CrowdStrike Outage: Latest Updates on the Global Tech Disruption
The recent global cyber outage has had extensive impacts across various industries, highlighting vulnerabilities and the need for robust contingency plans
The recent global cyber outage has had extensive impacts across various industries, highlighting vulnerabilities and the need for robust contingency plans
EU Chief Presses UAE President on Russia Sanctions Evasion, Telefonica Deal Tests Europe’s Appetite for Mideast Wealth, Saudi Construction Boom Hands Firms Contracts Worth $250
UAE Sets Up Gaming Body In Potential Move Toward Casinos, UAE’s Pure Health to Buy Circle Health in $1.2 Billion Deal, Qatar’s Economy Stalls After
Qatar Wealth Fund Invests $1 Billion in Ambani’s Retail Arm, Russia’s Top Miner Nornickel Plans to Move Some Trading to Dubai, Washington’s Top Middle Eastern
Saudi Pile of US Treasuries at Six-Year Low in Shift to Risk, Lira Lifeline Became $124 Billion Problem That Haunts Turkey, Turkey Urges Banks to
US, UK Sanction Lebanese Central Banker Days After He Leaves Job, Dubai-Based Shuaa Capital’s Top Investors Are Exploring Sale,
Your Rich Hedge-Fund Pals Are All Going to Dubai, UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag, Abu Dhabi Consolidates Real Estate Assets
Lebanon Central Bank Deputy to Take Over From Scandal-Hit Head, Kuwait’s $21 Billion Budget Surplus Ends Nine Years of Deficits, Saudi Arabia Ramps Up Mining
Adnoc Boosts Covestro Takeover Bid to €11 Billion, Canada’s CDPQ Weighs Boosting Stakes in Key Dubai Assets, Turkey Gets $51 Billion Pledge of Economic Support
Kuwait Plans New Sovereign Investment Fund to Boost Growth,BlackRock, KKR Near Sale of Adnoc Oil Pipeline Stake to ADQ, Turkey’s Erdogan Embarks on Gulf Tour
Move Over Dubai. This Tiny Emirate Wants to Be the Next Haven for Billionaires, Ultra-Wealthy Continue to Prop Up Dubai’s Luxury Property Market, Hedge Fund
Dubai’s Latest Property Spree Has Rich Buyers Taking More Risk, Brevan Howard Co-Founder Natsis Moves to UAE in Middle East Push, Abu Dhabi Scours for
UAE Lenders Fill Turkey Financing Void Left by Global Banks, A $204 Million Mansion Is Dubai’s Most Expensive House for Sale, UAE’s Biggest Oil Producer
Brookfield to Buy Network International for £2.2 Billion, Hudson Bay Expands $20 Billion Hedge Fund Business to Dubai, Turkey’s Simsek Promises ‘Credible Program’ for Economy.
Russian Steel Tycoon Joins Business Elite Opening in Abu Dhabi, Dubai Revives Palm Island Project After 14 Years Amid Rebound, Turkish Markets Hope Simsek Can
Private Equity Firm Ardian Plans to Double Team in Abu Dhabi, Bankers See Asia-Middle East Dual Listings as a Budding Trend, Qatar Wealth Fund Sets
SoftBank Sells Fortress Stake to Mubadala, Management Team, Messi, Ronaldo Lead Saudi Arabia’s Multibillion-Dollar Makeover, Saudi Arabia Moves Closer to Another Aramco Stock Offering.
