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…
Hedge Funds & Alternative Investments
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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…
QIIG reports a net profit of QR40.96m for H1, 2021
Qatar Islamic Insurance Group, a Qatari public shareholding company, has disclosed its financial statements for the first half of the…
Record-breaking quarter for issuance of foreign investor licenses in Saudi Arabia as investment recovery accelerates
The Ministry of Investment reports a 36% annual increase in new licenses issued relative to the same quarter of last…
Bahrain could create new pension layer and garner billions in new assets
Several factors coming together substantiating the case for new national workplace savings framework for Bahrain The current framework for End-of-Service…
Kuwait wealth fund appoints interim managing director – source
The Kuwait Investment Authority, the Gulf country's sovereign wealth fund, has appointed Badr al-Ajeel as interim managing director pending a…
Giambrone instructed in a One Billion Pound Cross-border Fraud Claim
Giambrone’s leading international litigation team was instructed by a leading businessman, to appeal the decision of High Court Judge, Mr.…
Azizi Developments Teams Up With Leading Regional Banks For Exclusive Home Financing Solutions
In a bid to make home ownership more convenient and affordable, Azizi Developments, a leading private developer in the UAE,…
Abu Dhabi hits record high again on Q2 corporate earnings
Abu Dhabi stocks rose to a record high on Monday, led by gains in conglomerate International Holding (IHC), while other…
UAE fintech Sarwa raises $15m in Mubadala-led funding round
UAE-based financial technology startup Sarwa has secured $15 million during its latest funding round led by Abu Dhabi wealth fund…