Saudi fund raises ownership stake in ACWA Power to 50%
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power…
Hedge Funds & Alternative Investments
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Saudi MoJ expands e-conveyance of property to cover additional banks
Saudi Arabia's Ministry of Justice (MoJ) has expanded e-conveyance of property to cover Alinma and Al Rajhi banks in addition…
Aldar launches Noya on Yas island
AED 940 million development open to all nationalities Sales kick off on November 22 Aldar Properties has announced the launch…
Saudi Aramco targeted by climate action investor group
Climate Action 100+, a leading investor group pushing corporations to act on climate change, has added Saudi Aramco to its…
UAE’s Fruitful Day raises over Dhs3m to fund expansion
UAE-based fresh food delivery company Fruitful Day, has raised more than Dhs3m in investments, over two consecutive rounds of financing…
Abu Dhabi’s Etihad and El Al Israel sign MoU to cooperate on codeshare and loyalty programme
Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an…
Turkish economy faces another year of turmoil
It has been a tumultuous year for Turkey’s economic management with a currency crisis and interest-rate volatility rattling investor confidence.…
BCG discusses how to lead in the new reality during the middle east CEO & leaders forum
As public and private sector organizations prepare for the post-pandemic future and leading in the new reality, governments and leaders…
GFH successfully closes US & Global Tech opportunities subscription
GFH Financial Group has announced that in line with its vision to invest in innovation and growth and to capitalise…
Emaar's founder Alabbar sees situation getting better in 9 to 12 months
Mohamed Alabbar, founder of Emaar Properties and e-commerce platform noon.com, hopes that the economic situation will be better in the…
QIC group appoints Hasan al-Lawati as CEO of its subsidiary OQIC
The Qatar Insurance Group, the flagship insurer in Qatar as well as the Middle East and North Africa region, has…
Dubai’s SHUAA targets citizenship-for-investment market with $118m fund
Dubai asset management firm SHUAA Capital has announced a new partnership that aims to tap into the citizenship-for-investment market, with…