Saudi renewable sector to generate 750,000 jobs over the next 10 years
A recent report by the US-Saudi Business Council (USSBC) has revealed that the level of ongoing investments in Saudi Arabia’s…
Hedge Funds & Alternative Investments
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Sales of ready-to-move villas in Dubai hit a record high in July
Sales of villas and townhouses in Dubai rose to their highest ever as buyers snapped up spacious properties amid the…
Abu Dhabi in talks with banks for new international bond deal, sources say
The government of Abu Dhabi is in talks with banks for a new international bond issue, sources said, having already…
UAE: National Banks’ Assets Soar to $816 Billion in H1 2020
Total assets of the 18 listed national banks in the UAE rose to around AED3 trillion ($816 billion) in H1-2020,…
CCB lists $1.2b green bonds on Nasdaq Dubai
China Construction Bank Corp celebrated the listing of two green bonds of $700 million and $500 million, totaling $1.2 billion,…
UAE residents flying back to Dubai still require GDRFA approval
UAE residents flying back to Dubai continue to require approval from the General Directorate of Residency and Foreign Affairs (GDRFA)…
ADIO, ADQ join forces to boost Abu Dhabi's digital economy, startups
The Abu Dhabi Investment Office and ADQ, one of the region’s largest holding companies, will join forces to spur further…
DIFC launches new license starting at $1,500 for startups and entrepreneurs in Dubai
The Dubai International Financial Centre has launched a new Innovation License for startups, entrepreneurs and technology firms which choose to…
Kuwait budget deficit could widen to $46bln in 2020/21 -document
Kuwait expects its budget deficit to widen in its 2020/21 fiscal year to 14 billion dinars ($46 billion), according to…
Sheikh Mohammed reviews UAE's 'New Economy' gameplan
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai reviewed…
Saudi Arabia's SABIC picks banks for dollar bond – sources
Saudi Basic Industries Corp 2010.SE, the world’s fourth-biggest petrochemicals firm, has picked banks to arrange a U.S. dollar denominated bond…
UAE national banks’ assets hit $816bn in H1
Total assets of the 18 listed national banks in the UAE rose to around AED3 trillion ($816 billion) in H1-2020,…