Hedge Funds & Alternative Investments

Comment & Analysis

UAE-based agtech Pure Harvest secures $100 million commitment from Kuwait’s Wafra, raises $20.6 million Series A

April 7, 2020

Pure Harvest, a UAE-based agtech business has secured a $100 million multi-stage investment commitment from Wafra, a Kuwaiti investment firm…

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Comment & Analysis

Stimulus measures will help GCC banks remain stable

April 7, 2020

The sharp decline in oil prices, accelerated real-estate price corrections, and drop in vital non-oil economic sectors will pressure the…

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Comment & Analysis

Are there any safe havens in this global market crash?

April 6, 2020

As stock market volatility looks set to continue for some time, investors can be forgiven for wanting to flee the…

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Coronavirus

Emirates NBD and Emirates Islamic jointly contribute funds to UAE Ministry of Education

April 6, 2020

Emirates NBD and Emirates Islamic have contributed AED 4 million (from their Charity Fund) to the UAE’s Ministry of Education…

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Hedge Funds & Alternative Investments

QDB launches National Guarantee Program to support private sector

April 6, 2020

In implementation of the directives of Amir H H Sheikh Tamim bin Hamad Al Thani, to support and provide financial…

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Hedge Funds & Alternative Investments

Asian investor cleared of laundering Dh278 million in UAE

April 6, 2020

The Ras Al Khaimah Misdemeanour Court of Appeal has cleared an Asian trader of laundering Dh278 million via three companies.…

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Hedge Funds & Alternative Investments

Kuwait to borrow $6.6bln for oil projects

April 6, 2020

State-owned Kuwait Petroleum Corporation intends to borrow nearly 2 billion Kuwaiti dinars ($6.6 billion) from local banks to fund its…

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Comment & Analysis

Aramco unit gives $2m to help fight virus

April 3, 2020

A Saudi Aramco unit has given $2 million to aid the fight against the coronavirus.   Aramco Trading Company donated…

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Comment & Analysis

UAE likely to see GDP growth of 2.5pc in 2020: report

April 3, 2020

The UAE's non-oil economy will likely see stagnation in the first half of 2020, according to the latest Economic Update…

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Comment & Analysis

UAE citizens invest to AED1.65 billion in Abu Dhabi, Dubai stock exchanges

April 3, 2020

Official figures showed that, in March 2020, UAE citizens invested with a total of AED1.65 billion in Abu Dhabi and…

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Hedge Funds & Alternative Investments

Maybank Islamic’s new Dubai branch sets out to attract Gulf investors to Southeast Asia

April 3, 2020

Maybank Islamic’s move into branch banking in the Middle East aims to give investors there a first taste of investment…

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Comment & Analysis

Coronavirus, low oil prices threaten GCC insurers’ earnings- S&P

April 2, 2020

The coronavirus pandemic and the oil price shock threaten earnings of GCC insurers, possibly leading to negative rating actions in…

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