Qatari stock market rebounds, Zain pulls back in Kuwait
Banking shares boosted Qatar's stock market on Monday as it rebounded from a five-year low, while Kuwaiti telecommunications firm Zain…
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UAE banks ranked first in GCC with $723bn in assets
The UAE banking system has been ranked the top banking sector in the Gulf region in terms of assets in…
Saudi Arabia sets up $1 billion fund to support SMEs
Saudi Arabia’s Public Investment Fund, the kingdom’s sovereign wealth fund, set up a 4 billion Saudi riyal fund (US$1bn) that…
Qatar discussing idea of dollar bond with market, no decision
Qatar has been discussing with banks the idea of issuing an international bond this year, but no decision has been…
Australia's Select Harvests rejects offer from UAE fund, shares jump
Australian almond producer Select Harvests Ltd said on Monday it has rejected a A$430.6-million ($334 million) takeover proposal from United…
Saudi sovereign fund creates $1.07 bln "fund of funds" to back SMEs
Saudi Arabia’s Public Investment Fund said on Monday it is creating a 4 billion riyal ($1.07 billion) “fund of funds”…
Dubai's KBW's appoints commercial chief to drive growth
Dubai-based KBW Investments has appointed a chief commercial officer to drive its growth strategy in the region. Aaron Chehab…
Bahrain state-owned oil company hires bankers for debut bond issue
The Oil & Gas Holding Company B.S.C., which is fully owned by the Kingdom of Bahrain, has hired banks to…
NBK awarded ‘Best Corporate for Investor Relations in Kuwait’
National Bank of Kuwait (NBK) was awarded “Best Corporate for Investor Relations” in Kuwait by the Middle East Investor Relations…
Who wants to be a Chief Investment Officer? by Gary Dugan
CIOs giving up on the markets - hedge funds close Radical shifts in strategic asset allocation as some Endowment funds…
Qatar offers business opportunities in sports
Fast growing Qatar, which is hosting 2022 FIFA World Cup, has offered abundant opportunities to companies in the sports and…
APQ Global adds two more to its international advisory council
Emerging markets fund manager APQ Global Limited has strengthened its International Advisory Council (IAC) with the appointment of experts in…