UAE watchdog seeks views on family office regulation shake-up
The Dubai Financial Services Authority has launched a consultation on the changes to family office regulation in the Dubai International…
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Dubai’s Mashreq approves $490mln dividend after profit nearly quadruples
The shareholders of Dubai’s Mashreq have approved a recommendation to distribute a cash dividend worth 1.8 billion UAE Dirhams ($490…
KKR Appoints Johannes Huth Chairman of EMEA
KKR has announced that Johannes Huth, Partner & Head of KKR EMEA, has been named Chairman of EMEA. In…
Investment Corporation of Dubai joins forum of sovereign wealth funds
Investment Corporation of Dubai, the investment arm of the Government of Dubai, has become a full member of the International…
How Abu Dhabi Fund’s first development project in Nigeria will serve the community
Abu Dhabi Fund for Development (Abu Dhabi Fund) has just signed an agreement with the Nigerian government to finance a…
Banks across Egypt, Morocco, and Jordan face an uncertain 2023
Banks across Egypt, Morocco, and Jordan face an uncertain 2023, marked by global economic instability and monetary policy tightening in…
GCC real estate on solid trajectory, upbeat on H1, says report
Buoyed by strong macroeconomic fundamentals, the real estate sector in GCC economies is on a solid trajectory to witness acceleration…
Lebanon’s inflation hits 124% as energy, healthcare costs soar
Lebanon’s inflation more than doubled in January, as rising living costs continued to impact consumers and businesses. The consumer…
Saudi Arabia’s Ma’aden and Bahrain’s Alba explore ways to strengthen cooperation in ESG
Saudi Arabian Mining Co., and Aluminum Bahrain, also known as Alba, have agreed to explore avenues for strengthening cooperation in…
SAMI’s new ‘Center of Excellence’ to be up and running by 2025: CEO
Saudi Arabia is set to create hundreds more jobs in the defense sector as Saudi Arabian Military Industries' new ‘Land…
Dubai's real estate market remains resilient despite global recession fear
The real estate market in Dubai will remain resilient despite fear of global economic recession or slowdown in major economies…
Saudi Arabia pauses wealth fund plan to acquire Egyptian bank – sources
Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold…