Saudi wealth fund PIF aims to draw more third-party capital in new five-year strategy
Saudi Arabia’s Public Investment Fund’s (PIF) new five-year strategy will be released soon and will include a focus on attracting…
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Egypt explores expanding SAP investments, digital skills programmes
Egypt’s Minister of Communications and Information Technology, Raafat Hindy, met on Sunday with Augusta Spinelli, Regional President for Europe, the…
Saudi Arabia issues first Major Payment Institution licence to Lean Technologies
The Saudi Central Bank has issued its first Major Payment Institution licence for open banking services to Lean Technologies. …
Dubai luxury property market brings developer sales of AED 10.92bln in March
Dubai’s luxury property market continues to show strong momentum, with developer sales of AED10.92 billion in March and a 42%…
Dubai Investments appoints Nishant Shah as the chief financial officer
Dubai Investments PJSC, has announced the appointment of Nishant Shah as its Chief Financial Officer. Nishant has been serving…
Blackstone invests $250mln in UAE payments infrastructure firm
Blackstone Inc. has invested $250 million in an Abu Dhabi–based payments technology platform, signalling confidence in the region despite heightened…
Dubai gold jumps after dip, buyers rush back as prices swing
Dubai gold prices moved higher on Friday morning, reversing part of the previous day’s decline and drawing renewed attention from…
Saudi AI company Humain partners with Turing to launch world’s first enterprise AI agent marketplace
Saudi company Humain has announced a partnership with US artificial intelligence company Turing to build what the two companies describe…
GCC wealth funds, SoftBank and Temasek part of US investment consortium backing AI projects
UAE’s Mubadala and Qatar’s wealth fund, along with Japan’s SoftBank and Singapore’s Temasek, have been named as part of a…
No consent, no cut: The UAE salary rule employers can’t ignore
Regional tensions have sparked broader concerns across GCC states, including the UAE, about the potential economic impact. A Gulf…
Egypt's cabinet approves 2026/27 budget with $96.7bln of spending
Egypt's cabinet approved the 2026/27 budget with 5.1 trillion Egyptian pounds ($96.7 billion) of expenditure, it said on Thursday in…
Lighthouse Canton sweeps Euromoney 2026; Named best independent wealth manager across Asia, Singapore and UAE
Lighthouse Canton has won three major honours at the Euromoney Awards 2026, being named Asia's Best Independent Wealth Manager for…