Tadawul Group aiming to give 70% of its profits to shareholders
Saudi Tadawul Group is planning to allocate 70 percent of its profits as dividends unless it decides to push ahead…
Hedge Funds & Alternative Investments
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AZF signs agreement with Dukhan Bank
Aspire Zone Foundation has signed a collaboration agreement with Dukhan Bank, paving the way for a new partnership at The…
Saudi to invest 5 bln USD in development projects in Bahrain: official statement
Bahrain and Saudi Arabia on Thursday signed key agreements involving a Saudi investment of 5 billion U.S. dollars in development…
Saudi PIF aims to invest $5bn in Oman
Saudi Arabia’s Public Investment Fund is planning to invest SR18.7 billion ($5 billion) in Oman, according to a statement from…
Saudi-Qatari business forum reviews economic, investment ties
Saudi and Qatari companies signed agreements in the hospitality and tourism sectors at the Saudi-Qatari Business Forum in Doha on…
Walkers Advises on MENA Region's First Fintech Fund
Walkers has acted as Cayman Islands counsel to Venturesouq, a GCC-based venture capital firm, on the launch of MENA Fintech…
Dubai regulator fines fund manager for reporting breaches
The Dubai Financial Services Authority has published a Decision Notice imposing a penalty of USD 210,000 (AED 771,225) on Equitativa…
What’s next for Kuwait’s banking sector?
If there is one thing that business leaders around the world can agree upon, it is that the economic impact…
Dubai regulator fines Emirates REIT fund manager $210,000 for 'misleading statements'
The Dubai Financial Services Authority (DFSA) has slammed a penalty of $210,000 (AED 771,225) on Equitativa and accepted an Enforceable…
Moon capital Partners Master Fund cuts stake in EKH
Moon Capital Partners Master Fund Ltd has cut its stake in Egyptian Kuwaiti Holding (EKH) (EKHO) to 4.8% from 5.52%,…
Global Markets launches Riyadh and Doha offices
Global Markets inaugurated its offices in Riyadh, Saudi Arabi and in Doha, Qatar this November. Global Markets has been managing…
Investcorp launches "Investcorp Investment Seminars" at the BIBF
Investcorp has announced its partnership with the Bahrain Institute of Banking and Finance (BIBF). Investcorp will be launching the “Investcorp…