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Alternative Investments

11/07/2016

First: Eureeca Receives Equity Crowdfunding License from Dubai Financial Services Authority

Eureeca recently received approval from the Netherlands Authority for the Financial Markets.

11/04/2016

Uncovering hidden gems in the Middle East

New generation of entrepreneurs are creating significant opportunities for wealth managers across the GCC

11/03/2016

Nakheel beckons affluent Asians to Dubai's housing market

Nakheel invited about 200 high net worth individuals and property brokers in Singapore to an exclusive roadshow

11/03/2016

Oman UAE Exchange to offer real-time account credit facility

The service has been initiated for Bangladesh and is soon to be launched for Pakistan as well.

11/03/2016

Qatar insurers' aggregate balance sheet jumps 30% to QR39.7bn in 2015: QCB

The QCB insurance sector at the end of 2015 comprised some 12 firms

11/03/2016

Technology, banking sectors dominate Forbes rankings

Forbes Middle East shortlisted the top 100 global organisations with offices in the Middle East from the Forbes Global 2000 list

11/03/2016

KFH 9M net profit rises 16.5% to KD 123.1 mln – EPS clocks 23.86 fils, an increase of 16.4%; net operating revenues reaches KD 264.1m

Net operating revenues reached KD 264.1 million, i.e. a growth of 14.7 percent over the same period last year.

11/03/2016

Weakened buying interests trigger 129 point plunge for QSE

Trade turnover and volumes were on the decline in the bourse, where real estate, banking and consumer goods stocks together constituted about 69% of the total volumes.

11/03/2016

ENBD launches cognitive disabilities awareness drive

The launch was announced at the third edition of the #TogetherLimitless panel discussion

11/03/2016

Moody’s upgrades KFH Takaful

The company will enjoy preferential price of reinsurance operations.

11/02/2016

Dubai Investments Q3 net profit rises 35.9 pct

A conglomerate in which sovereign fund Investment Corp of Dubai owns an 11.5 percent stake.

11/02/2016

Abu Dhabi investor Mubadala said to weigh investing billions in Softbank tech fund- Bloomberg,citing sources

Abu Dhabi investor Mubadala Development Co said to weigh investing billions in Softbank tech fund

11/02/2016

Saudi Wealth Fund May Be World’s Least Transparent

Fund set to take ownership of Saudi Aramco names none of its investments, institute notes

11/02/2016

MMTC to sell sovereign gold coins to NRIs

In the domestic market, MMTC has now access to 383 bank branches through which it can sell these gold coins. 

11/01/2016

GFH shares hit 2-year high

GFH was the most active stock in trade contributing to 24 per cent of the total volumes.

10/31/2016

Abu Dhabi Global Market Named as "Financial Centre of the Year"

ADGM has formed close partnerships with vital local federal authorities, including the Central Bank of the UAE

10/31/2016

Dubai Gold and Commodities Exchange (DGCX) opens vital trading link to Chinese bullion

DGCX Shanghai Gold Futures Contract, which settles on the "Shanghai Gold Benchmark Price", is the foremost RMB denominated gold futures contract launched offshore.

10/31/2016

Dubai Chamber opens first trade office in China

There are currently 2,829 Chinese companies registered with the Dubai Chamber.

10/31/2016

Jordan Looks to Reinvigorate Trading With a New Exchange

Jordan has launched a new over the counter exchange to boost the competitiveness of the Kingdom’s capital markets

10/31/2016

Profit booking sees Index plunging 229 points

Local retail investors and domestic institutions were increasingly net sellers in the bourse.

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