Qatar, Tunisia discuss trade relations
Minister of Commerce and Industry, H E Ali bin Ahmed Al Kuwari, met yesterday with H E Ali Kooli, Tunisian…
Hedge Funds & Alternative Investments
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Al Khaliji sees great value for shareholders, customers in merger with Masraf Al Rayan
Al Khaliji, which expects to merge with Masraf Al Rayan this year, finds a great deal of potential for its…
Telegram Messaging App Raises $150 Million From Middle East Investors
Two Abu Dhabi-based funds have invested $150 million in messaging app Telegram, which has its global development centre in neighbouring…
Kuwait’s KIPCO profits fall even as more people watch OSN at home
Kuwait Projects Company Holding reported a 78 percent drop in net profit last year to KD6.5 million ($21.4 million). …
From open banking today to open finance tomorrow
Over the course of the past several years, the eyes of the regional – and indeed, global – financial sector…
The Middle East prepares for life after oil
Governments and wealthy families are accelerating the changes needed to safeguard their financial future. The global upheavals of the…
UAE reveals $81bn industrialization plan
The UAE aims to increase its industrial revenues to 300 billion dirhams ($81.68 billion) over 10 years. Dubai Ruler…
DIFC wins membership in global financial centres' alliance
Dubai International Financial Centre has announced that its membership of the World Alliance of International Financial Centres has been unanimously…
Saudi Arabia creates database of privately financed projects
The Register of Privatization Projects is as a comprehensive central database of documents related to privatization projects, Hani Al-Sayegh, director…
Central Bank of Egypt offers EGP19 billion worth of treasury bills
The Central Bank of Egypt on Sunday issued treasury bills worth EGP19 billion ($1.21 billion) on behalf of the Finance…
The Atlantic Council names Dominik Treeck a nonresident fellow
The Atlantic Council, a nonpartisan US organisation that shapes solutions for global economic and societal challenges, has appointed Oliver Wyman…
MENA spending on social media advertising is on the up
By the end of 2021, social media could account for a third of the total digital media advertising spend in…