How purpose-driven transformations help banks recover
The Covid-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition…
Hedge Funds & Alternative Investments
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Alijarah Holding to explore new investment opportunities
National Leasing Holding (Alijarah Holding) held its ordinary AGM online, yesterday. The General Assembly approved the Board of Directors’ recommendation…
Barwa Real Estate reports QR1.214bn net profit in 2020
Barwa Real Estate Group yesterday announced net profit attributable to the shareholders of the parent company amounting to QR1.214bn for…
CMA approves subscription results of Oman REIT Fund
The Capital Market Authority (CMA) announced the approval of the results of subscription of Oman REIT Fund. Nearly 49,943,500 units…
SHUAA Capital reports preliminary FY 2020 net profit of AED 125 million up 166% from 2019
•Strong growth in profitability despite COVID-19, underscoring the resilience of the business model in a year of transformation •Net income…
Economic, commercial activities in UAE continue positive run in first half of February
Economic and commercial activities in the UAE continued their positive run in the first half of February 2021, reflecting the…
ADX requires companies to produce annual financial report on time
The Abu Dhabi Securities Exchange has asked companies to produce their audited annual financial report on time. ADX said…
Chairwoman of Saudi's Allied Cooperative Insurance Group resigns
The chairwoman of the board of Allied Cooperative Insurance Group has resigned, according to a statement to the Saudi Stock…
Bitcoin tops $50,000 as it wins more mainstream acceptance
Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the…
Saudi sovereign wealth fund boosts U.S. equities exposure to nearly $12.8bln
Saudi Arabia's sovereign wealth fund has increased its holding of U.S. stocks to nearly $12.8 billion in the fourth quarter…
Global companies to be rewarded for setting up in KSA: Officials
Saudi Arabia’s decision to stop signing contracts with foreign companies from 2024 unless their regional headquarters are based here will…
Leading restructuring consulting firms ramping up in Gulf
Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business…