DriveWealth signs UAE-based WealthFace
DriveWealth has announced a new partnership with Wealthface. The agreement marks DriveWealth's first initiative in the Middle East and…
Hedge Funds & Alternative Investments
12505 articles found
UAE's SHUAA forecasts $13.6mln annual synergies from ADFG merger by Q2 2021
UAE-based financial services group, SHUAA Capital, expects to realize 50 million dirhams ($13.6 million) in annual synergies by Q2 2021…
Aion Digital, Qarar team up to boost digital banking in Middle East
Fintech firms Aion Digital and Qarar have joined forces to accelerate the growth of digital lending growth across the Middle…
NMC Health reassures staff on salary payments
UAE’s largest hospital operator, NMC Health, is close to securing a deal with its creditor banks for the release of…
Govt's financial package announcement lifts QSE above 8,400 levels
The government's proposed financial package on Monday substantially lifted sentiments on the Qatar Stock Exchange, whose key index rose above…
Dubai Holding and Meraas announce $270mln coronavirus relief package
DubaiHolding and Meraas Dubai has launched a 1 billion dirhams ($270 million) economic relief package aimed at supporting existing business…
Oman Insurance considers bid for AXA's Middle East operations
Oman Insurance Company is mulling a bid for the Middle Eastern operations of French insurer AXA, Bloomberg has reported. …
UAE Central Bank issues 'Dormant Account Regulation'
The Central Bank of the UAE has issued the “Dormant Accounts Regulation”, which intends at establishing a framework for the…
Six-Month Deferral On Instalments
Bahrain’s top bank yesterday deployed further regulatory measures and relaxations to cushion the pain inflicted by the coronavirus (COVID-19) on…
Business, but not as usual: a new era of more corporate responsibility?
The last few weeks have seen extensive turmoil as the ongoing Covid-19 outbreak sweeps across the world. While much of…
Qatar Central Bank lowers interest rates
Qatar Central Bank announced yesterday that it reduced its deposit rate by 50 bps to 1.00 percent, lending rate by…
Coronavirus: bars, clubs and lounges to close in Dubai – restaurants to remain open
The Government of Dubai and Dubai Tourism has announced that all bars, pubs and lounges in the emirate will be…