Saudi investment funds record 11% higher assets in Q1
Mubasher: The total value of assets held by Saudi Arabia's investment funds jumped by 11% to SAR 232.8 billion during…
Hedge Funds & Alternative Investments
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SWFI lists four Arab sovereign wealth funds among world's top ten funds in July
A total of four Arab sovereign wealth funds are listed among the world's top ten sovereign wealth funds in July…
KFH raises awareness of cybersecurity and potential risk of e-crimes
Kuwait Finance House “KFH” continues its support to Be aware “Diraya” campaign launched by the Central Bank of Kuwait and…
ZENIQ launches blockchain tokenization platform in Dubai
Dubai International Financial Centre (DIFC)-based ZENIQ, a platform for digital assets and blockchain technology, has launched a blockchain tokenization platform…
CV VC extends operations to UAE and Africa
CV VC, a Swiss blockchain venture capitalist and incubator has not only extended its VC operations internationally to UAE and…
Saudi Arabia’s holding of US bonds amounted to $127.3bln in May
Saudi Arabia’s holding of US Treasury securities amounted to $127.3 billion in May 2021, according to new data from the…
UAE ranks fourth globally for highest monthly spend on rent
UAE residents ranked fourth globally for spending the highest percentage of their monthly expenditure on rent, according to a new…
Kuwait said to mull tapping future generations fund to help balance budget
Kuwait’s finance ministry is working on a law to allow limited withdrawals from its Future Generations Reserve Fund, Al Anba…
Shifting GCC’s approach to attracting foreign direct investment
Government-backed effort to increase foreign direct investment across GCC economies remain limited in their effectiveness – further hindered by a…
Govt obtains 34pc more foreign loans in FY21
Despite healthy remittances and higher exports, Pakistan borrowed about $14.3 billion to build foreign exchange reserves in recently concluded fiscal…
ZENIQ Launches Groundbreaking Blockchain Tokenization Platform in Dubai
The rise of awareness and demand for non-volatile cryptocurrencies, digital assets, reliable blockchain and decentralized finance applications (aka De-Fi Apps)…
Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency
Back in 2020, at the Davos Summit, the DMCC (UAE Free Economic Zone) announced a strategic partnership with CV VC…