Dubai Investments reports 102% surge in net profit for 3rd quarter
Dubai Investments today reported a 102% surge in the third quarter net profit to AED213 million, compared to AED105 million…
Hedge Funds & Alternative Investments
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Dubai's Shuaa Capital pays off 2017 $100mln bond
SHUAA Capital today announced that it has paid in full the US$100 million bond issued in November 2017 by ADFG…
Saudi mining investment law takes effect in January 2021
The recently approved mining investment law will be fully activated by January 2021, said Khalid Al-Mudaifer, vice minister for mining…
Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector
Capital has raised will support private sector activities within the 55 member countries of the Islamic Corporation for the Development…
Abu Dhabi Global Market Partners With Companies House Gibraltar
Abu Dhabi Global Market signed a Statement of Co-operation (SoC) with Companies House Gibraltar on 19 October 2020. It is…
Oman FDIs up by 5.9% in the first quarter
Oman reported a 5.9 percent increase in foreign direct investments during the first quarter of the year, latest data from…
DAMAC Properties' AYKON City gets boost as Tower B structure completed
Development is an indication of progress being made despite market challenges Thanks to UAE government’s decisive measures to combat Covid-19…
Abu Dhabi bourse appoints Al Dhaheri as CEO – Abu Dhabi Media Office
Abu Dhabi Securities Exchange has appointed Saeed Hamad Al Dhaheri as chief executive officer of the bourse, the Abu Dhabi…
UAE, Saudi SWFs invest over $1b in Reliance unit
The Abu Dhabi Investment Authority (Adia) and Saudi Arabia's Public Investment Fund have invested over $1 billion (75.58 billion) in…
Eshraq Investments posts Q3 net profit of over $6m
Eshraq Investments, an Abu Dhabi-based investment company, has reported a net profit of AED23.06 million ($6.27 million) for Q3 2020,…
Mubadala takes stake in Group 42
Mubadala has announced that it will become an investor in Group42 (G42), the Abu Dhabi-based artificial intelligence and cloud computing…
UAE billionaire Hussain Sajwani eyes more investments outside Gulf
UAE-based The DICO Group, the private investment vehicle of Emirati real estate baron Hussain Sajwani, is eyeing more investment opportunities…