Central bank forecasts UAE GDP to contract 5.2 per cent in 2020
The UAE economy is expected to suffer a deeper contraction this year than originally estimated, with the Central Bank of…
Hedge Funds & Alternative Investments
12508 articles found
UAE's GDP growth for 2020 to contract by 5.2% – Central Bank
The UAE economy is expected to face further contraction, with a decline in GDP of 5.2 percent in 2020 compared…
ADNOC Distribution opens three new service stations in Dubai
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has opened three new service stations in Dubai, at Jafaliya, Nad…
Israel's Harel reaches cooperation deal with Dubai Insurance
Israel's Harel Insurance Group said on Wednesday it signed a deal with Dubai Insurance Co to provide insurance services in…
Saudi Arabia's construction sector is powering Vision 2030
The infrastructure and construction industry is a crucial pillar of the government’s plan to overhaul the Saudi Arbia economy. Anwar…
‘SMEs’ commitment to the climate initiative enhances their competitiveness’, says Sheikh Khalifa
A coalition of major organisations has announced the launch of a groundbreaking one-stop-shop climate action platform for small and medium-sized…
Singapore among countries likely to recover first; global economic recovery slated to stretch to 2023 and beyond: S&P Global Ratings
Singapore, along with China, Canada, Hong Kong, South Korea, and Saudi Arabia are among the banking systems that are likely…
Are green bonds the future for the Gulf or just a gimmick?
Analysts ponder the rise of green bonds in a region known for oil wells, tankers and sprawling natural-gas plants …
Mubadala and Sberbank Sign Strategic Agreement To Explore Opportunities
Mubadala Investment Company and Sberbank has signed a strategic agreement to explore opportunities of mutual benefits. The agreement covers…
KBBO Hires Restructuring Expert for $2 Billion Debt Revamp
Abu Dhabi-based KBBO Group, once one of NMC Health Plc’s biggest shareholders, has hired a turnaround specialist to restructure its…
Apex bolsters UAE presence with acquisition
Apex Group has announced the acquisition of Praesidium Advisory Ltd. The deal, which closes today, adds further weight to…
Growing digitalization makes the oil and gas industry more vulnerable to cyberattacks
The oil and gas industry is increasingly relying on digital technologies to transform itself in the 21st century. As increasing…