All Articles

Hedge Funds & Alternative Investments

Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projects

December 8, 2022

Saudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East,…

Read More

Regulation, Risk & Compliance

Saudi monetary conditions are reassuring, says central bank governor

December 8, 2022

Saudi Arabia's central bank governor said on Wednesday that monetary conditions in the Gulf Arab state are reassuring as a…

Read More

Executive Moves

EFG International appoints Ali Sandila as the new CEO of its Dubai Advisory Office

December 8, 2022

EFG has announced the appointment of Ali Sandila as the new CEO of its Dubai Advisory Office, effective 01 December…

Read More

Hedge Funds & Alternative Investments

UAE: Gold prices drop in Dubai in early trade

December 7, 2022

Gold prices fell in the UAE at the opening of the markets on Wednesday morning.   In the UAE, the…

Read More

Tax

UAE announces VAT changes in gold, diamond sector

December 7, 2022

The Ministry of Finance has  announced the amendment of the VAT treatment on workmanship services when supplying gold and diamonds…

Read More

Regulation, Risk & Compliance

UAE: MoHRE launches automated system for employment contracts

December 7, 2022

The Ministry of Human Resources and Emiratisation (MoHRE) has launched an automated system to complete employment contracts without human intervention.…

Read More

Comment & Analysis

UAE: Employees look at new jobs with higher salaries in 2023

December 7, 2022

If UAE businesses want to retain their top talent, they will have to bump up salaries according to the latest…

Read More

Hedge Funds & Alternative Investments

MultiBank Group relocates its headquarters to Dubai

December 7, 2022

MultiBank Group, one of the largest financial derivatives companies in the world, has moved its headquarters to Dubai from Hong…

Read More

Property & Real Estate

At Dh690m for three Marina plots, Dubai sets new record for residential land sale

December 7, 2022

Into the final stretch of 2022, Dubai’s residential property market is still clocking in record deals, with a 100,000 square…

Read More

Comment & Analysis

Central Bank of Kuwait raises discount rate

December 7, 2022

Kuwait's discount rate increased by 0.50% from 3% to 3.50% as of December 7, according to a statement issued by…

Read More

Hedge Funds & Alternative Investments

Dubai keen to improve cooperation with global partners, support global economic growth

December 7, 2022

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today toured the 43rd…

Read More

Hedge Funds & Alternative Investments

UAE’s non-oil private sector growth slows amid concerns of global slowdown

December 7, 2022

The UAE’s non-oil private sector added new businesses at the slowest pace last month since September 2021 amid signs that…

Read More