Bahrain real estate transactions continue to grow amid moderate performance
Real estate transactions in Bahrain totalled 5,279 in Q2 2023, according to SLRB data. This marks an increase of 7.1%…
Hedge Funds & Alternative Investments
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UAE Corporate Tax: Are business owners better off drawing a 'salary' from their companies?
In ‘The Psychology of Money’, Morgan Housel coins an interesting concept – ‘appealing fictions’. This happens when you are…
Finance House Group announces H1 2023 financial performance
Finance House PJSC has released its condensed consolidated interim financial statements for the first half year ended 30 June 2023.…
EFG Hermes managed 4 IPOs on Tadawul in 2023: Co-Head of Investment Banking
EFG Hermes has managed several successful initial public offerings in the Gulf markets, particularly in Saudi Arabia, the UAE, Kuwait,…
Brevan Howard appoints Middle East CEO
Brevan Howard has announced the appointment of Oualid Lahsini as Chief Executive Officer of its Middle East business, and Head…
Insurance House announces H1 2023 financial performance
Insurance House PJSC (IH), one of the leading insurance institutions in the United Arab Emirates, predominantly recognised for offering exceptional…
Dubai house rents have jumped more than 20% so far in 2023
The Dubai housing market continued to grow over the summer, with average residential rents rising by 22% in the year…
Network International’s half-year revenues reach $239m
Dubai-based Network International Holdings’ half-year revenues surged by 17 per cent to $239m compared to the same period a year…
CBUAE revokes licence of money exchange firm
The Central Bank of the UAE has revoked the licence of Dirham Exchange, an exchange house operating in the UAE,…
Dubai's Emaar first-half profit surges 15% on higher sales
Emaar Properties, Dubai's largest listed developer, reported a 15 per cent surge in its first-half profit amid higher property sales.…
Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn
Dubai’s real gross domestic product (GDP) grew 2.8 per cent year-on-year in the first quarter of the year to reach…
GCC wealth funds set to expand global presence on growing liquidity buffers
Continued foreign currency generation will allow GCC-based sovereign wealth funds to extend their foray into global markets in the coming…