Kuwait Fund Must Hand Over Papers in Bonus Spat With Ex-Managers
Kuwait’s sovereign wealth fund has been ordered to hand over “sensitive” documents in a London bonus dispute with some ex-mangers…
Hedge Funds & Alternative Investments
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FintechCashier Group announces investment of £10 million into MENA region, creating a financial gateway centre based in Bahrain
With the global digital payments market expected to reach US$ 12.55 Trillion by 2027, the FintechCashier Group has announced its…
UAE's new labours laws trigger 'significant changes' to employment contracts
Luke Tapp and Ruth Stephen tell HRNews about some of the key employment law changes in the region
Saudi Arabia to localize key jobs in fun cities
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi announced on Thursday the ministry’s decision to localize key jobs…
Agility, Menzies boards agree on $750mln takeover deal
The boards of Agility Public Warehousing Company (Agility) and GIL International Holdings V Limited (Bidco), one of its wholly-owned subsidiaries,…
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
RAK Hospitality Holding has confirmed the sale of the 715-key all-inclusive Rixos Bab Al Bahr hotel in Ras Al Khaimah…
Egyptian fintech Khazna raises $38mln in Series A
Khazna, a Cairo-based fintech company has raised $38 million in a Series A round led by Quona Capital. Other investors…
Saudi Arabia real GDP grows 6.7% in Q4 2021
Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth…
Suez Canal Bank eyes mortgage financing portfolio in 2022
Suez Canal Bank (CANA) targets to bring its total mortgage financing portfolio to a range between EGP 450 million and…
Reserve manager: Central Bank of the UAE
The Central Bank of the United Arab Emirates (CBUAE) has implemented a new investment and external manager policy over the…
LuLu Financial Group head Adeeb Ahamed receives Bahraini Golden Visa
Adeeb Ahamed, Managing Director of Lulu Financial Group, has received the Bahrain golden residency visa. Adeeb Ahamed was awarded…
Mashreq named Market Leader for best-in-class transactional banking services in the UAE and Middle East
Mashreq Bank has been recognized as a Market Leader for its best-in-class transactional banking services, as voted for by its…