Hedge Funds & Alternative Investments

Hedge Funds & Alternative Investments

Saudi hospitality sector receives another $399.7m in international investment

May 10, 2023

Saudi Arabia’s Ministry of Tourism has backed Dublin-based Kerten Hospitality’s “The Collective” initiative to establish projects worth a total investment…

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Hedge Funds & Alternative Investments

Egypt’s increases expected budget deficit rate to 6.9% for FY23/24: Finance Minister

May 10, 2023

The Minister of Finance, Mohamed Maait, announced today that Egypt increased its expected budget deficit rate to 6.9 percent for…

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Financial Results

Deyaar reports increase in Q1 2023 profits, exceeding AED 56mln

May 10, 2023

Deyaar Development  has reported increase in its profits in Q1 2023 compared to the profits of the same period in…

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Hedge Funds & Alternative Investments

Qatar's QSE inches towards 10,700 levels as demand soars for insurance, realty and banking stocks

May 9, 2023

The Qatar Stock Exchange  Sunday opened the week on a stronger note with its key index gaining as much as…

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Hedge Funds & Alternative Investments

Abu Dhabi accounts for 14% of global IPOs in first quarter of 2023

May 8, 2023

Abu Dhabi has accounted for 14 per cent of all initial public offerings worldwide in the first quarter of 2023,…

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Hedge Funds & Alternative Investments

AIX Investment Group wins Most Innovative Wealth Management Strategy award at Middle East Wealth Tech Awards 2023

May 5, 2023

AIX Investment Group, a leading investment advisory firm, was awarded the Most Innovative Wealth Management Strategy of the Middle East…

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Hedge Funds & Alternative Investments

Dubai Empower Q1 net profit down 6%, misses estimate

May 5, 2023

Dubai Financial Market-listed Emirates Central Cooling Systems Corporation, known as Empower, said it made a net profit attributable to owners…

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Hedge Funds & Alternative Investments

Aldar Properties reaffirms its commitment to Egypt

May 5, 2023

UAE’s Aldar Properties has reaffirmed its commitment to long-term strategic investment in Egypt after a media report said the property…

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Hedge Funds & Alternative Investments

Saudi’s SABIC Q1 profit plunges as sales prices, volumes fall

May 4, 2023

Saudi Basic Industries Corp  has cited pressure on global sales prices as it reported a year-on-year (YoY) profit fall of…

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Financial Results

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit

May 4, 2023

Abu Dhabi’s Aldar Properties posted a 22 per cent increase in Q1 2023 net profit to $228m (Dhs836m), driven by…

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Hedge Funds & Alternative Investments

Standard Chartered says Saudi Arabia has opportunities for growth

May 2, 2023

Saudi Arabia is an important market that is “growing and promising” and opens up large-scale banking opportunities for the region…

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Hedge Funds & Alternative Investments

Saudi's PIF intends to create 1.8mln jobs: Al-Rumayyan

May 2, 2023

Yasir Al-Rumayyan, governor of the Public Investment Fund (PIF), said that the total volume of the PIF’s assets under management…

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