Hedge Funds & Alternative Investments

Comment & Analysis

Khalifa Almehairbi: UAE real estate surpasses international ones in terms of appeal and returns

August 9, 2021

Khalifa Saif Almehairbi, Chairman of the Board of Directors of Arabian Gulf Investments Company, confirmed that the UAE real estate…

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Financial Results

Dubai Investments H1 profits surge by 47%

August 6, 2021

Dubai Investments on Thursday reported a 47 percent surge in net profits to AED302 million for the six months ended…

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Financial Results

SPACs are rising: 35 deals worth over $100bln announced in July

August 6, 2021

In a clear indication that Special Purpose Acquisition Companies (SPACs) is a trend that is gathering steam, 35 SPAC combinations…

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FinTech

Dubai crypto platform BitOasis sees over $1.5bn trading in H1

August 6, 2021

BitOasis, the Dubai-based cryptocurrency platform, has delivered trading volumes exceeding $1.5 billion in the first half of 2021.   BitOasis…

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Financial Results

Eshraq Investments improves net profit by 167.25%, returning to strong growth and profitability

August 6, 2021

The company generated AED 15.36 million in investment income in the first six months of the year, thanks to its…

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Financial Results

Bahrain-based Inovest issues financial results

August 6, 2021

Inovest has reported consolidated net loss attributable to the parent shareholders of $1.60 million for the three months ended June…

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Coronavirus

Gulf businesses learnt value of digitising cash transactions during pandemic and it will do them good

August 6, 2021

For treasurers and finance managers, COVID-19 has encouraged a shift in financial and operational priorities as they manage the impact…

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FinTech

Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation

August 5, 2021

These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads…

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FinTech

Dubai company to link NSE with top Africa bourses

August 4, 2021

Dubai-based firm, DirectFN, has won the contract to supply the software that will link Nairobi Securities Exchange (NSE) with six…

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Comment & Analysis

GCC wealth: Saudi, UAE top the list; Bahrain marks fastest growth

August 4, 2021

Bahrain’s wealth is a fraction of Saudi Arabia’s $1 trillion, but the smaller kingdom has seen the GCC’s fastest wealth…

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Hedge Funds & Alternative Investments

Dubai-based company setup firm expands operations in Saudi Arabia

August 4, 2021

Pro Partner Group, a Dubai-based company specializing in company formations, has expanded its operations in Saudi Arabia.   It was…

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Financial Results

Saudi British Bank swings to $245mln Q2 net profit

August 4, 2021

Saudi British Bank (SABB), an affiliate of HSBC Holdings, swung to a net profit of 919 million riyals ($245 million)…

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