UAE seeks to bolster economic, investment ties with South Korea
The UAE and South Korea have explored ways to strengthen economic and investment cooperation to promote entrepreneurship and support small…
Hedge Funds & Alternative Investments
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Dubai group swoops for Wolverhampton finance firm
A multinational group of companies headquartered in Dubai has made its first move into the UK financial services sector with…
Dubai International Chamber attracts five MNCs and 20 SMEs during Q1 2023
H.E. Sultan Ahmed bin Sulayem: The international offices play a major role in promoting Dubai as a city for business,…
PwC Middle East inaugurates its regional headquarters in Riyadh
PwC Middle East has received its Regional Headquarters license from the Ministry of Investment (MISA) and the Ministry of Commerce…
Ithmaar Holding shareholders approve plans to improve the capital of the company
Shareholders of Ithmaar Holding B.S.C. (Bahrain Bourse and Dubai Financial Market Trading Code: “ITHMR”), a Bahrain-based holding company, today (ed…
National Development Fund supports Saudi economy with $8bn financing in Q1
Saudi Arabia’s industrial sector and small and medium enterprises were among the key beneficiaries of the Kingdom’s National Development Fund…
Innovative financing solutions attract firms to UAE amid global capital crunch
The CEOs of major national banks have underscored the importance of the UAE government's efforts in providing subsidies, financing, and…
Supporting the UAE’s road to net zero as countdown to Cop28 begins
It is 179 days until the UAE opens the doors to Cop28, the world’s largest annual climate gathering, and the…
Saudi Arabia's special economic zones 'pivotal' to its future as an investment destination
Saudi Arabia's new special economic zones are “pivotal” to its present and future as a global investment destination, creating opportunities…
First-quarter profit of UAE’s top 10 banks up 35% on lower impairments
The combined net profit of the UAE’s 10 largest banks rose by 35 per cent on a quarterly basis in…
Saudi: Bupa Arabia’s profits surge 122% in Q1-23
The net profits before Zakat of Bupa Arabia for Cooperative Insurance Company hit SAR 230.13 million in the first quarter…
Aldar adds landscaping services to its growing property and facilities management platform through acquistion of Basatin
Aldar Properties has acquired Basatin Landscaping (Basatin) as part of its drive to further scale up and broaden its integrated…