As Middle Eastern economies continue their rapid development, investors increasingly need access to high quality content and data about markets in the region.
Responding to this trend, Thomson Reuters has fully integrated Zawya Financial Products into Eikon, its flagship desktop for financial services professionals.
Thomson Reuters Eikon now offers additional insight to financial professionals interested in the Middle East and North Africa (MENA) region, with expanded content and unique data from markets across the area. This includes data on regional M&A, private equity and IPO activity, as well as information on local bonds and funds. They will also gain insight into the MENA private market landscape with details on more than 25,000 MENA private companies.
Through the Zawya integration, Eikon users will have access to the most comprehensive coverage of Islamic markets globally including a database of companies working in the Islamic finance space and a database of shariah scholars.
Current users of Zawya Financial Products will be upgraded to Thomson Reuters Eikon so that they can benefit from Eikon’s broader global content coverage as well as its award winning analytical tools. They will also receive an Eikon Messenger account, allowing them to connect and communicate with over 250,000 verified financial professionals in more than 170 countries.
“We’ve long offered deep and broad coverage of MENA markets across a wide spectrum of content sets and data types,” said Nadim Najjar, managing director, Middle East and North Africa, Thomson Reuters. “With the integration of Zawya Financial Products into Eikon, we’re empowering both local and international users with new insight into the region, covering a much broader spectrum of non-listed companies. This demonstrates our commitment to connecting and enabling the local and international financial community with leading edge information and tools, helping them find the right business opportunities across the MENA region.”
The new content in Eikon includes detailed profiles of the top companies in the MENA region, as well as data on private equity funds and deals, M&A, bonds, funds and IPO activity. It also covers live news and comprehensive research. A depository of shariah and legal documents will also be accessible in Eikon, including the Accounting and Auditing Organization for Islamic Financial Institutions’ standards which govern the Islamic finance industry, fatawa (religious rulings) by leading Islamic banks and shariah boards, Islamic banking regulations in different jurisdictions, as well as product structuring guidance notes certified by shariah boards.