New overseas property buyers in Dubai hit a snag opening bank accounts
Overseas investors wanting to buy property in Dubai through ‘offshore’ companies are suddenly facing a problem. “Banks are not…
Hedge Funds & Alternative Investments
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Saudi mortgage lending picks up in July
More Saudis have taken out new mortgages in July after a short slump in June, however, the total banks lending…
Gulf Islamic Investments and Capital Bay announce joint venture
The platform’s debut offering, valued at EUR 500 million, will launch in September with a first deployment intended for Q4…
Jeddah witnesses largest property deal worth $357.2m
The Saudi Oger Company's "Arjuwan Red Sea Project" land has been sold in a public auction with a value exceeding…
Columbia Threadneedle expands leadership team following BMO EMEA acquisition
Columbia Threadneedle Investments has bolstered its leadership team with a trio from BMO Global Asset Management (BMO GAM), following its…
GCC banks saw record loan growth in Q2 as economies revived
Listed banks in the GCC continued to post robust growth in lending activity during the second quarter (Q2) of 2021,…
Hakluyt Opens New Office in Dubai
Hakluyt has delighted to announced that it has opened a new office in Dubai. The office will be led…
Jordan gov’t acquaints banking sector with economic recovery priorities
The government on Wednesday presented its priorities for economic recovery between 2021 and 2023 to members of the banking sector…
The Limits of Litigation Privilege: Qatar v Banque Havilland SA
In a judgment handed down on 30 July 2021 (the “Judgment”), the Commercial Court considered, in the context of high…
Emirates NBD collaborates with DMCC to boost Dubai diamond industry finance
Emirates NBD has announced plans to increase financing available to the Dubai diamond industry and double its diamond financing book…
World Government Summit and Strategy& launch Urban Resilience Tool
The World Government Summit (WGS) has teamed up with Strategy& in the Middle East to develop the ‘Urban Resilience Tool’,…
Greater unity and collaboration needed to tackle global challenges, latest Expo 2020 global survey shows
The world needs greater unity and collaboration and must share innovations and expertise if humankind is to tackle its most…