UAE economy to grow more than 6% in 2022, IMF says
The UAE economy is set to grow by more than 6 per cent this year, after expanding by 3.8 per…
Hedge Funds & Alternative Investments
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ADGM partners with 3 banks to support businesses in Abu Dhabi
Abu Dhabi Global Market, the international financial centre in Abu Dhabi, has partnered with Abu Dhabi Islamic Bank, Wio Bank,…
Qatar’s real estate firms anticipate sustainable growth
As the FIFA World Cup 2022 is underway in Qatar, real estate companies in the country are poised for a…
UAE: Gold prices drop in Dubai in early trade
Gold prices fell remaining steadied early in the day on Wednesday, as signs of cooling US inflation boosted bets for…
UAE, Saudi spur GCC retail sales surge to $297 billion
Powered by a buoyant retail sector in the UAE and Saudi Arabia, retail sales across the GCC will jump 15.7…
Saudi Aramco to pump $7bn into biggest petchem investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate’s factory in the port city of Ulsan to turn…
UK asset management firm, Seventy Ninth Group expands operations into Dubai as part of global growth strategy
One of the fastest-growing asset management companies in the United Kingdom, The Seventy Ninth Group, has expanded global operations with…
Aramco says hydrogen talks with Japan, South Korea are advancing
Saudi Aramco is making progress in talks to supply blue hydrogen to Asia in the next five years, according to…
Jordan's economy posts faster growth despite global turmoil – IMF
Jordan's growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have…
GCC retail sector overall will see 15.7% YoY growth in 2022 – Alpen Capital
The GCC retail industry will surpass pre-pandemic levels in 2022 as it returns to steady growth after a period of…
Saudi Arabia’s PIF ups stakes in Meta and Alphabet in Q3
Saudi Arabia’s Public Investment Fund further increased its stakes in Meta and Alphabet in the third quarter of 2022, as…
Sohar International extends support to SQU to sponsor 7th International USERN Congress
As part of the bank’s ongoing endeavours to contribute toward nurturing a knowledge-based economy, Sohar International recently extended its unwavering…