Saudi cybersecurity firm COGNNA raises $9.2mln to expand globally
Saudi Arabia-based cybersecurity start-up COGNNA has raised $9.2 million to boost its regional footprint and enter new global markets. …
Hedge Funds & Alternative Investments
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Qatar fund to reduce Sainsbury’s stake after nearly two decades
Qatar’s sovereign wealth fund plans to reduce its stake in Britain’s second-largest supermarket group Sainsbury’s SBRY.L by nearly 4 per…
Bill Gates to unveil major investment at Abu Dhabi Finance Week as global leaders converge
Global financiers, asset managers and investors who manage $63 trillion in assets are congregating in the UAE capital next week,…
Qatar Stock Edges higher on broad-based gains
Qatar's stock market closed higher onTuesday, with the benchmark index rising 52.87 points, or 0.50%, to finish at 10,674.06. …
Dubai Residential REIT announces operational performance update for the 9-month period ended 30 September 2025
Dubai Residential REIT (DFM: DUBAIRESI), a Shariah-compliant, income-generating closed-ended real estate investment trust and one of the largest owners and…
Msheireb Downtown Doha all set to welcome football fans for Arab Cup 2025
Msheireb Downtown Doha is fully prepared to serve as a premier destination for the upcoming FIFA Arab Cup 2025, with…
EGX shows positive performance on Sunday
The Sharia-compliant index, EGX33 Shariah, increased by 2.53% to 4,317.66 points. Likewise, the EGX35-LV edged up by 1.04% to…
Bahrain and the Middle East funds industry: the next frontier for UK and European investors?
Bahrain’s recent announcement of $17 billion of inward investment at its Gateway Gulf conference earlier this month has underscored the…
Egypt's GDP grew by 5.3% in first quarter of 2025/2026
Egypt's GDP grew by 5.3% in the first quarter of its 2025/26 fiscal year compared with 3.5% in the same…
Bahrain’s housing partnerships inject nearly $5bn into economy
Bahrain has injected almost 1.9 billion dinars ($5 billion) into its economy through public-private partnerships in the housing sector, according…
Dubai: Gold prices stable; 24K trades above Dh500 at markets' opening
Gold prices in Dubai were steady as 24K was trading above Dh500 per gram at the opening of the markets.…
Global MICE leaders in Riyadh to drive sustainable industry growth, says top official
With global leaders gathering in Riyadh for the second International MICE Summit, the forum aims to develop the industry, strengthen…