12/19/2019
The fund of funds was launched at a ceremony held in Riyadh on Tuesday. During the ceremony, it was also announced that Jada will be investing in Khobar-based Raed Ventures and Vision Ventures, which happen to be among the most active Saudi VCs lately.
12/19/2019
Depressed demand will meanwhile keep a lid on crude prices and hence Aramco’s valuation next year, despite oil producers further cutting supply.
12/19/2019
Investment Corporation of Dubai says revenues for six-month period fall by 7.7% to nearly $29bn
12/19/2019
MSCI is the world's largest index provider, whose emerging-market group of indexes has about $1.8 trillion of assets tied to it.
12/18/2019
She added that the UAE’s results reflect its years of dedication and continuous work to achieve the vision of its leadership to create a stimulating investment environment and a strong economic infrastructure, which will attract foreign investment.
12/18/2019
From Singapore to Dubai, emerging hub cities attract talent because of their world-class infrastructure, aviation sector and friendly business environment.
12/18/2019
Seven Tides plans to launch a week-long incentive for its Palm Jumeirah - Seven Palm project in wake of spike in Sterling's rise against US dollar
12/18/2019
The MoU was signed by Massimo Falcioni, CEO of Etihad Credit Insurance, and Abdulfattah Sharaf, Chief Executive Officer, UAE and Head of International, HSBC, in the presence of senior officials from the two institutions
12/17/2019
Property Monitor Dynamic Price Index for November shows a MoM change of -1.35% and a YoY change of -11.63% in property values
12/17/2019
The timing is perfect for Saudi Arabia and its African counterparts to leverage their respective synergies, says Isaac Kwaku Fokuo Jr
12/17/2019
Specific industries in the UAE are poised to experience significant market-range salary increases in 2020
12/16/2019
Adani Electricity Mumbai is the licensee of an integrated power distribution, transmission and generation business in Mumbai, where it holds 87% of the city’s electricity market.
12/15/2019
Works cover utility infrastructure development, including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting.
12/15/2019
The UAE banks' exposure to the real estate sector increased by 40 bps in Q3 2019, presenting a concentration risk
12/15/2019
Kuwaiti company now boasts share capital of $112.5 million
12/13/2019
Sovereign wealth funds now maintain roughly $8 trillion in assets under management, even higher than the world’s hedge-fund or private-equity markets.
12/13/2019
Croatia is already present in the country, thanks to the start-up STEMI, whose robots are teaching people from UAE how to programme, create 3D-models and their own mobile apps.
12/13/2019
Dubai’s economy grew at just 1.94% last year, its slowest pace since the dark days of the city’s near economic collapse in 2009.
12/12/2019
US continues to be group’s main portfolio market with $100 billion in investments
12/12/2019
Following this initial $800 million investment, the SoftBank Vision Fund invested an additional $655 million in Greensill in October 2019, making a total of $1.455 billion.