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Alternative Investments

05/10/2022

Mubadala extends co-investment with Hellenic Development Bank of Investments

The €400 million co-investment partnership, first signed in 2018, was renewed during the state visit to the UAE of Greek Prime Minister Kyriakos Mitsotakis

05/10/2022

Abu Dhabi ADNOC Distribution Q1 net profit rises to $183mln

Network expansion set to continue this year, says CEO

05/10/2022

Oman reports a budget surplus in Q1

The GDP of the Sultanate of Oman is expected to grow by 5.6%

05/10/2022

GFH Financial set to launch US operations with SQ Asset Management deal

Acquisition will see investment firm add 180 real estate professionals to its employee base

05/09/2022

Saudi Arabia Reportedly Will Invest In Israel Through Jared Kushner’s Fund

Kushner did not specify which Israeli businesses the firm would be working with

05/06/2022

Egypt equities in bottoming-out phase; low valuations attractive

Ample room for a rerating of Egyptian equities in 2024, says Indigo Frontier

05/05/2022

UAE interest rate hike: Property owners will do better locking in mortgage rates for '3-5 years'

Mortgage takers should also consider switching lenders if they get better rates

05/04/2022

Eid 2022 gifting: UAE consumers go for cashback schemes in a big way

Shoppers feel cashback and BNPL schemes offer a better chance at cost savings

05/03/2022

Saudi Arabia’s GDP grows 9.6 per cent in Q1 2022

The growth in GDP was driven by an increase in oil activities by 20.4 per cent, and a rise in non-oil activities by 3.7 per cent

05/03/2022

UAE gold prices drop: Shoppers get big price break for Eid Al Fitr, Akshaya Trithiya

In two weeks, UAE gold rate for 22K has shed around Dh15/g - and shoppers are back

05/03/2022

Boursa Kuwait records 60.67% jump in its Q1 net profit

The company’s earnings per share recorded an increase of 60.67% from 16.26 fils in the first quarter of 2021 to 26.13 fils in the first quarter of 2022

05/03/2022

Egypt’s top 9 investment deals so far in 2022

Fintech, logistics and e-commerce remain the most attractive sectors

05/03/2022

Abu Dhabi Investment Authority Funds $2 Billion US Industrial Property Venture with Rockpoint Group

ADIA built a sizeable portfolio of industrial real estate assets and continue to see attractive opportunities in the sector.

04/28/2022

Mashreq Posts AED 606 Million Net Profit For 1Q 2022

Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the quarter ending 31st March 2022.

04/28/2022

State Street GA targets financial advisers with first ever funds push in UAE

The registration of these funds is a milestone for us, marking the beginning of our wholesale distribution business in the region.

04/28/2022

UAE gold price at Dh215/g - should shoppers be buying or booking?

With high-demand Eid and Akshaya Trithiya ahead, shoppers get a big price break

04/27/2022

Saudi Arabia to launch first national strategy for intellectual property rights

“We intend to decrease the average patent registration time from 24-36 months to a year,”

04/27/2022

QIC Group reports robust net profit of QR230mn in first quarter

QIC Group also continued its efforts to enhance process efficiencies through automation and digitisation.

04/26/2022

London beats Dubai as top city for foreign investment in finance

Overall, the UK attracted 186 such projects valued at £1.1 billion in 2021, placing it second behind the 234 attracted to the US.

04/25/2022

NBK distributes dates and water to drivers before Iftar

As part of “Do Good Deeds in Ramadan Program”

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