Tuesday 30 June 2015
 
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Beco invests in medical insurance technology startup

Beco Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, has invested in Bayzat, a UAE-based medical insurance technology startup. Bayzat assists patients and

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Beco invests in medical insurance technology startup

Beco Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, has invested in Bayzat, a UAE-based medical insurance technology startup. Bayzat assists patients and

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NCB raises $267m in capital-boosting sukuk

Saudi Arabia's National Commercial Bank (NCB) became the latest lender in the kingdom to announce the sale of a capital-boosting Islamic bond, raising SR1 billion ($267 million) through a sukuk which will enhance its core capital.

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Riyad Bank prices $1bn capital-boosting sukuk

Riyad Bank, Saudi Arabia's fourth-largest lender by assets, has issued capital-boosting sukuk worth SR4 billion ($1.07 billion), banking sources said on Monday. The deal, which will enhance the bank's Tier 2 or supplementa

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90 top executives attend strategy event in Bahrain

More than 90 senior executive from Bahrain and Saudi Arabia took part in a workshop that focused on aligning people, teams, departments, activities, processes and resources. Facilitated by leading provider of consultancy, facilita

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90 top executives attend strategy event in Bahrain

More than 90 senior executive from Bahrain and Saudi Arabia took part in a workshop that focused on aligning people, teams, departments, activities, processes and resources. Facilitated by leading provider of consultancy, facilita

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Proposed Egyptian fund to start with $655m in capital

A proposed Egyptian sovereign investment fund will start with capital of five billion Egyptian pounds ($655 million) beginning from the next fiscal year's 2015/2016 budget, the state news agency cited the planning minister as saying on Frida

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Saudi’s ICD to double its capital as pipeline grows

The private sector arm of the Saudi-based Islamic Development Bank group received approval on Thursday to double its capital, as it aims to keep pace with a growing project pipeline ranging from Africa to China. The move will allo

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Riyadh Valley inks summit deal with French firm

Riyadh Valley Company, the investment arm of the King Saudi University, has inked a partnership with Naseba, a French business facilitation company. Under the deal, the firms will create, develop and manage the Mena Venture Capita

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NBAD honoured for debt capital market actiivties

National Bank of Abu Dhabi (NBAD) was named ‘Best DCM House in the UAE’ by Euromoney Awards for Excellence 2015 at a ceremony held in Dubai recently. Its debt origination and distribution activities have earned its gro

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