Goldman to Open Abu Dhabi Office, Turkish Markets Slump, Abu Dhabi Family Plans Middle East’s Second SPAC Listing, BlackRock Seeks $1 Billion for New Fund
Dubai’s Growing Commodities Hub Is Now Enticing London Traders, Banker Pay Surges For Those Willing to Work in Saudi Arabia, Tech VCs Resort to Party
Saudi Arabia’s Wealth Fund Eyes Flynas Stake to Bolster Tourism, The Oil Industry’s Unhappy Marriage Is Starting To Face Facts, Egypt’s Doomsayers Pay More Than
Ray Dalio Set to Open Branch of Family Office in Abu Dhabi , Dubai Plot of Sand Sells for $34 Million, Saudi Arabia Wealth Fund
IMF Awaits More Egyptian Reforms, Turkish Lira Traders Hedge Against Turbulence, Morgan Stanley Sees Cash Buyers and China Buoying Dubai Property, Saudi Arabia Transfers
OPEC+ Output Cuts Aren’t Advisable Right Now, White House Says, UAE Ruler Names Son Crown Prince, Elevates Other Royals, Kuwait Wealth Fund Sells €1.4 Billion
UBS Seeks Mideast Dealmaking Revival With Credit Suisse Takeover, Saudi Aramco Deepens China Push With $3.6 Billion Refinery Deal, StanChart Sells Jordan Unit to Arab
Credit Suisse’s Fate Was Sealed by Regulators Days Before UBS Deal, Credit Suisse Turmoil Puts Gulf Investors Among Top Losers, India’s Reliance Shifts Traders to
Powerful UAE Royal Adds $790 Billion, UAE Royal’s Firm Mulls Takeover of SVB’s UK Unit, General Atlantic Joins ADQ in Alternative Asset Investments, Egypt’s Crisis
Lebanon to Intervene Anew, Adnoc Gas Draws $124 Billion, Abu Dhabi’s G42 Seeks $495 Million, Dubai’s Luxury Homes Lead the World’s Best Property Markets, Fajr
Iraq Pivots to Yuan for China Imports, the Inevitable Rise of a Petroyuan, Ukraine Gets Support From Saudis, Saudi Oil Revenue Drop.
Saudi Arabia Becomes Largest Outside Shareholder of Nintendo, Qatar and Abu Dhabi Are Interested in Buying NBA Teams, Lebanon Makes Another Plea For Aid at
Lebanon Central Bank to leave, Alibaba, PIF- to Raise $1 Bill, Saudi Aramco Says ESG Investing Threatens Energy Security, Quakes’ Economic Toll at $84 Billion,
Lebanon Devalues, Still Far From Black Market, Saudi Non-Oil Econ. Grows Fastest in Year, US Pressures Turkey, UAE to Cut Russia Trade.
QatarEnergy, TotalEnergies SE, and Eni SpA to search for natural gas in Lebanese waters, The United Arab Emirates and India are discussing ways to boost
Egypt Is Closer to Ending Devaluation of Volatile Currency, Saudi Arabia’s Got the Money. But Can it Draw Foreign Capital?, Saudi Arabia Sets Up New
UAE Business Activity Stumbles, Saudi Arabia Cuts Oil Prices for Asia, Kuwait Falls Behind Saudi, UAE, Qatar, Alibaba Plans Logistics Hub at Istanbul.
Dubai Ends Hefty Alcohol Tax, Jadwa Plans $532 Million Deals, Ronaldo Signs With Al Nassr, Egypt Cancels Letter of Credit, Turkey’s Says Shift to Lira
May the New Year bring you new opportunities, new beginnings, and endless possibilities for growth and success
Wishing you all the best that a holiday could bring. Merry Christmas and a happy New Year! Adnoc Is Said to Pick Lead Banks for
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UAE Plans Global Energy Push With $150 Billion Oil, Gas Spending – Bloomberg — www.bloomberg.com – The United Arab Emirates’ main energy company will boost
NEWSLETTER SPONSOR THRIVE Consultancy FZE THRIVE Consultancy FZE is a Third Party Marketing company for Asset Managers specialising in developing product offerings that provide investment diversification
Brookfield (BAM) Expands Into Saudi Arabia to Target Kingdom’s Riches – Bloomberg — www.bloomberg.com – There are vast investment opportunities within our main areas of
Abu Dhabi Expects IPO Boom to Continue, With 11 Deals Next Year – Bloomberg — www.bloomberg.com – A 5 billion-dirham ($1.36 billion) fund launched a
Foxconn Partners With Saudi Wealth Fund to Build Electric Cars – Bloomberg — www.bloomberg.com – The pair will set up a joint venture called Ceer
Abu Dhabi Firms Said to Weigh Bid for GEMS Education Stake – Bloomberg — www.bloomberg.com – GEMS is owned by its founder Sunny Varkey and
Abu Dhabi Transfers Etihad Ownership to Sovereign Wealth Fund – Bloomberg — www.bloomberg.com – Following the move, disclosed on Tuesday, ADQ will have interests ranging
