Egyptian banks’ net foreign assets to recover after devaluation
Egyptian banks’ net foreign assets should continue to recover following the devaluation of the Egyptian pound due to a boost…
Hedge Funds & Alternative Investments
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The BIBF and Bahrain Bourse launch a series of webinars under the investment academy
The Bahrain Institute for Banking and Finance and Bahrain Bourse have announced the launch of a series of free one-hour…
Robo-advisers democratise investing and promote financial inclusion, experts say
The advent of robo-advisers in the Middle East and North Africa region has encouraged savings, improved investor decisions, democratised investing…
Sovereign Group acquires PRO Partner Group to further expand its GCC footprint
Sovereign Group has announced the acquisition of PRO Partner Group, one of the foremost company formation and corporate services providers…
Abu Dhabi’s IHC completes $2bn investment deal with Adani Group
Abu Dhabi’s International Holding Company has completed a Dh7.3 billion ($2bn) investment deal with India’s Adani Group that is led…
Qatar: Insurance sector in good stead in 1Q2022
Qatar's insurance companies witnessed robust growth in net premium, while their net claims declined steeply in the first quarter of…
Tamkeen signs deal with Bahrain's BBK to support private sector
Bahrain’s Labour Fund has signed a new strategic partnership agreement with the Bank of Bahrain and Kuwait to provide financing…
Amethis, EBRD and SPE Capital acquire GlobalCorp
A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE AIF I,…
Tradewind Finance announces US$ 1bln in funding globally
Tradewind Finance has announced the completion of its US$1 billion funding for 2022 - a development that’s widely expected to…
Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months
Dubai’s residential property market experienced a significant increase in prices in the past 12 months as the city saw an…
Saudi Aramco becomes world's most valuable stock as Apple drops
Saudi Aramco overtook Apple Inc. as the world's most valuable company, stoked by a surge in oil prices that is…
Dubai’s Aramex eyes new acquisitions as it posts small Q1 net profit growth
Dubai-based logistics operator Aramex is eyeing new acquisitions this year as it a posted a small rise in Q1 2022…