EBRD sees significant increase in Turkey investment this year
The European Bank for Reconstruction and Development (EBRD) will significantly increase investment in Turkey this year, a top official said…
Hedge Funds & Alternative Investments
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Pace of hiring at UAE companies to slow this year after a bumper 2022
While most UAE companies ramped up their workforces in 2022 and is set to continue to do so buoyed by…
UAE to make remote services mandatory for all healthcare providers
It will be mandatory for all healthcare providers in the UAE to provide at least one form of remote services…
Dubai-listed Amanat's CEO resigns after six years with company
The CEO of Dubai-listed investment company Amanat has resigned to pursue other interests, the company told Dubai Financial Market (DFM)…
Service fee cut drives Capital’s real estate in 2022
The Abu Dhabi real estate thrived as the government policy actions benefit the sector and attract foreign investors towards the…
Linklaters advises Abraj Energy Services on Oman’s largest IPO in over a decade
Linklaters advised Abraj Energy Services SAOG, Oman's largest provider of onshore drilling services, on its recent IPO. Linklaters also advised…
City Centre Bahrain welcomes 60 new lifestyle brands to its expanding retail portfolio
With over 340 retail outlets and 14 million visitors each year, homegrown brands contribute to over 15% of Majid Al…
Saudi Wealth Fund Starts New Airline Headed by Former Etihad CEO
Saudi Arabia’s wealth fund has named former Etihad Aviation Group boss Tony Douglas chief executive officer of a new national…
Middle East non-oil economy will continue to surge in 2023: PwC chairman
The growth of the Middle East’s non-oil economy will continue to progress into 2023 as the GCC economies continue to…
Dubai’s Union Properties returned to profit in 2022 but faces dissolution vote
Dubai-based Union Properties returned to a profit of AED 30 million ($8.2 million) in 2022. However, the developer will present…
Abu Dhabi-based IHC’s 2022 profit surges to a record $8.9bn
International Holding Company said its annual net profit surged 181 per cent in 2022 to a record $8.9bn (Dhs32.6bn), the…
Dubai records over $408mln in realty transactions on Thursday
Dubai real estate market recorded 502 sales transactions worth AED1.2 billion, in addition to 98 mortgage deals of AED388.51 million,…