Family businesses contribute 60% of UAE’s GDP: KPMG
Family-owned businesses remain powerful and influential organisations in the UAE in general and Dubai in specific contributing 60% of the…
Hedge Funds & Alternative Investments
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Bahrain's economy grew by 4.9% last year, the highest since 2013
Bahrain's economy grew by 4.9 per cent in 2022, the highest rate since 2013, underpinned by a robust performance in…
Al Alamiya Insurance appoints Kamran Mazhar Jaffery as CEO
Al Alamiya for Cooperative Insurance Company has announced the appointment of Kamran Mazhar Jaffery as its new Chief Executive Officer,…
Real GDP growth projected to expand by 4.3% in 2024: UAE Central Bank
The Central Bank of the United Arab Emirates has projected the country's annual real GDP growth to expand by 4.3…
UAE exchange firm Al Ansari raises $210mln in IPO
UAE-based exchange house Al Ansari Financial Services has raised AED 773 million ($210.5 million) in its initial public offering after…
Foreigners will be allowed to own property in Saudi Arabia: REGA chief
Abdullah Alhammad, CEO of the Real Estate General Authority, acknowledged that real estate prices are high owing to a gap…
UAE exchange firm Al Ansari upsizes IPO on strong investor demand
UAE-based exchange house Al Ansari Financial Services, which is looking to raise up to AED 772.5 million ($210.4 million) in…
Saudi, UAE investors plan to invest in SpaceX – The Information
A unit of Saudi Arabia's investment fund and an Abu Dhabi-based company are planning to invest in a multi-billion dollar…
Abu Dhabi's Mubadala, Ares set up $1bln JV to invest in credit secondaries
Abu Dhabi's strategic investor Mubadala Investment Company and Ares Management Corporation have set up a joint venture with approximately $1…
Dubai to launch new gold and silver coins
DMCC, the Government of Dubai Authority on commodities trade and enterprise and a flagship free zone, has revealed prototypes of…
Dubai's highly popular d3 office district to have first residential offerings
The first freehold homes are being launched at Dubai Design District (or d3), a location which has been extremely popular…
76% UAE jobseekers want traditional five-day workweek: Boston Consulting Group report
Busting a major recruitment myth, a new report from Boston Consulting Group and The Network has revealed that 76 per…