Saudi Arabia embracing a more sustainable industrial development
The industrial sector is the backbone of robust nations and a key development focus for humanity. But can the sector…
Hedge Funds & Alternative Investments
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GFH acts as Joint Lead Manager on Dar Al Arkan's US$400mln sukuk issuance
GFH Financial Group has announced that it has acted as Joint Lead Manager, alongside other parties, on the pricing and…
Nigeria's United Bank for Africa expands into Middle East
Nigeria's United Bank for Africa said on Monday it has expanded into the Middle East, setting up operations in the…
Middle East investors revisiting asset allocation amid inflation concerns
Rising inflation and the recent Ukrainian invasion by Russia are prompting investors in the Middle East to reexamine their asset…
Saudi Arabia is among the highest performing venture capital markets in the region in 2022
Saudi Arabia has been one of the top-performing markets in the venture capital space in the Middle East and North…
Kuwait Zain's Q2 net profit rises 22% to $165mln; beats estimate
Kuwait-headquartered telecom group Zain has repoted a net profit of 50 million Kuwaiti dinars ($165 million), up 22% for the…
Swiss banks expanding operations in Qatar: Envoy
The relations between Switzerland and Qatar are “excellent,” and both countries are now in the “process” of increasing the presence…
QFC highlights Qatar's 'vast' investment prospects at Berlin and Munich
Qatar Financial Centre in collaboration with the Embassy of Qatar in Germany recently hosted breakfast roundtables in Berlin and Munich…
Fitch downgrades Turkey deeper into junk on 'spiralling inflation'
Fitch Ratings cut Turkey’s sovereign debt rating deeper into junk territory citing the country's “spiralling inflation”, government and central bank…
Qatar is an attractive home for investors: Official
Qatar is strongly committed to economic growth, diversification and developing new opportunities for international investors. There are significant growth opportunities…
As Dubai Gold Rate remains under Dh200/g, UAE shoppers keep buying
This week UAE residents were celebrating Eid Al Adha, and buying gold as shoppers decided a price below Dh200 a…
IMF says it held productive talks on new programme for Egypt
The International Monetary Fund (IMF) said on Friday it had held productive discussions during a staff visit to Egypt on…