Anghami to be first Arabic technology firm to list on Nasdaq New York
Arabic music streaming service Anghami is set to become the first technology company from the region to list on New…
Hedge Funds & Alternative Investments
12509 articles found
Full commercial ownership, smart data, sustainability at forefront of UAE’s business landscape
The UAE’s business landscape is witnessing major shift, with main focus being on full commercial ownership, smart data and sustainability,…
$7.62bln in cash dividends proposed by 38 UAE listed companies for 2020
Despite a slower and only marginal improvement in business conditions around the world, to the tune of AED29 billion in…
Sharjah sells $1.25 billion in bonds
The Emirate of Sharjah launched $1.25 billion in two-tranche bonds of 12- and 30-year paper on Wednesday, a document from…
Kamco Invest reports KWD15mn fee income, KWD2.7mn losses in 2020
Kamco Invest announced its financial results for FY 2020 ended 31 December 2020. The Company reported a net loss of…
Saudi Arabia dominates MENA IPO market in 2020
Saudi Arabia continued to lead the initial public offering (IPO) market in the Middle East and North Africa (MENA) region…
Rami Beracha to Launch Pioneering Dubai Investment Fund
Israeli investor and entrepreneur Rami Beracha is on his way to opening a new investment fund in the United Arab…
Driving consolidation: Dubai's Emaar set to merge its malls, properties business
The board of directors of Dubai’s Emaar Properties and Emaar Malls have voted to recommend an all-share merger to their…
Abu Dhabi's Mubadala hires banks for dual-tranche euro bonds – document
Abu Dhabi state fund Mubadala has hired banks to arrange a planned dual-tranche issue of euro-denominated bonds, a document seen…
UAE Ministry of Economy extends anti-money laundering compliance date for four business categories
The UAE’s Ministry of Economy has extended the grace period until March 31 for certain business categories to be in…
How will the new trusts law change the UAE advice sector?
On 10 February 2020, the UAE Ministry of Finance (MOF) unveiled its trusts law, announcing that it will help increase…
Masraf Al Rayan gets shareholder’s nod to raise sukuk size to $4bn
The Ordinary General Assembly of Masraf Al Rayan has approved distribution cash dividend of QR0.170 per share, representing 17 percent…