Dubai's Union Properties profits up 483% in Q2
Dubai's Union Properties PJSC, Dubai's iconic real estate developer listed on Dubai Financial Market and its diversified subsidiaries, announced its…
Hedge Funds & Alternative Investments
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GCC economies to grow at 2.2% this year: World Bank
GCC economies are looking to grow at an aggregate rate of 2.2 percent in 2021, according to the latest issue…
ESG initiatives: A shot in the arm for the long-term values
Abhishek Jajoo, the founder of chief executive officer of UAE-headquartered boutique consultancy AJMS Global, explains why the compliance function –…
Kuwait Investment Authority appoints managing director – KUNA
The board of Kuwait's sovereign fund has appointed Ghanem Al-Ghaniman as managing director, the official news agency KUNA reported on…
Saudi Arabia fights forged accounting certificates to enhance sector performance
The Saudi Organization for Chartered and Professional Accountants (SOCPA) recorded about 517 forged accounting certificates and 191 unrecognized certificates out…
Amlak Finance posts of $53.67mln net profit in H1
Amlak Finance, a leading Islamic real estate financier, reported on Wednesday a net profit of Dh197 million for H1 2021,…
DP World to facilitate trade finance from DIFC in boost to SMEs
DP World Financial Services, a DP World company, is to begin facilitating access to trade finance for smaller companies as…
Zurich's life sales growth in EMEA 'mainly driven' in five countries
Zurich Group's life new business annual premium equivalent (APE) sales returned to growth, with an 11% increase on a like-for-like…
GCC's post-COVID-19 economic recovery on track with UAE, Saudi in forefront
The UAE and Saudi Arabia are leading the post-pandemic economic recovery of the GCC, according to Washington based Institute of…
NBK Egypt appoints Prime Capital to advise on voluntary delisting
The board of directors of National Bank of Kuwait Egypt (NBK Egypt) has approved to appoint Prime Capital as an…
Non-Saudis can buy one property in Kingdom
Non-Saudis, who are legal residents of the Kingdom, can now own a single property. The Absher platform has set…
Fintech firms dominate Saudi startup scene, attracting venture capitalists
Saudi start ups in the financial technology sector emerged as the most funded in the Kingdom, and more private investors…