Dubai records over $653mln in realty transactions on Thursday
Dubai real estate market recorded 842 sales transactions worth AED1.96 billion, in addition to 112 mortgage deals of AED487.55 million,…
Hedge Funds & Alternative Investments
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General Pension and Social Security Authority approves draft annual budget for 2023
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs and Chairman of the Board of Directors of the General…
UAE’s unemployment insurance scheme to begin on January 1
The UAE’s Ministry of Human Resources and Emiratisation has signed an agreement with nine local insurance companies to launch the…
UAE's private sector is adding jobs at fastest pace since July 2016, with October PMI at 56.6
New job creation within UAE’s private sector accelerated during October at the ‘fastest pace since July 2016’, according to the…
Bahrain attracts $72.7m worth of investment in financial services
The Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain has attracted $72.7m (BHD27.5m) in direct investments during the…
Dubai records over $1.04bln in realty transactions on Monday
Dubai real estate market recorded 625 sales transactions worth AED1.67 billion, in addition to 101 mortgage deals of AED276.37 million,…
At $1,650 levels, gold is getting back consumer attention as safe haven
Global consumer demand for gold jewellery had its best quarter in some time as prices dropped 8 per cent during…
Korea to expand trade, investment footprint in Qatar: Kotra Chief
Korea will explore ways to enhance its trade and investment foot-print in Qatar which has a sound and stable business…
M7 opens Dubai office
UK-based asset manager M7 has opened an office in Dubai as part of its Middle East expansion plans. The…
Investcorp and Fung Capital set up new $500m fund to invest in mid-cap companies in China
Bahrain's alternative asset management firm Investcorp and Hong Kong-based private investment office Fung Capital will set up a $500 million…
UAE tops list of FDI senders to Egypt, says Egyptian PM
The UAE's foreign direct investment (FDI) in Egypt rose to US$ 4.6 billion in the first nine months of the…
Saudi Aramco sets up $1.5bln sustainability fund
Oil giant Saudi Aramco has set up a $1.5 billion sustainability fund to invest in technologies that can support net-zero…