Dubai may exceed pre-pandemic international tourist numbers in 2023
Dubai could exceed the pre-pandemic annual number of international visitors this year following a growing influx of tourists, according to…
Hedge Funds & Alternative Investments
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Inside Dubai's real estate boom: Why Indian investors are dominating property purchases and set to continue in 2023
In 2022, Indians emerged as top home buyers in Dubai, with purchases worth Rs 35K crore, the recent report showed.…
RAK Properties appoints James Marsh as Chief Development Officer
RAK Properties PJSC, Ras Al Khaimah’s leading private property developer announces the appointment of James Marsh as their Chief Development…
Saudi Arabia transfers more Aramco oil shares to wealth fund
Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of…
Mubadala commits to invest $2.5bn in clean fuel in Brazil
Abu Dhabi’s Mubadala Capital plans to invest $2.4bn (BRL12bn) over 10 years to build a green diesel and sustainable aviation…
UAE property developer DAMAC plans 3-year US dollar Islamic bond – document
Property developer DAMAC Real Estate Ltd (DAMAC) has mandated banks to arrange investor meetings ahead of a potential three-year U.S.…
In Dubai, 'branded residences' are trending with buyers and developers
Go branded. As Dubai developers ramp up offplan launches to meet still swirling demand from overseas buyers, they are…
Social Development Bank plans to support SMEs with $6bn financing over next 3 years
Saudi Arabia’s Social Development Bank aims to support small and medium-sized enterprises with SR24 billion ($6.3 billion) financing over the…
Saudi Arabian fintech Hakbah closes $2mln funding
The Saudi Arabia-based fintech savings platform Hakbah has closed a $2 million, pre-Series A, funding round after it was granted…
The UAE’s top rank for safe investment is bolstering Dubai’s property sector
The UAE was ranked the seventh-best country to invest in globally in 2022 Nearly 60% of prospective buyers and 80%…
Middle Eastern wealth funds are readier than ever to shine – Global SWF
The position and momentum of Middle Eastern sovereign wealth funds (SWFs), especially in the GCC nations, are much better this…
Saudi Arabia on course to emerge as future luxury capital of the Middle East
As Saudi Arabia has firmly established itself as a top destination for high-end shopping, it may not be long before…