Egypt: CBE reports 12.7% rise in domestic liquidity in seven months
The Egyptian banking sector has witnessed a significant increase in domestic liquidity, reaching EGP 8.343trn in July 2023, up from…
Hedge Funds & Alternative Investments
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No audit for Saudi firms with revenues under $2.7m
Saudi Arabia has stepped up its efforts to boost entrepreneurship in the country, with the Commerce Ministry exempting micro and…
Estithmar Holding announces new subsidiary in Jordan
Estithmar Holding Q.P.S.C. announced yesterday the establishment of a new subsidiary company with limited liability in Jordan. Estithmar Holding…
Bahrain-listed firms’ net profits fall 58%
Bahrain-listed companies’ net profits fell by 58 per cent year-on-year (y-o-y) in Q2-2023, dragged down by declines in the materials,…
CBK OKs Gulf Bank's capital rise by $84.7mln
The Gulf Bank on Wednesday announced the Central Bank of Kuwait approval to increase its issued and paid-up capital by…
Saudi partnership for Tempest superjet to 'speed up' project
Saudi Arabia’s request to be a primary partner in the advanced Tempest fighter could “speed up” the project’s development, military…
Assets of Kuwait wealth fund’s London unit surge to $250bln
London-based Kuwait Investment Office (KIO), the international arm of one of the largest sovereign wealth funds in the world, has…
Qatari enterprises ranked among Asia’s Best Workplaces list
Great Place To Work, yesterday announced this year’s Best Workplaces in the Asian region, which witnessed several companies in the…
QSE gains 35 points on buying support from industrials, consumer goods, realty and banking sectors
The Qatar Stock Exchange was back in black Tuesday with its key index gaining as much as 35 points as…
Retail sector sees healthy growth in Q2
Qatar’s retail market has witnessed a steady rise during the second quarter (Q2) of this year. Qatar’s retail spending has…
Bermuda receives approval for Middle East representation
Approval has been given by Britain for Bermuda to have formal representation in the Middle East, it was announced. Financial…
Women investment in the UAE is expected to grow by 50% in 2023 over previous year
Women investors diversified their investments across key sectors including Real Estate, Technology and Healthcare The United Arab Emirates has witnessed…