Hedge Funds & Alternative Investments

Comment & Analysis

Finastra showcases Open Banking innovations during DIFC Innovation Month

June 15, 2021

Finastra is participating in Dubai International Finance Centre (DIFC) Innovation Month, which focuses on early-stage fintech start-ups and helps them…

Read More

Hedge Funds & Alternative Investments

Foreign investment opportunities expand in the United Arab Emirates

June 15, 2021

Shares in companies incorporated in the United Arab Emirates  may now be owned by foreign investors with no limit on…

Read More

FinTech

Mashreq Bank deploys digital payments platform at SEWA to support digital transformation

June 15, 2021

Mashreq Bank has completed a major digital transformation program for the Sharjah Electricity Water and Gas Authority (SEWA), delivering a…

Read More

Hedge Funds & Alternative Investments

Saudi wealth fund PIF leads investment in $800m Middle East infrastructure fund

June 14, 2021

The Public Investment Fund, Saudi Arabia’s sovereign wealth fund chaired by the Crown Prince, has agreed to commit up to…

Read More

Comment & Analysis

Qatar set to enter period of accelerated growth

June 11, 2021

Qatar’s economy is set to enter a period of accelerated growth, supported by several factors including expansion of Liquefied Natural…

Read More

Hedge Funds & Alternative Investments

Saudi sovereign fund PIF to invest in Investcorp-Aberdeen infrastructure fund

June 11, 2021

Saudi Arabia's sovereign wealth fund PIF will become an anchor investor in an infrastructure fund being launched by Bahrain's Investcorp…

Read More

Comment & Analysis

UAE residents' savings swell to $54.22bln during pandemic

June 11, 2021

UAE residents’ savings have swelled during Covid as pandemic-induced restrictions and lockdowns led people to spend less on travel, entertainment,…

Read More

Hedge Funds & Alternative Investments

Emirates Development Bank successfully closes $750 million five-year bond

June 10, 2021

 Emirates Development Bank [EDB], a key financial enabler of the country’s economic diversification and industrial transformation agenda, has succesfully closed…

Read More

Financial Results

How the UAE's largest banks bounced back during Q1

June 9, 2021

Aggregate net income increased by 85 percent quarter-on-quarter (QoQ) Loan & advances declined whereas deposits increased in Q1’21  Alvarez &…

Read More

Financial Results

Gulf-based Opontia raises $20mln to fund acquisitions, recruitment

June 8, 2021

Newly launched Gulf-based startup Opontia has raised $20 million to help it to finance acquisitions of e-commerce brands in the…

Read More

Hedge Funds & Alternative Investments

Egypt nears issuing sukuk bonds as bill moves through parliament

June 8, 2021

Egypt will start issuing sukuk, or sharia-compliant Islamic bonds, as soon as a law making its way through the country's…

Read More

Hedge Funds & Alternative Investments

See Why Abu Dhabi’s Big Sovereign Wealth Fund Wants an AI Group for Investing

June 8, 2021

As sovereign investors rapidly embrace data as the new oil, artificial intelligence (AI) can be perceived as the refineries.  …

Read More