UAE citizens invest to AED1.65 billion in Abu Dhabi, Dubai stock exchanges
Official figures showed that, in March 2020, UAE citizens invested with a total of AED1.65 billion in Abu Dhabi and…
Hedge Funds & Alternative Investments
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Maybank Islamic’s new Dubai branch sets out to attract Gulf investors to Southeast Asia
Maybank Islamic’s move into branch banking in the Middle East aims to give investors there a first taste of investment…
Coronavirus, low oil prices threaten GCC insurers’ earnings- S&P
The coronavirus pandemic and the oil price shock threaten earnings of GCC insurers, possibly leading to negative rating actions in…
Saudi Arabia pumps 12m barrels of oil for the first time
Saudi Arabia pumped more than 12 million barrels of oil on Wednesday for the first time in its history. …
Bahrain pays back $1.25bln in bonds – statement
Bahrain has paid back $1.25 billion in bonds that matured on March 31, the Ministry of Finance and National Economy…
Abu Dhabi bank taps Lazard to advise on NMC, Finablr exposures
Abu Dhabi Commercial Bank hired Lazard Ltd. to advise on its exposure to NMC Health Plc and Finablr Plc, as…
UAE Exchange customers keep waiting for their money
Some UAE residents have become victims of the ongoing shutdown of operations at UAE Exchange Centre, with their funds getting…
Al Ramz Capital expands market-making activities on Nasdaq Dubai
Al Ramz Capital, a subsidiary of Al Ramz Corporation Investment and Development, has expanded its market-making activities in Nasdaq Dubai…
Adnoc Distribution raises dividend to Dh2.57b
Adnoc Distribution raised its dividend payout to Dh2.57 billion, an increase of 7.5 per cent over last year. This was…
Turkey widens emergency response with bond buying
Turkey’s central bank on Tuesday added to its emergency programme to help contain the economic fallout from the coronavirus outbreak…
Survival of the fittest: Good governance and transparency in the workplace
Let there be no doubt, being a founder is no joke. Even in the best of economic and geopolitical climates,…
Ezdan Holding posts QR309.2mn net profit in 2019
Ezdan Holding Group has posted a net profit of QR309.2mn in 2019 compared with QR433.7mn in 2018, the company announced…