01/03/2024
Saudi Arabia’s PIF tops 2023 global sovereign fund ranking with $31.6bn investments
This aligns with the strategic goals of Saudi Arabia’s Vision 2030
Alternative Investments
12/29/2023
UAE leads Gulf real estate deals in 2023
Value of real estate deals in the GCC countries reached $171.6 billion from January to October 2023
12/29/2023
Bupa Arabia inks $90mln insurance agreement with SNB
Under the agreement, the listed company will provide health insurance services to the bank’s employees as well as their families for one year, effective from 1 January 2024
12/28/2023
In Dubai, developers will ‘pounce’ on any new land releases: Vincitore’s Vijay Doshi
Land prices in Dubai have ‘doubled’ in 2 years, and only new releases can help
12/28/2023
Saudi lures the super-rich with mansions, superyacht hub in new NEOM project
NEOM confirms it will develop Norlana, a wellness community on the Gulf of Aqaba’s coastline
12/28/2023
GCC region M&A blazes trail as global deals decline
The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future
12/27/2023
Ratings of Antares Re and Qatari parent are affirmed
AM Best said an offsetting factor is the concentration of QIC’s assets towards Qatar and the Gulf Cooperation Council countries
12/27/2023
RAKEZ partners with CBI to enhance business banking processes for RAKEZ clients
This collaboration is designed to foster financial inclusion by streamlining access to a comprehensive range of financial services
12/22/2023
Extraneous factors lift QSE sentiments as index crosses 10,200 levels; M-cap adds QR3.66bn
The Arab institutions’ weakened net selling had its influence in the main market, which regained from an intraday low of 10,103 points.
12/22/2023
Buna Boom: Network reaches 105 banks, boosting regional payments
The meeting reviewed the Fund's activities and its key efforts across various sectors
12/21/2023
Emiratisation: MoHRE urges companies to meet 2023 targets
The ministry warned that companies that fail to comply with Emiratisation will be required to pay fines from January 2024
12/21/2023
SMEs in Saudi Arabia grow by 3.5% during 3Q of 2023
This growth is attributed to the government's support for the private sector's development and investor confidence in the Saudi economic system
12/21/2023
S&P upgrades OPEC Fund rating to 'AA+/A-1+' Outlook Stable
S&P also affirmed its “A-1+” short-term issuer rating
12/20/2023
Liva Insurance receives three prestigious awards at 100 Signature Luxury Awards
Signature Luxury 100 is a red-carpet gala event which brings together high net-worth guests, decision makers, connoisseurs and icons from the world of luxury and lifestyle
12/20/2023
Investcorp Capital signs up Arqaam for key advisory role
Investcorp has over four decades of experience and expertise in delivering attractive returns across multiple strategies, sectors and geographies.
12/20/2023
Israel Based Phoenix Leverages Broadridge's Order Management System to Drive International Institutional Trading Expansion
Institutional clients benefit from direct market access to the Tel Aviv Stock Exchange
12/19/2023
Ajman is keen on developing its trade with Bahrain and attracting Bahraini investors
Mohamed Ali Al Janahi praised the fraternal and deep-rooted relations between the UAE and the Kingdom of Bahrain
12/19/2023
IIA Qatar conducts training on emerging enterprise risks
The emerging risks to move from reactive to proactive risk management.
12/18/2023
The Turkish central bank invites foreigners to invest in lira-denominated government bonds
This recovery in investment follows large interest rate hikes in recent months that have restored traction on the market.
12/18/2023
Azizi Developments renews partnership with Italian-based Elba for six buildings in Riviera’s fourth phase
Elba will supply premium kitchen sinks and kitchen mixers