Abu Dhabi added 80 economic activities in 2021
Abu Dhabi added 80 economic activities in 2021 spanning key sectors as the emirate seeks to attract more businesses as…
Hedge Funds & Alternative Investments
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Saudi telecom firm Zain net profit jumps 98% to $22m in Q1 on higher revenue
Mobile Telecommunication Co. Saudi Arabia, known as Zain KSA, has seen a 98 percent increase in net profit during the…
EY: Two thirds of Middle East CEOs to pursue M&A in 2022
Two thirds of CEOs in the Middle East plan to pursue a merger or acquisition in the next 12 months,…
Arab economies expected to grow by 5% in 2022: AMF
5% in 2022, supported by the increase in oil production and its prices in international markets and the continuation of…
The value of real estate transactions records 4.85mln Riyals during Q1
Farghaly: Absence of major deals, Demand for “Ready-made properties” and Increases of up to 60% in rents. Al-Kaabi: 30% of…
EBRD’s first investment under new green financing facility in Turkey
EBRD new green financing facility in Turkey to strengthen green investments €53.5 million loan to TSKB co-financed by the Clean…
GFH launches “Prime” programme to reward top shareholders
GFH Financial Group has announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for loyal shareholders. …
Bank deposits increase to EGP 6.549trn in January 2022: Egypt
The Central Bank of Egypt has announced an increase of about EGP 99bn in the bank deposits in January 2022,…
Saudi Arabia converts $300mln deposit with Mauritania's central bank to soft loan
Saudi Arabia has transferred its $300 million deposit with the Central Bank of Mauritania into a soft loan, in implementation…
UAE to help African countries diversify their economies
The United Arab Emirates, UAE had indicated its commitment to assisting economies in Africa to diversify. Receiving the African…
Dubai property to sustain demand in 2022
Improving demand is expected to hold property prices steady in Dubai in the near term, according to leading real estate…
Abu Dhabi stock exchange seeks more private sector listings
The Abu Dhabi Securities Exchange (ADX) has rebranded its “Second Market” as “Growth Market” to attract more private sector listings. …