10/22/2019
Abu Dhabi Ports starts work on Marsa Mina waterfront project
Marsa Mina is expected to be completed and open to the public in the first quarter of 2020
Alternative Investments
10/22/2019
SoftBank to focus on AI and machine learning in hunt for new 'unicorns'
‘Companies may have to stay private for longer’ amid profitability debate, Faisal Rehman says
10/22/2019
Mubadala launches $150 million fund of funds and $100 million direct fund, to invest in startups in MENA
In addition to the fund of funds, Mubadala has also announced the launch of its $100 million direct fund that will invest in early-stage technology startups that are “committed to being part of Hub71 ecosystem.”
10/22/2019
DGCX welcomes RAKBANK to the exchange, underpinning its expanding member community
RAKBANK went live as a Trade Member on 10th of October, executing its first trades in the Indian Rupee-Dollar Futures contract
10/22/2019
Wealth focus: How factor-based investing can benefit Middle East investors
"We have seen a steady increase in the number of investors in the Middle East turning to factor investing to better manage their portfolios."
10/22/2019
Gulf Investment Fund outperforms on lower Saudi exposure
The investment adviser expects lower interest rates in some GCC countries to support economic growth amid headwinds from slower global trade, oil market uncertainty, and regional geopolitical risks.
10/21/2019
London’s Battersea Power Station to showcase its iconic development at Cityscape Qatar
Historically, London has been an attractive investment destination for Qatari investors due to its tax incentives and legislation that encourage foreign investment.
10/21/2019
Oman's startup opportunity
This trend is forecast to continue to 2040, when hydrocarbons are expected to account for just seven per cent of Oman’s GDP.
10/21/2019
Nasdaq Dubai lists two bonds totaling $1bln by Chinese bank
The two bonds of $500mln each bring the total value of all bonds listed on Nasdaq Dubai by ICBC to $4.56bln from nine issuances.
10/21/2019
Kuwait Central Bank governor rated amongst world's most successful in 2019
The evaluation is based on several criteria, including the management of inflation and interest rates alongside measures assumed to achieve economic growth and the stability of the local currency.
10/21/2019
Saudi Arabia prepares for third annual Future Investment Initiative
It will be hosted by prince Mohammed bin Salman bin Abdulaziz, the crown prince of Saudi Arabia.
10/21/2019
Abu Dhabi’s Mubadala launches $250 million MENA tech investment vehicles
The investment vehicles will be managed by Mubadala Capital and they will invest in start-ups as well as venture funds, enhancing Abu Dhabi’s status as a tech and innovation hub.
10/21/2019
Prime Central London Snapshot 2019
The UK’s education system is still highly preferred by many Middle Eastern HNWIs and this continues to be a key decision driver for choosing London over other global cities, along with factors including business interests and long-term capital prese
10/21/2019
YGroup teams up with Vecta Strategy to launch in Middle East
Since, offices have been opened in Zurich (Switzerland), Copenhagen (Denmark), Porto (Portugal), Gurgaon (India) and London (the UK), and headcount has grown to around 350 partners and consultants.
10/20/2019
A UAE recipe for success: Building an effective entrepreneurial ecosystem
Patience and high-quality mentoring crucial ingredients as country marches ahead
10/18/2019
Saudi Aramco delays planned launch of long-awaited IPO
Riyadh had been expected to sign off on key listing this week
10/18/2019
Volume of sukuk issuance from top Islamic finance markets steady in 2019 - Fitch
US dollar issuances from Turkey, Indonesia, Islamic Development Bank Trust Services Limited and First Abu Dhabi Bank alone raise a total of $6.5bln
10/18/2019
Time UAE remittance fees took a cut
Customers should be getting far more transparency on these charges
10/17/2019
Stifel Forms Strategic Partnership With Israel’s Ourcrowd
“Through this partnership, our clients will gain access to attractive, early-stage investment opportunities that have been typically restricted to traditional VC firms and family offices.”
10/17/2019
Sharjah starts marketing 10-year dollar sukuk - document
HSBC is coordinating the transaction, which is expected to close later on Wednesday