UAE’s GDP contracted 7.7% in 2020: Knight Frank
The UAE’s economy might have contracted by as much as 7.7 per cent in 2020, the steepest decline estimated for…
Hedge Funds & Alternative Investments
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Neuberger Berman appoints client coverage head in Israel
Neuberger Berman has announced it has opened an office in Tel Aviv and appointed Daria Uchenik to the role of…
Dubai’s largest bank positive about UAE equity markets in 2021
The outlook for the UAE stock markets is positive and Dubai’s largest bank Emirates NBD is bullish about the UAE…
Saudi's Bank Albilad names new chairman, vice chairman of board
Saudi Arabia-based Bank Abilad has appointed a new chairman and vice chairman of the board of directors. In a…
NBB ties up with Eskan to offer joint housing loan solutions
The National Bank of Bahrain (NBB) said it has launched a new joint housing product offering in conjunction with Eskan…
Sharjah real estate transactions value record AED 15.9 billion in 2020
Government Communication Department - Sharjah Real Estate Registration Department: The real estate sector in the Emirate of Sharjah has recorded…
Egyptian leaders grab most entries in Forbes top 50 Power Businesswomen
Forbes Middle East issued its top 50 Power Businesswomen in the region. The list which was announced on 4th of…
The importance of Middle East investors to London's office market
Nearly £4 billion ($5.3 billion) of capital from the Middle East is set to target London's office market this year…
Budget Saudi posts 5% net profit rise to $50.1m in 2020
United International Transportation Co. (Budget Saudi) reported a net profit after Zakat and tax of SR 187.9 million ($50.1 million)…
One of world’s richest nations taps wealth fund as cash dries up
Kuwait’s government has transferred the last of its performing assets to the country’s sovereign wealth fund in exchange for cash…
On cloud nine: Saudi Arabia embraces the digital revolution
Forced to stay at home and unable to travel or be connected to the rest of the world, cloud computing…
ENBD REIT's Q3 property portfolio value down to $366mln
ENBD REIT (CEIC), the shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, has announced that its…