Dubai International Chamber to open representative office in Israel
Dubai International Chamber will open a representative office in Tel Aviv to facilitate trade and investment between business communities in…
Hedge Funds & Alternative Investments
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Canada fund CDPQ to invest $5bn in DP World’s Dubai assets
Caisse de Depot et Placement du Quebec agreed to invest $5bn in DP World’s Dubai assets as the port operator…
DIFC advances Dubai's status as preferred global financial, innovation hub among US institutions
Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia (MEASA), has generated…
Umniah Bank AGM reviews bank’s plans, strategy and financial results
Umniah Bank’s Annual General Assembly (AGA) that was held in Casablanca, Morocco recently reviewed the bank’s plans, strategy and financial…
Combating poverty has always been a top-priority objective in IsDB’s partnerships
The Islamic Development Bank Institute organized the 16th Islamic Development Bank Global Forum on Islamic Finance under the theme "Poverty…
Abu Dhabi Borouge rises in debut trading on ADX
Shares of Abu Dhabi-based petrochemicals company Borouge Plc, which listed on the Abu Dhabi Securities Exchange (ADX) on Friday, rose…
Al Etihad Cooperative inks bancassurance deal with Saudi National Bank
Al Etihad Cooperative Insurance Company has reached a three-year bancassurance agreement with Saudi National Bank (SNB) to sell its insurance…
Saudi Arabia leads declines among Gulf bourses
Most Gulf markets ended lower on Thursday on growing concerns over inflation and recession and as oil prices slumped following…
How the UAE, Egypt and Jordan industrial partnership will lift vital sectors
The industrial partnership between the UAE, Egypt and Jordan aims to foster regional economic integration, capitalise on competitive advantages, develop…
Sheikh Maktoum meets HSBC Holdings chairman in Dubai
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on…
ICD bounces back with Dh10.1 billion in profit
The state-owned Investment Corporation of Dubai returned to a full-year profit in 2021, rebounding from a pandemic-induced $5.15 billion loss.…
Israel to Launch Long-Delayed Sovereign Wealth Fund
Israel is set to start up its long-delayed sovereign wealth fund, using profits from its natural gas, media reports said.…