Deyaar profits rise, sees Dubai property demand growing
Deyaar, one of Dubai’s biggest property developers, reported a rise in first quarter profit, the company said in a statement.…
Hedge Funds & Alternative Investments
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Saudi's SABIC to distribute $1.2bln in H2 2020 dividends
The Saudi Basic Industries Corporation has approved cash dividends amounting to SR4.5 billion ($1.2 billion) to shareholders for the second…
Six selectors reveal popular fund products in Middle East
It’s been a year of two halves. In the first six month we have seen a lot of interest in…
ADGM Introduces Regulations Governing SPVS and Foundations
The Abu Dhabi Global Market has introduced a regulatory framework governing the appointment of Company Service Providers by special purpose…
Walter Jopp says some UAE advice firms ‘will not survive’
The UAE advice market will adapt to the game-changing, commission capping regulation that is BOD49 through consolidation in the sector,…
Franklin Templeton celebrates 20 years in the Middle East
Global investment management firm Franklin Templeton is celebrating 20 years of presence in the Middle East. The organisation with…
SHUAA announces Senior Executive promotions
SHUAA Capital has announced the promotion of two of its senior executives. Ajit Joshi, Head of Public and Private Markets,…
CFOs in Global Survey Reveal Pandemic Has Fundamentally Altered How They Hire and Manage Their Workforce
A large majority of CFOs around the world are planning to expand operations into new countries in 2021 to achieve…
KPMG financial services experts on the Middle East's fintech scene
Despite the Covid-19 pandemic, funds pumped into FinTech companies globally topped $100 billion for only the third time in history,…
7% growth in global reinsurance capital, with signs of underlying combined ratio improvement: Willis Re
Total capital dedicated to the global reinsurance industry measured USD 658 billion at year-end 2020 reflecting 7% year-on-year growth. The…
Egypt Sovereign Fund puts Tahrir Complex development into motion
The Sovereign Fund of Egypt (TSFE) has started the first executive steps to develop the Tahrir Complex by completing the…
DIFC: Domicile for fund managers and funds
Regulatory Authorisation to conduct financial services as a financial institution as well as seeking regulatory approval for funds both for…