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Thomson Reuters - Projects MENA
Jordan's Arab Bank to launch $30mln fintech venture fund
Fund will make investments of between $1mln and $3mln, while new incubator will invest seed capital of $250,000 in smaller ventures
Amanat Holdings plans to raise debt, enter new markets
Chief investment officer Mohamad Hamade said the firm has used around 79 percent of its $680.7 million paid-up capital
Zain and Mobily bear more of the brunt of Saudi expat exodus than Saudi Telecom
As expats leave Saudi Arabia in their millions, 70% government-owned Saudi Telecoms shows less impact than Zain and Mobily - which cater to a lower value segment
Egypt's CIB progresses plans to launch digital bank
Bank executive says digital banks are key to bringing around 45 million eligible Egyptians into the formal banking sector

Higher projected oil prices to push some GCC countries to a budget surplus in 2018
According to the Energy Information Administration’s latest oil price projections and the IMF's fiscal breakeven oil prices, countries like the UAE, Qatar and Kuwait are likely to end the year with budget surplus
Stay, save and spend: New UAE visas for retirees could benefit insurance sector - analyst
The introduction of new visa rules for retirees in the United Arab Emirates (UAE) could boost demand for life insurance sector in the country.
All about the green: UAE's wealthy more likely to invest sustainably
Wealthy individuals from the United Arab Emirates are more likely to place a part of their portfolio in sustainable investments than their global counterparts, according to Swiss investment bank UBS.
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