Abu Dhabi Investment Office offers startups $41mln in AgTech incentives
The state-run Abu Dhabi Investment Office (ADIO) has rolled out $41 million worth of incentives for three agriculture technology (Agri…
Hedge Funds & Alternative Investments
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UAE's ADNOC, ADQ launch TA'ZIZ JV to drive growth and investments
The Abu Dhabi National Oil Company and ADQ, one of the region’s largest holding companies, have launched TA'ZIZ JV to…
Real estate trends: Dubai's home sales fall; decline in property prices slows down
The decline in Dubai’s residential values showed signs of decelerating in October, but sales of home units have somewhat slowed…
UAE says has no plan for now to increase VAT
The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5%, the ministry…
Qatar puts up 'for sale' sign with new property visas
Gas-rich Qatar has flung open its property market to foreigners, with a scheme giving those purchasing homes or stores the…
EBRD, EU and partners boost green finance in Egypt
EBRD, EU and GCF to boost private sector’s climate action in Egypt Green financing of €220 million to be made…
NBK the first bank in Kuwait to provide registration for "Kuwait Mobile ID" app from different locations
We anticipate our customers’ expectations, and are keen on their convenience and making all their transactions quick and easy …
The next steps for Saudi Arabia's sovereign Public Investment Fund
The Public Investment Fund (PIF) was established in 1971 as the sovereign wealth fund of the Kingdom of Saudi Arabia.…
Dubai's private sector output slips to a five-month low in October, IHS Markit finds
Private sector activity in Dubai dropped to its lowest point in five months during October, hampering economic recovery from the…
Saudi Aljazira Takaful reports 14% profit decline in Q3
Aljazira Takaful Taawuni Company reported on Sunday a 13.8% annual slump in quarterly profits to SAR 7.9 million. This…
A partnership between Mashreq and Dubai Commodities to support growing companies
Mashreq Bank and Merchandise Center in Dubai announced the signing of a cooperation agreement to enhance support for small and…
Praemium doubles down on Dubai
Managed accounts platform Praemium is set to increase headcount in the UAE by 50%. The Australia-headquartered firm is growing…