DIFC collaborates with UK on protection of international data transfers
Dubai International Financial Centre has formally engaged with the UK's Department for Digital, Culture, Media & Sport Department to establish…
Hedge Funds & Alternative Investments
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HSBC Saudi Arabia offers the first climate change focused investment fund in the kingdom
HSBC Saudi Arabia is now offering the first environmental initiative investment fund in Saudi Arabia, known as the HSBC Global…
KFH key pillar in supporting Kuwait Economy and NDP
Deputy General Manager SME and Business Banking at Kuwait Finance House (KFH), Yousef Ibrahim Almutawa, said that KFH offers wide…
CMA: Ownership value of foreign investors in capital markets increased by 150% by Q2 of 2021
The Capital Markets Authority (CMA) has exerted several efforts and implemented various procedures to increase the attractiveness of the CMA…
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…
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…