Oyoun’ project.

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Oman fund to finance Republic of Congo potash project

Australia-based Elemental Minerals has signed an investment agreement with Oman’s State General Reserve Fund (SGRF), a sovereign wealth fund, to finance the development of a major potash project in the Republic of Congo, said a report.

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Oman fund to finance Republic of Congo potash project

Australia-based Elemental Minerals has signed an investment agreement with Oman’s State General Reserve Fund (SGRF), a sovereign wealth fund, to finance the development of a major potash project in the Republic of Congo, said a report.

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UAE developer inks finance deal with Amlak

Properties Investment, a joint venture between Dubai Investments and leading UAE developer Union Properties, has signed a strategic deal with top real estate financier Amlak Finance, for its Green Community project in Dubai. As pe

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