The Central Bank of Oman raises repo rate to 4.5% in first increase since July 2023
The Central Bank of Oman (CBO) raised its repo rate by 25 basis points to 4.5 per cent effective Thursday, …
Hedge Funds & Alternative Investments
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UAE announces second issuance under Sovereign Retail T-Sukuk Programme with 5-year tenor
Following the exceptional success and strong investor demand for the inaugural issuance under the Sovereign Retail T-Sukuk Programme, the Ministry …
CBB raises overnight deposit interest rate by 25 basis points
The Central Bank of Bahrain (CBB) announced its decision to raise the overnight deposit interest rate by 25 basis points …
Forbes Middle East reveals its Top 100 Travel and Tourism Leaders 2026
The UAE leads the ranking with 56 entries, followed by Saudi Arabia with 18 and Egypt with eight. Hotels and …
Riyadh forum to examine the forces reshaping Saudi Arabia, wider MENAT
Around 150 senior business leaders, investors and policymakers will gather in Riyadh on Sept. 29 to examine the forces expected …
Gold prices today: Yellow metal inches higher ahead of Fed decision
Gold prices are inching upwards on Wednesday as high oil prices continue to fuel inflation concerns and as interest-rate hike …
Qatar Investment Authority invests in Positron AI's Series C financing
Qatar Investment Authority (QIA) today announced its participation in Positron AI's USD 875 million Series C financing, which values the …
Allianz Global Investors expands Middle East team with two senior appointments
Allianz Global Investors has announced two senior appointments to its Abu Dhabi office, underscoring the firm's commitment to expanding its …
Alpha FMC expands presence across the GCC with new office in Riyadh
Alpha FMC, a leading global consultancy to the financial services industry, has expanded its presence across the Gulf Cooperation Council…
EFG Hermes ONE co-launches ePassport verification for foreign investors
EFG Holding, in collaboration with Vlens, has received initial approval from the Financial Regulatory Authority (FRA) to join the FRA…
Middle East tensions and rate uncertainty keep lid on housing market
“According to Nationwide, UK house prices rose marginally by 0.2% in August, while annual growth increased to 1.6%, taking the…
Saudi banking assets climb to $1.5tn as lending expands
Saudi Arabia’s banking sector continued to grow in July, with total assets reaching SR5.75 trillion ($1.5 trillion), according to the…