Egypt signs 5 contracts for gold exploration with investments of $13 million
Egypt signed Thursday five contracts for gold exploration with total investments estimated at $ 13 million, in 13 sectors. …
Hedge Funds & Alternative Investments
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Most Gulf markets end higher with Dubai leading gains
Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender Emirates…
Saudi Arabia closes January domestic sukuk issuance worth $790m
The National Debt Management Center closed the January 2021 issuance under the Saudi Arabian Government SAR-denominated sukuk program, the Ministry…
CBO bond issue gets overwhelming response
The Central Bank of Oman said on Wednesday that it has received an overwhelming response from investors for its 66th…
Egypt expected to restore pre-pandemic real GDP growth at 5.5% during FY2020/21
Egypt is expected to be the only country in the Middle East to restore pre-COVID-19 real GDP growth rates in…
Even 12-month rent-frees are on offer for office rentals in Dubai
This could be the best time for businesses in Dubai to look at rental options – more landlords are willing…
UAE telecom giants Etisalat, Du increase foreign ownership limit to 49%
UAE's telecom giants Etisalat and Du have raised foreign ownership caps to 49 percent in a move to attract external…
New fintech firm launches Dubai banking services targeting SMEs
A new fintech firm targeting small and medium-sized enterprises (SMEs) in the region has launched in Dubai. SH Capital…
ENBD marks listing of $750m bond at Nasdaq Dubai
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD (ENBD), rang the market-opening bell at Nasdaq Dubai…
Egypt’s holdings of US Treasuries hit $2.244bln in November 2020
Egypt’s holding of US Treasuries rose to $2.244 billion in November 2020, hitting its highest level in two years, compared…
Why global restructuring firms are embarking on Gulf hiring spree
The world’s biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as…
Ominvest's net profit rises to OMR33.7 million
Oman International Development and Investment Company SAOG , one of the oldest and the largest investment company in the Sultanate,…