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Financial Results

QCB foreign reserves jump by 14% in June; central bank issues treasury bills worth $1.37bln

July 7, 2023

International reserves and foreign currency liquidity of the Qatar Central Bank  jumped last June to reach QR240.742bn, an increase of…

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Hedge Funds & Alternative Investments

UAE, Pakistan business relations strengthen, new deal to explore renewable energy projects

July 7, 2023

The UAE and Pakistan on Thursday signed a memorandum of understanding (MoU) for opportunities and development of renewable energy projects…

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Environment and Sustainable Investments

NEOM green hydrogen project on track for 2026 completion

July 7, 2023

Global utility project developer Acwa Power has announced that work is currently underway on its ambitious green hydrogen facility at…

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Sovereign wealth

Abu Dhabi's ADQ acquires minority stake in Canadian investor

July 7, 2023

Sovereign-wealth investor Abu Dhabi Development Holding Co., (ADQ),  and Canada's Bank of Montreal (BMO) have agreed to acquire minority equity…

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Hedge Funds & Alternative Investments

US Hedge Fund Verition sets up office in DIFC

July 7, 2023

US Hedge Fund Verition has opened an office in Dubai International Financial Centre  as it eyes global expansion.   The…

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FinTech

Major Saudi cybersecurity improvements attracting investors, London forum told

July 7, 2023

Major improvements in Saudi cybersecurity are increasing the Kingdom’s attractiveness to investors and seeing it develop a reputation as a…

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FinTech

Generation 42 Abu Dhabi Inspires Next Generation of Emirate’s Digital Leaders

July 6, 2023

Coding school 42 Abu Dhabi has unveiled Generation 42 Abu Dhabi, a community of coders with a mission to shape…

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Regulation, Risk & Compliance

The Central Bank of Bahrain signs a Memorandum of Understanding with Naisbitt King

July 6, 2023

In the presence of and on the sidelines of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown…

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Hedge Funds & Alternative Investments

UAE: Re-exports can fast-track Emirates' economic ambitions

July 6, 2023

On March 28 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE…

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Comment & Analysis

How well are you being served by your bank?

July 6, 2023

When was the last time you received exceptional service from your bank? Something that made you go ‘Wow!’.   Last…

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Hedge Funds & Alternative Investments

Dubai SME members receive Dhs1.12bn in procurement contracts in 2022

July 6, 2023

Emirati entrepreneurs and national enterprises affiliated with the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME)…

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Hedge Funds & Alternative Investments

Egypt secures $1blnin financing from ITFC in 2023

July 6, 2023

The International Islamic Trade Finance Corporation (ITFC) has financed the Egyptian government with around $1 billion since the beginning of…

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