Saudi Banks Boost Main Stock Index Amid Recovery Bets: Inside EM
Saudi lenders boosted the main index in Riyadh to the biggest gain in the Middle East amid bets that a…
Hedge Funds & Alternative Investments
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UAE approves 10-year ‘golden’ visa scheme
The United Arab Emirates approved granting “golden” visas that allow for a 10-year residency for those who meet the criteria,…
Foreigners In Abu Dhabi To Be Granted ‘Freelancer’ Licenses
After a devastating pounding by Covid-19 pandemic, the United Arab Emirates on Sunday said it has introduced new “freelancer” licenses…
UAE in strong position to become global leader in developing Islamic Economy: Dubai Crown Prince
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and…
GFH reports net profit of US$23.17 million attributed to shareholders for the first nine months of 2020
GFH Financial Group B.S.C has announced its financial results for the first nine months of the year ended 30 September…
QSE receives Digital Access Certification for its website
The Qatar Stock Exchange has received Digital Access Certification for its website from the Assistive Technology Centre (Mada). It…
State investors help plug Saudi Arabia's yawning deficit
Saudi Arabia is increasingly relying on state-owned investors to finance itself amid the coronavirus pandemic, a strategy that raises questions…
New partnership to unlock €220 million for Egypt’s climate fight
The European Bank for Reconstruction and Development has partnered with the European Union and the Green Finance Fund (GCF) to…
Abu Dhabi Global Market releases plans to regulate service providers
The Abu Dhabi Global Market Registration Authority has published a consultation paper outlining its plans to establish a regulatory framework…
Conditions to Meet Before Liquidation of Company in UAE
Liquidation is the formal process of closing (or ‘winding down’) a company and selling its assets. The proceeds then go…
Shuaa Capital delivers solid Q3 performance, with Q3 net profit of $16.97mln
SHUAA Capital, has announced its financial results for Q3-2020, delivering a solid performance, with net profit of AED 59 million…
Third quarter revenues propel Waha capital into profit
Third quarter performance moves Public Markets division’s flagship funds into positive returns for the year Private Investment division contributes improved…