Mohammed bin Rashid enacts amendments to DIFC’s Common Reporting Standard Law
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has enacted the Common…
Hedge Funds & Alternative Investments
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Union Properties in talks with other banks for debt reschedule
Union Properties confirmed that talks are on with multiple banks to set up new debt repayment terms like the Dh946…
Dubai business conditions see first progress in July: MUFG
Dubai’s purchasing managers index – a key indicator and barometer of the health of the economy – witnessed its first…
Arcapita-Mumtalakat consortium exits NAS Neuron
Arcapita Group Holdings, the global alternative investments firm, and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, announced…
Israeli investor glee met with Emirati caution after deal on ties
From a proposed rail link to the Gulf from the Israeli port of Haifa, to quick-hop direct flights from Tel…
UAE's first ETF tracking Sharia-compliant index lists on UAE markets
The UAE's first exchange traded fund tracking a Sharia-compliant index began trading on the Abu Dhabi Securities Exchange (ADX) and…
GFH reports financial results for first half 2020
GFH Financial Group B.S.C has announced its financial results for the first six months of the year ended 30 June…
Global businesses enjoy combined offshore and free zone benefits with RAKEZ Global Product
Ras Al Khaimah Economic Zone continues to increase Ras Al Khaimah’s international appeal with the introduction of its Global Product,…
Tel Aviv Stock Exchange launches TASE Up, a new platform to access tech investments
The Tel Aviv Stock Exchange announced on Sunday the launch of TASE Up, a new tool to help “bridge the…
Saudi Wealth Fund Moves Billions From Blue Chips to ETFs
Saudi Arabia’s sovereign-wealth fund has sold shares valued at over $5.5 billion in several major multinational corporations just months after…
The Fintech Ecosystem of Dubai in 2020
Dubai, the largest city in the United Arab Emirates, is not only the country’s financial and commercial hub but has…
Before the ink dries: Everything you need to know about the UAE’s economy
The United Arab Emirates is an impressive economic success story. The sovereign state at the northeast end of the Arabian…