Dubai's Mashreq says CEO of investment unit resigns – statement
Mashreq, Dubai's third-biggest bank by assets, said on Thursday the chief executive of its investment unit, Abdul Kadir Hussain, has…
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Dubai Investments plans to launch $544m education, healthcare funds
Dubai Investments has announced plans to launch two funds in partnership with Al Mal Capital. Khalid Bin Kalban, managing…
How power players from the Middle East are diversifying their million-dollar investments
In April, Saudi Arabia announced Saudi Vision 2030, a mega plan to reshape and diversify the kingdom's oil-dependent economy. A…
Sovereign wealth funds throw funding lifeline to tech ventures: Reuters
A succession of funding deals by deep-pocketed sovereign wealth funds have thrown a life preserver to some of the world’s…
Saudi Arabia to issue real estate development fund sukuk
Saudi Arabia plans to issue an Islamic bond, or sukuk, for its Real Estate Development Fund by the end of…
Oman joins the queue of GCC bond market for first time
Oman plans to issue a sovereign dollar bond for the first time to plug a deficit left by tumbling oil…
Aramco listing lures banks with prospects of lucrative deals
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia’s state-owned oil giant Aramco…
QIB offers special Ramadan auto financing deals
Qatar Islamic Bank, Qatar’s leading Shariah-compliant lender, has once again partnered with major leading automotive dealers across Qatar to offer…
Top Kuwait bank sees growth as country spends as much as it can
Kuwait’s biggest bank sees growth in the industry quickening this year as the government boosts spending to counter the effects…
Ministry announce hajj registration deadlines
The Ministry of Awqaf and Islamic Affairs announced that the last date to register non-Kuwaiti pilgrims planning to go for…
Dubai Group to sell Shuaa stake to ADFG for Dh341m
Investment bank Shuaa Capital said on Wednesday that its biggest shareholder had agreed to sell its stake to Abu Dhabi…
Protecting human capital
Aside from risks specific to industries SMEs are operating in, they are just as vulnerable to the global economy, fluctuations…