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…
Hedge Funds & Alternative Investments
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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…
Saudi Investment Bank adopts Cisco SDN Architecture
Tech giant Cisco has announced that the Saudi Investment Bank (SAIB) has become the first financial institution in the Kingdom…
Global sukuk issuance hits record $100bln in H1 2021- Refinitiv
Sukuk issuance gained momentum in the first half of 2021 as total issuance reached $100 billion compared to $88.7 billion…
Syria's Assad says funds frozen in Lebanese banks biggest impediment to investment
Syrian President Bashar al-Assad said on Saturday the main impediment to investment in the country was money stuck in ailing…
Dubai-based HKA principal Nicola Caley relocates back to UK
Dubai-based HKA principal Nicola Caley has relocated back to the UK, becoming part of the firm’s claims team in London. …
McLaren raises £550m and adds Saudi Arabian wealth fund as investor
McLaren has raised £550m in a deal that makes Saudi Arabia’s Public Investment Fund a minority shareholder in the supercar…
Dubai regulator fines former Abraaj finance chief $1.7 million
A Dubai regulator has fined the former chief financial officer of collapsed Dubai-based private equity company Abraaj Group and banned…
Fitch revises Saudi Arabia's outlook to stable
Global ratings agency Fitch on Thursday revised Saudi Arabia's Outlook to stable from negative, citing significantly higher oil prices and…
Bain promotes Mario Mateiro and Serge Eid to partner
Bain & Company has announced the intake of over fifty new partners worldwide, including a duo based in the Middle…