Saudi wealth fund starts company for Egypt investments
Saudi Arabia’s sovereign wealth fund has started a company that will invest in swathes of Egypt’s economy from infrastructure and…
Hedge Funds & Alternative Investments
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Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium
The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC…
Exceptional year for UAE citizens’ housing, with financial support of over $6ln
The UAE’s citizens' housing file in 2022 has achieved significant regulatory progress, and attained massive financial allocations for federal and…
Saudi Arabia posts $20.8bn budget surplus in Q2, the highest at least since 2019
Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, the Ministry of…
Qatar initiates measures to curb rising inflation: Kamco Invest
Qatar, which is gearing up to host the FIFA World Cup later this year, has already initiated measures to curb…
Mohamad Majid (KPMG) on digital pillars of UAE's public sector
The economic and social turbulence caused by the pandemic has triggered a shift in consumer behaviour and expectations. Customers’ evolving…
CBRE advises on acquisition of Doubletree by Hilton in Marjan Island
Abu Dhabi’s biggest developer Aldar Properties has expanded its hospitality and leisure portfolio in the UAE with the acquisition of…
Banque Misr sells entire stake in EFIC
Banque Misr has sold its 9.98% stake in the Egyptian Financial and Industrial Company (EFIC), according to a recent bourse…
Ahlibank sponsors Omani Women's Association Initiative to support female job seekers
In line with its Corporate Social Responsibility, ahlibank announced its support for the training program to assist social security families…
Bahrain Clear launches Bahrain private market for closed shareholding companies
Bahrain Clear has announced on 1st August 2022 the launch of Bahrain Private Market, a new comprehensive platform for closed…
Allianz in Egypt launches 'Free Roadside Assistance Initiative' to assist drivers across Egypt during summer
Allianz in Egypt launched this summer the “Free Roadside Assistance Initiative” offered for all travelers across Egypt, especially on the…
GFH UK subsidiary Roebuck signs €400mln JV with ICG
GFH Financial Group B.S.C has announced that Roebuck Asset Management, its majority owned UK-based logistics asset manager, and ICG Real…