Axa partners with UAE insurtech firm on affordable protection
Insurance provider Axa has joined forces with UAE-based technology firm Democrance to improve financial inclusion and boost the development of…
Hedge Funds & Alternative Investments
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Egyptian pound forecast to drop by single digit percentage
As Egypt seeks foreign funds to mitigate the impact of the global pandemic on its balance of payments, economists expect…
Impoverished Jordan holds $3bn of foreign aid in offshore accounts
Jordan has come first in a list of countries that appear to have siphoned huge amounts of foreign aid into…
QSE seen built on a strong base of profitable companies
Qatar’s Covid-19 relief package for the private sector will give visibility for the local businesses in the short term and…
Service Quality and Resilience are Key in Current GCC Environment
The GCC was, generally, very quick to react when early signs of the coronavirus appeared in the region, with a…
Saudi Arabia's PIF buying spree is vote of confidence in pandemic recovery
We should have seen it coming. Yasir Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), told a virtual gathering…
QR75bn stimulus key to ensure sustainability of businesses: Seetharaman
Qatar’s QR75bn financial and economic incentives programme is “very important and plays a key role in sustainability of businesses and…
Bahrain's UGH subsidiary has $8.5mln exposure to agri-trader Phoenix
Bahrain’s United Gulf Holding Company revealed that its unit, FIMBANK, has $8.5 million exposure to Phoenix Commodities, an agri-trader with…
Saudi Arabia Acquires Shares Worth $7.7 Billion in World’s Major Companies
Saudi Arabia’s sovereign wealth fund has gone bargain hunting during the current economic turmoil, snapping up about $7.7 billion worth…
A private client’s guide to DIFC Foundations
DIFC Law No. 3 of 2018 (Foundations Law) came into effect in March 2018, paving the way for private clients…
Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook
Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup ,…
Egypt's Suez Canal Bank to sell entire stake in Midor
Egypt’s Suez Canal Bank will sell its entire stake in Middle East Oil Refinery (Midor) for $30.6 million. The…