Financial Services MENA Edition

construction

ADFD allocates $50mln for Velana International Airport in Maldives

Concessionary loan to the Maldivian government to develop the Velana International Airport in Male.

investment

DIFC explores how MEASA will be instrumental in driving finance

DIFC-commissioned report, developed by Economist Intelligence Unit entitled The Next Frontier: The Future of Finance in the Middle East, Africa and South Asia.

alternative energy

Masdar-led joint venture financing largest wind farm in Serbia

Due for completion in first half of 2019, the 158 megawatt (MW) capacity Cibuk 1 wind farm will be largest commercial wind project in Serbia.

equities

Qatar's CBQ swings to profit in third quarter

Commercial Bank of Qatar reported net profit of $21.8mln in the three months to Sept. 30.

financial services

How bitcoin could help UAE start-ups

Sally Sfeir, Fintech Specialist of Clyde & Co, joined us to talk about how Bitcoin could be a great way for UAE start-ups to raise cash, through so-called Initial Coin Offerings.

media

SRMG acquires controlling stake in Saudi financial news service Argaam

The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service.

financial services

Bupa Arabia obtains SAMA approval for surplus distribution

Bupa Arabia is in progress with its individual policyholder by contract communications

taxation

UK lawmakers say Amazon, eBay not doing enough to combat VAT fraud

The companies say they take the problem seriously

equities

Abu Dhabi bourse starts technical short-selling to boost liquidity

Abu Dhabi Securities Exchange said on Tuesday it was introducing technical short-selling.

financial services

Qatar National Bank's 2017 loan growth to rise 12-14%- analysts

QNB expects net profit growth of 6-8% for 2017 and for 2018.