UAE's Oman Insurance records its best net income in 5 years, at Dh196.5m
One of the UAE’s biggest names in its industry, Oman Insurance Co. improved on its net income, totaling Dh196.5 million…
Hedge Funds & Alternative Investments
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Kuwait pension fund posts record asset gain but braces for volatility
Kuwait’s Public Institution for Social Security had its best performance ever in the first nine months of the fiscal year…
Tikehau Capital appoints Senior Advisor
Alternative asset management group Tikehau Capital has appointed Hassan Karimi as Senior Advisor in the Middle East Region. Based…
Saudi Arabia, Oman most exposed to diminishing fiscal uplift from SWF buffers
The impact of the coronavirus pandemic on oil demand and prices has increased gross funding requirements for sovereigns across the…
MENA states keen to invest in smart cities, social infra under BRI
Social infrastructure, logistics, as well as smart city projects are the top three most cited sectors where businesses in the…
GCC Board Directors Institute sees 82% surge in Saudi members
The GCC Board Directors Institute reported an 82 percent surge in its membership in Saudi Arabia last year. The…
Hub71 attracts over 100 start-ups in two years as tech ecosystem gears up for global growth
Hub71, Abu Dhabi’s global tech ecosystem, has selected more than 100 tech startups to join its growing community, raising AED…
NMC picks advisers to explore sale of core UAE, Oman business
NMC Health said on Wednesday it had hired Perella Weinberg Partners and Resonance Capital to advise on the potential sale…
Goldman Bankers Join Saudi Media Group With Global Ambitions
Saudi Research & Marketing Group hired two bankers from Goldman Sachs Group Inc. in the Gulf as one of the…
PwC's framework for delivering virtual healthcare strategies
Even beyond the Covid-19 pandemic, virtual healthcare will remain at the forefront of the healthcare industry. How can policy makers,…
Dubai's stalled skyscraper project Marina 101 close to getting new investor
The stalled skyscraper project Marina 101 could - finally - be close to getting a new owner, which, if it…
Egypt’s central bank issues LE 20B on T-bills Thursday
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 20 billion…