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Alternative Investments

12/26/2018

Dubai joins India’s GJEPC in its MyKYCBank initiative

The GJEPC had launched the MyKYCBank initiative after billionaire Nirav Modi defrauded Punjab National Bank (PNB) to the tune of Rs13,000 crore along with his uncle Mehul Choksi early this year.

12/26/2018

Egypt, UAE and Tunisia among best countries worldwide in developing renewable energy

The report stated that the UAE has become one of the best countries in developing energy efficiency.

12/24/2018

Kuwait's NREC pens $200m Grand Heights Egypt deal

NREC subsidiary Kuwaidco and Bader El Dean Group to develop 35ha townhouse community west of Cairo

12/20/2018

The $259bn question: Saudi Arabia's 2019 budget under the microscope

Some say the budget is achievable because oil prices are currently “irrationally depressed

12/20/2018

Mideast entrepreneurs among world’s most ambitious and dynamic communities: HSBC

The report, which researched views of more than 3,700 successful entrepreneurs across eleven countries, revealed that the entrepreneurs in the Middle East tend to set up their businesses at a younger age against their global counterparts.

12/20/2018

Dubai's ultra-prime property still a magnet for investors

Supply in the ultra-prime category is still somewhat limited in Dubai

12/20/2018

Nasdaq Dubai to Launch Futures on MSCI Index in January

With the exception of Kuwait, Gulf Arab stock markets have been slow to introduce futures and options.

12/19/2018

Dubai sovereign wealth fund records 23% uptick in first half revenue

The Investment Corporation of Dubai posts Dh115bn in revenue

12/19/2018

BoI rallies Dubai investors on bilateral investment opportunities

He assured that the chamber would extend all necessary support to improve trade and investment relations between Nigeria and Dubai.

12/19/2018

Dubai’s property market slump hits construction sector

While 865 developers were registered with the Dubai Land Department in 2018, one in four had projects currently active

12/18/2018

Shuaa Capital begins consolidation after buying Kuwait’s Amwal

Shuaa said earlier this year that it had struck a deal to boost its stake in Amwal to more than 87 percent.

12/17/2018

NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank

CEO outlines NBK Capital’s strategy in interview with Sky News Arabia

12/17/2018

Boom years ahead for Middle East

Growth ahead in next 8-10 years; UAE, Saudi Arabia to lead region

12/17/2018

Saudi pledges Tunisia financial aid of about $830m

Tunisia is struggling to cut its budget deficit and stabilise falling foreign currency reserves

12/17/2018

Qatar Fund building venture capital unit for US startups

Saudi Arabia has since grabbed the spotlight for technology deals after pumping US$3.5 billion into Uber and allocating US$45 billion to SoftBank Group Corp.'s Vision Fund.

12/17/2018

Kuwait allows limitless foreign trade, ownership in bank shares

The ministry said the decision aims to attract and facilitate foreign investment in Kuwait especially in the banking sector.

12/14/2018

UAE Forum Opens Room for Debating 2019 Economic Prospects

The world’s economy is in constant movement.

12/13/2018

Abraaj Credit Fund to Be Taken Over by Kuwait's NBK CapitalNBK to make nominal payment to take over fund’s management

NBK to make nominal payment to take over fund’s management

12/13/2018

Kuwaiti investor spends £39m on London office building

The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU.

12/13/2018

Building and construction sector vital for realizing ‘New Kuwait 2035’ vision

Al-Subaih said that working towards achieving the vision of “New Kuwait 2035” requires the spirit of work and initiative to overcome all difficulties and obstacles

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