EBRD extends US$125 million in new funds to Turkey’s Enerjisa
EBRD US$125 million loan to Enerjisa Enerji helps keep lights on for 21 million people New funds to strengthen cash…
Hedge Funds & Alternative Investments
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Gulf banks can absorb up to $36B shock
Despite facing deterioration in profitability in 2020 because of the dual shock of Covid-19 and the decline in oil prices,…
Saudi Tabadul opens e-platform for bank guarantee service
Saudi Company for Exchanging Digital Information (Tabadul), a subsidiary of the Public Investment Fund (PIF) has launched a first-of-its-kind digital…
Bahrain Clear inks deal with First Abu Dhabi Bank
Bahrain Clear, a major clearing house in the kingdom, has signed a depository agent (custodian) agreement with First Abu Dhabi…
IMF Response Signals Positive Agreement with Lebanon
Lebanon’s economy is entering a new stage next week, with the start of direct negotiations with International Monetary Fund officials…
Real estate sector development panel to help boost realty market: Ezdan
The approval to the Cabinet decision to form a dedicated committee on `real estate sector development strategy` will provide plenty…
Sustain Exchange appoints fintech scholar to Shariah Board
SULAIMAN ALFAHIM has announce the appointment of MUFTI FARAZ ISLAMIC Fintech scholar as Advisor of SHARIAH BAORD, effective 11 JUNE…
Spot Gold prices move back above $1,700 – could they be even higher?
Nail biting tension, as well as deep breaths and sighs as economic data releases worldwide gradually confirm the arrival of…
MEASA private wealth opportunities during uncertain times
OVERVIEW The Middle East, Africa and South Asia remains a top 3 global region for growth of private wealth…
Bahrain offers riskiest Eurobond since market hiatus
The Gulf kingdom of Bahrain is poised to become the lowest-rated country selling dollar bonds since the market hiatus triggered…
'What's the Point of Staying?': Gulf Faces Expatriate Exodus
A popular Saudi talk show host told private businesses this week it was their national duty to lay off foreign…
Over 1,000 DIFC companies enrol in end-of-service scheme
Zurich Workplace Solutions has confirmed that the majority of companies based in the Dubai International Financial Centre signed up to…