Total deposits in Oman's banking sector grow 2.9% to OMR24.3 billion
Data issued by the Central Bank of Oman (CBO) indicated that the total deposits held with ODCs (other depository corporations)…
Hedge Funds & Alternative Investments
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UAE most competitive market in GCC; 4th globally
The UAE ranks number one overall as the most competitive emerging market in GCC, according to the annual Agility Emerging…
Interview: UAE's Bee'ah to explore waste-to-energy plant opportunities in the region – CEO
For a waste-management company, Sharjah-based Bee’ah is aiming high. It is helping the city become the first in the region…
Saudi's Anaam Holding to increase capital, targets $56mln
Saudi Arabia’s Anaam International Holding Group has announced its board recommendation to increase capital by SAR 210 million ($56 million)…
Saudi PIF invests in NBK Capital Partners' shariah credit fund
Saudi Arabia's sovereign wealth fund has become an anchor investor in a new $300 million shariah credit fund launched by…
Paul Gilbert leads A&M's Middle East restructuring practice
Bringing more than 25 years of experience to the region, Paul Gilbert has been named Head of Alvarez & Marsal’s…
UAE's FTA clarifies tax rules for owners of multiple establishments
Sole owners of multiple establishments in the UAE are required to obtain a single tax registration, rather than apply for…
Bahrain will continue on development path: minister
Bahrain's Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed Bahrain’s resolve to continue to achieve desired…
Abu Dhabi to see 'spike' in new residential supply in 2021
Residential supply handovers in Abu Dhabi are expected to hit their highest level in approximately half a decade, as several…
Sharjah real estate transactions value record AED 15.9 billion in 2020
Al Shamsi: The Government's stimulus decisions remarkably surged the number of property sales. Al Shamsi: Tributes to all staffers for…
EBRD and EU to promote green investments in Jordan
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) in Jordan are promoting green investments in…
Egypt sells international bonds worth $3.75bn
Egypt has sold international bonds worth $3.75 billion, with the Finance Ministry reporting a positive response from the market. …