Bahrain puts off new taxes, weighs longer relief
Bahrain could extend the duration of support measures to help businesses cope with the impact of the coronavirus after deploying…
Hedge Funds & Alternative Investments
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Burgan Bank places $500mln Tier 2 bonds in debt market
Burgan Bank, Kuwait’s second largest conventional bank by asset size, has placed $500 million Subordinated Tier 2 Capital Securities (bonds)…
GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity
The 2021 sector outlook for Gulf Cooperation Council Islamic banks is stable, reflecting a modest expected economic recovery, Fitch Ratings…
Experts welcome Saudi Public Prosecution’s push to keep capital markets fair, honest
Saudi Arabia’s Public Prosecution has hammered home the message to traders that it is against the law to create a…
Family businesses surprisingly positive in the wake of Covid-19
Family businesses in the Middle East have turned their attention to life beyond Covid-19, signaling a “surprising” level of optimism…
Egyptian banks' assets, reserves abroad jump 90% in 7 months
The Egyptian banks' assets and reserves abroad jumped 90% by the end of November to record $19.2 billion compared to…
Five key stages for developing the tourism sector across the Middle East
Despite the disruption of the Covid-19 pandemic, tourism remains a significant long-term opportunity for the GCC countries and Egypt. …
Bahraini ministry plans to replace expats by 2024
Bahrain’s Ministry of Works and Municipality Affairs plans to replace its foreign employees with citizens by 2024, a senior official…
Egypt promotes comprehensive plan to confront overpopulation
Egypt has recently adopted a comprehensive strategy to control the population growth that poses huge pressure on the country’s resources…
Cyber risk is new threat to financial stability: IMF
The number of cyberattacks worldwide has tripled over the last decade and financial services continue to be the most targeted…
Is Bahrain the next big Middle East advice market?
There is a vast sum of wealth in the Middle East and, subsequently, a need for a strong financial advice…
ADIA looks to Africa for new investment opportunities
Abu Dhabi Investment Authority, Abu Dhabi, is exploring opportunities for investment in Africa and continues to view China and India…