OPEC+ Oil Cut Is Mostly Illusion as Saudis Face Kazakh Crude Return – Bloomberg — www.bloomberg.com – Ministers from the OPEC+ group of oil-producing countries
Lebanon Set to Re-Peg Currency If Recovery Plan Is Approved – Bloomberg — www.bloomberg.com – The program, designed to end an economic collapse, marks an
Germany Secures Just One Tanker of Gas During Scholz’s Gulf Tour – Bloomberg — www.bloomberg.com – Securing additional supplies is crucial for Germany after the
Dubai Increases Salik IPO Size to $1 Billion on Strong Demand – Bloomberg — www.bloomberg.com – The government will now sell 1.87 billion shares in
Abu Dhabi Commercial Bank (ADCB) Plans $1 Billion Bad Debt Sale – Bloomberg — www.bloomberg.com – Codenamed Project Turbo, the emirate’s second-largest lender recently kicked
Dr. Atie J. El Mouallem – The Problem With Corruption Index Scores Like CPI and CC — atiejelmouallem.com The World Bank’s Worldwide Governance Indicators (WGI)
World Cup Fever Spreads From Qatar in Tourism Boom – Bloomberg — www.bloomberg.com – Match-day flights from major Middle Eastern cities will shuttle spectators to
Abu Dhabi AI Firm G42 Sets Up $10 Billion Fund for Tech Deals – Bloomberg — www.bloomberg.com – Abu Dhabi-based artificial intelligence firm G42, backed
New Best Cities for Expats: Lisbon, Bangalore Emerge to Rival Hong Kong – Bloomberg — www.bloomberg.com Kuala Lumpur – the Malaysian capital is becoming increasingly
Alvarez & Marsal to Increase Staff by 70% in Middle East Push – Bloomberg — www.bloomberg.com – The turnaround firm aims to have more than
Dr. Atie J. El Mouallem – Relationship between high Inequality and Corruption — atiejelmouallem.com The world economic forum held this year reported that one of
UAE Earmarks $820 Million to Build Satellites, Fund Space Plan – Bloomberg — www.bloomberg.com – “The project will contribute to the UAE’s efforts to develop
Biden’s Quest for Saudi Oil Faces Reality-Check of Slim Capacity – Bloomberg — www.bloomberg.com – The price of gasoline remains a source of political peril
Wishing you a cheerful and spiritual Eid Adha Mubarak. My heartiest regards to you and your family! Dr Atie J El Mouallem Making Saudi Inc:
Dubai’s Tecom IPO Set to Price at Top of Range, Bucking Selloff – Bloomberg — www.bloomberg.com Highlights: – Tecom’s IPO is the second of 10
Abu Dhabi’s Aldar Mulls Buying Stake in Egypt’s Medinet Nasr – Bloomberg — www.bloomberg.com Highlights: – Aldar, which primarily operates in Abu Dhabi, has been
Dubai’s Tecom Courts Investors After Lining Up Banks for IPO – Bloomberg — www.bloomberg.com Highlights: – Tecom hosts 10 large business complexes including Dubai Internet
Dubai emerges popular destination for entrepreneurs, millionaires and startups – News | Khaleej Times — www.khaleejtimes.com Highlights: – Referring to the new rules for the
Lebanon’s independents disrupt political order Highlights: – The phone has not stopped ringing since political novice Ibrahim Mneimneh won a seat in Lebanon’s parliamentary election
UAE Prince Who Reshaped Region Named Ruler of Oil-Rich Power – Bloomberg — www.bloomberg.com Highlights: – Crown prince of Abu Dhabi since 2004, MBZ controls
UAE Invites Companies to Bid for 40% Stake in 1.5 GW Solar Plant – Bloomberg — www.bloomberg.com Highlights: – Emirates Water and Electricity Co. will
The ‘one of a kind’ Beirut theatre surviving Lebanon’s crises Highlights – The humour is abrasive, but the bigger surprise is the fact that in
UAE Golden Visa 2022: Lowering investment to Dh2m is an instant bonus for property buyers, entrepreneurs | Property – Gulf News Highlights: – To be
Abu Dhabi Investment Authority (ADIA) Joins KKR in $15 Billion Ramsay Health Bid – Bloomberg — www.bloomberg.com Highlights: – Ramsay, which operates a network of
“Easter is meant to be a symbol of hope, renewal, and new life.” Janine Di Giovanni UAE dominates Gulf Business’s Top 100 Arab Power List
DIFC launches world’s 1st Studio Launchpad for Ubiquitous Finance ecosystem – GCC Business News — www.gccbusinessnews.com Highlights: – The Studio Launchpad, which is supported by
Disillusioned Lebanese lose faith with politicians ahead of poll Highlights: – Under the country’s confessional system, the Sunnis provide the country’s prime minister but Saad
