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Alternative Investments

10/19/2020

Saudi Arabia, Google partner in plan to ‘level-up’ Mideast

The program includes cloud training for local businesses, as well as workshops on advanced digital skills, such as a machine learning platform that will teach about 140,000 developers with a focus on women

10/19/2020

Abu Dhabi wealth fund ADQ said to pursue Bausch’s Egypt unit

ADQ has been evaluating the Bausch business, known as Amoun Pharmaceutical Co

10/19/2020

Dubai wealth fund readies bonds, COVID-19 may hit revenue

The group of banks mandated for the deal includes Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered

10/19/2020

MENA debt issuance reached $92.4bln in the first nine months of 2020

The UAE and Saudi Arabia were the most active issuer nations during the first nine months of 2020, according to Refinitiv

10/19/2020

Wealthier with ESG: Factor investors, ETFs in Middle East join investment boom

Nearly half of investors in EMEA more likely to make additional factor allocations

10/18/2020

Consortium of UAE investors comes to Jet Airways’ rescue

Jet Airways, founded by Naresh Goyal, had piled up debts of about Rs80 billion, and faces claims of nearly Rs360 billion, including salary arrears of employees.

10/18/2020

Why Gulf investment in US property will rise again after coronavirus crisis

Acquisition volume of Gulf investors in the United States fell 78% year-on-year between 2019 and 2020

10/16/2020

Saudi geologists aim to unlock Kingdom’s $1.3 trillion mineral wealth

The plan has a budget of SR2bn and is being driven by the Saudi Geological Survey which will survey an area of 600,000 km2 across the geological formation known as the Arabian Shield

10/16/2020

Dubai office market: Is this the best time to buy more space?

Knight Frank estimates suggest that there are 25 active projects within Dubai, with delivery dates up to 2024

10/16/2020

Employment rate in OECD countries fell to 64.6% in Q2 2020

In the euro area the employment rate decreased by 1.9% points, to 66.2% in the second quarter of 2020

10/16/2020

Turkish lira sliding as investors reject uncertainty, aggression – academic

The Turkish lira hit a fresh record low of 7.9591 per dollar last week.

10/16/2020

Standard Chartered and Experian drive financial inclusion

The success in India meant that Standard Chartered is now able to improve risk management for more clients who previously would have been underbanked.

10/15/2020

Self-employed can take unemployment pay from pension

Israel's Finance Ministry is allowing the self-employed to withdraw from private pension funds.

10/15/2020

Abu Dhabi Pension Fund, ADQ invest $2.1bln in ADNOC energy infrastructure deal

With the addition of domestic investors, ADNOC can also tap new pools of long-term equity capital

10/15/2020

Dubai's Arabtec asks banks for debt standstill for subsidiary, sources say

Arabtec told banks that Target had been identified as a sustainable business and could be protected from the collapse of the wider group if creditors agreed to a standstill, said three sources with direct knowledge of the matter.

10/15/2020

Global countries’ economic outputs painful but uneven. How will the UAE fare?

The IMF predicted on Tuesday that the world economy will shrink by 4.4% in 2020, a less severe contraction than it forecast in June.

10/14/2020

Emirates NBD Asset Management unveils 3 funds

New products target investors with cautious, moderate, aggressive profiles

10/14/2020

Buyers from the U.A.E. and U.S. Account for Highest Numbers of Mortgage Deals for U.K. Properties

Shoppers from Malaysia are purchasing the most-valuable homes

10/14/2020

Qatar ranks first worldwide on Digital Accessibility Rights Evaluation Index 2020

DARE Index 2020 data shows Qatar’s commitment toward the people with disabilities and including them digitally.

10/14/2020

Managing the Crisis: Financial restructuring from a tax perspective

Depending on the business model an organisation adopts, there is a set of tax considerations that are relevant in order to manage working capital.

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