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XSpot Wealth launches ESG plans and prepares to expand to Middle East

November 15, 2021

TRANSCRIPT   Dimitris Kantzelis is CEO of XSpot Wealth; the innovative, technology-driven wealth management company he co-founded to provide convenient,…

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Legal

Warning over UAE advert from 'leading investment company' with 'phenomenal' returns

November 15, 2021

Dubai-based Insight Discovery's Nigel Sillitoe has warned that an investment company claiming to generate phenomenal returns for investors over the…

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FinTech

UAE-based fintech Verity raises $800k to launch family financial app

November 15, 2021

UAE-based fintech startup Verity has closed a $800,000 pre-seed round as it prepares for the launch of its family banking…

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Comment & Analysis

Bahrain Investcorp leads $17mln investment in India's Wingreens Farms

November 15, 2021

Investcorp, a Bahrain-based alternative investment management firm, said on Monday it led a $17 million investment in India's packaged food…

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Hedge Funds & Alternative Investments

Deutsche Bank, UAE's FAB execute Middle East's first green repo transaction

November 15, 2021

First Abu Dhabi Bank (FAB), the UAE's largest bank, has executed the first green repurchasing (repo) transaction in the Middle…

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Comment & Analysis

GCC start-up & SME sectors recognised as key drivers

November 15, 2021

The strategic importance of the start-up and SME sectors in driving economic growth and diversification has gained even more recognition…

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Comment & Analysis

Markaz report signals sustained robust recovery for UAE's real estate sector

November 14, 2021

Kuwait Financial Centre 'Markaz' announced the launch of its ‘UAE Real Estate Outlook H1 2021’ report that features indicators signifying…

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Regulation, Risk & Compliance

UAE Government amends federal tax procedures

November 14, 2021

The United Arab Emirates (UAE) Federal Tax Authority (FTA) has amended Federal Law No. 7 of 2017 on Federal Tax…

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Environment and Sustainable Investments

League of Arab States to finalize pan Arab green hydrogen study by year end

November 14, 2021

The League of Arab States, an intergovernmental organization for Arab countries, is in the process of preparing a study and…

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Financial Results

GGICO posts Q3 loss at $6.55mln

November 14, 2021

The board of Dubai-based investment company GGICO (Gulf General Investments Co PSC) is considering the continuity of the company after…

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Comment & Analysis

Survey Finds 60% Of Employees Experience Frustration With New Software

November 14, 2021

Sixty percent of workers said new software had occasionally or frequently frustrated them within the past 24 months, according to…

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Comment & Analysis

Sukuk Perceptions and Forecast Study 2021: Thriving Amidst Uncertainty

November 14, 2021

Global sukuk issuance reached $147 billion in the first nine months of 2021, carrying over momentum from 2020 and on…

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