UAE Business: UAE launches ambitious new programme for SMEs — www.gdnonline.com Highlights: – The UAE has launched the ambitious National Programme for Small and Medium
Why new technology is top dollar in forex trading | Gn Focus – Gulf News Highlights: – With an average daily turnover of approximately US$5.1
Abu Dhabi’s Mubadala invests Dh1.3b in Singapore-based Princeton Digital | Business – Gulf News Highlights: – Data-center operator Princeton Digital Group has pulled in over
Abu Dhabi’s G42 Expands Investment Team With Wealth Fund Hires – Bloomberg — www.bloomberg.com Highlights: – Koster and Nieman are among those reporting to Chief
UAE not as affected by inflationary pressures as some developed economies — www.thenationalnews.com Highlights: – The main drivers of inflation in the developed markets last
As Lebanon Economy Collapses, Some Young Men Have Joined the Islamic State – Bloomberg — www.bloomberg.com Highlights: – As Lebanon slid deeper into economic misery
Explained: How UAE’s new family business ownership law protects against ‘hostile situations’, surprise deals – News | Khaleej Times — www.khaleejtimes.com Highlights: – Jimmy Haoula,
Lebanon: toothless watchdog ‘unable to properly monitor election’ — www.thenationalnews.com Highlights: – The electoral campaign officially started on January 10 but the commission, without a
Attack on Abu Dhabi risks upsetting a cautious detente in the Gulf Highlights – The assault risks ending the first serious attempts in decades to
Dr. Atie J. El Mouallem – Redesigning Lebanon’s Consociational Confessional Democracy — atiejelmouallem.com Pluralistic institutions promote development. They create a virtual cycle of growth, development
Redesigning Lebanon’s Consociational Confessional Democracy — atiejelmouallem.com Lebanon has adopted the consociational confessional framework of democracy due to its complex multi-religious sectarian population. These electoral
Dear readers, As we enter 2022 and make plans for our goals, let us look back at some of the most important events in the
Saudis Are Right To Warn of a Worrisome Collapse in Oil Supply – Bloomberg — www.bloomberg.com Highlights: – Saudi Arabia’s Oil Minister Abdulaziz bin Salman
In the New Year, never forget to thank your past years because they enabled you to reach today! Without the stairs of the past, you
Frankly Speaking: Groundwork being laid for Gulf economic union by 2025, says GCC chief Nayef Al-Hajraf | Arab News — www.arabnews.com Highlights: – Nayef Al-Hajjraf,
Wishing you a Merry Christmas, may all the positive vibes of Christmas shield you, and fill your life with joy and merriment. Dr. Atie J
India’s Reliance Agrees to Build $2 Billion Petrochemical Plant in UAE – Bloomberg — www.bloomberg.com Highlights: – Abu Dhabi National Oil Co. and Reliance are
Macron Announces Saudi Intiative to Solve Lebanon Crisis – Bloomberg — www.bloomberg.com Highlights: – Macron told reporters in Jeddah that he and the kingdom’s de
We’re ushering in next 50 years with a well-thought-out strategic vision: UAE President — gulfbusiness.com Highlights: – The UAE President Sheikh Khalifa bin Zayed Al
UAE announces citizenship for investors, medical doctors, skilled professionals, scientists and talented people | Government – Gulf News Highlights: – The decision to give people
What lessons can Électricité du Liban learn from EDZ to provide 24/7 Electricity — atiejelmouallem.com Over the last decade, Électricité du Liban transfers averaged 3.8% of Lebanon’s
UAE leaders say country ‘ready to host Cop28’ if selected — www.thenationalnews.com Highlights: – “The UAE has submitted a request to host the Cop28 conference
Deutsche Bank’s Top Money Maker Takes Big Risks and Earns Billions in Singapore – Bloomberg — www.bloomberg.com Highlights: – Shah may not be a household
Super-Rich Form Exclusive Club R360 for Billionaires, High-Net-Worth Individuals – Bloomberg — www.bloomberg.com Highlights: – Members with those values — which include honor, entrepreneurial grit
Google’s New Green Campus Brings Sustainability to Silicon Valley – Bloomberg — www.bloomberg.com Highlights: – Last year, Pichai announced Google’s plan to run every office