Azimut to launch fixed income fund in Egypt
Azimut Egypt Asset Management will launch the Group's first local fixed income fund in Egypt on 11 October, with equities…
Hedge Funds & Alternative Investments
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DFM and Nasdaq Dubai ring the bell to promote financial literacy and investor awareness
The Dubai Financial Market and Nasdaq Dubai today hosted a bell ringing ceremony with the participation of the Securities and…
Oman banks on SMEs, tourism to revive economy
Oman is banking on its non-oil sectors, including small-to-medium enterprises and tourism, to revive the local economy, national daily Times…
EBRD invests in Egypt-focused private equity fund
The European Bank for Reconstruction and Development is boosting the resilience of the financial sector in Egypt and supporting equity…
Saudi Aramco and Sumitomo Chemical to lend Petro Rabigh $2 billion
Japan’s Sumitomo Chemical and Saudi Aramco will lend $2 billion to their refinery and petrochemicals joint venture as it faces…
ADGM established close partnerships with over 100 Chinese leading institutions: Al Sayegh
Ahmed Ali Al Sayegh, Minister of State and Chairman of Abu Dhabi Global Market, ADGM, has extended warm congratulations to…
ADDED signs cooperation agreement with ADQ
The Abu Dhabi Department of Economic Development and ADQ have signed a cooperation agreement to support the Abu Dhabi Local…
Saudi Arabia imposes new tax on property deals, exempts them from VAT
Saudi Arabia’s king on Friday issued an order exempting real estate deals from a 15% value-added tax (VAT) and imposed…
Discover Qatar draws over 100,000 visitors in 2019-20
Over 100,000 passengers from across the world have enjoyed Discover Qatar services during 2019-20, showing Qatar is fast emerging as…
GCC Islamic asset managers stay resilient
Net inflows into some large Islamic funds in the GCC countries have remained positive despite weaker markets and lower oil…
SANAD, Banque du Caire strengthen partnership to support MSMEs in Egypt
The SANAD Fund for MSME (SANAD) announced on Thursday that it has provided a new loan of $15m to Banque…
“GFH” decides to cancel the listing of its shares on the…
The general assembly of the “GFH” Financial Company, listed on the Dubai, Bahrain and Kuwait Stock Exchanges, approved the cancellation…