Abu Dhabi’s ADNH signs Dhs1.6bn loan to fund acquisition of Dubai hotels
Abu Dhabi National Hotels (ADNH) has signed a Dhs1.6bn ($435m) loan facility with First Abu Dhabi Bank to acquire a…
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Global Saudi Equity Fund outperforms TASI
Global Investment House Saudi has announced that the Global Saudi Equity Fund has reported another successful year in 2018. It…
Over half of UAE based investors believe a slowing global economy will be biggest risk to their investments in 2019: survey
New research* from Old Mutual International and Quilter Cheviot Investment Management has revealed that increasing numbers of UAE based investors…
Combined growth in the GCC region expected to be at 3.0% in 2019: Markaz
Kuwait Financial Centre “Markaz”, recently released a report highlighting the top economic and investment themes that will shape the economic…
Nasdaq Dubai expands futures trading with MSCI UAE launch
Nasdaq Dubai on Tuesday launched futures trading on the MSCI UAE equity index, in the latest expansion of the exchange’s…
Investcorp, Coller form $1bn European equity fund
Bahrain-based alternative investment manager Investcorp said on Monday it was forming a $1bn European private equity portfolio with Coller Capital.…
UAE Retains its Place in the Top 5 Countries in the World to Work
New year, new job, new country? A stint abroad could be the key to unlocking a more confident, creative and…
Banking results to set tone for UAE stocks
Traders on UAE bourses waiting for a trigger have been selling at every recovery even as they eye the fourth…
Former Barclays bosses deny fraud over £6bn Qatar fundraising during the financial crisis
Barclays' former boss has appeared in court to deny fraud charges. John Varley and three colleagues – including Roger…
Qatar sovereign wealth fund to boost US portfolio to $61b
Qatar Investment Authority aims to raise its US investments to US$45 billion (S$61 billion) in the next two years as…
Saudi's Riyad Bank picks Goldman to advise on talks with NCB: sources
Saudi Arabia’s Riyad Bank 1010.SE had chosen Goldman Sachs to advise on its merger talks with National Commercial Bank 1180.SE,…
Top Mideast banker pay cut by up to 25%
Salaries for top banking and finance professionals in the Middle East have been slashed by as much as a quarter…