Qatari investors group's profits rise by 1.48%
Qatari Investors Group (a Qatari public shareholding company) reported a 1.48 percent increase in net profits during the first half…
Hedge Funds & Alternative Investments
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Solidarity Bahrain raises BD 12mln through preference share issuance
Solidarity Bahrain B.S.C., a leading Islamic insurance provider, has successfully raised BD 12 million through the issuance of Bahrain’s first…
UAE investors now prefer gold bars – less of cash
Hold more gold - and less of cash. High networth investors in the UAE are doing just that, with…
Abu Dhabi office market displays strength amid record occupancy and rental growth, reports Savills
Abu Dhabi’s office market continues to strengthen in Q2 2025, as tight supply and rising demand push occupancy and rental…
Oman joins World Free Zones Organization to shore more foreign investment
Oman’s free zones are set to attract greater foreign investment after signing up to a global network designed to boost…
UAE’s Mubadala Capital invests in US AI firm Anaconda's $150mln Series C
US-based artificial intelligence company Anaconda, Inc. has secured $150 million in a Series C funding round, with Mubadala Capital, the…
Kuwait's KFH reports net profit of $1.11bln for H1 2025
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq announced that KFH achieved a net profit of KD 342.1 million for…
Global growth forecast rises slightly, inflation set to ease by 2026
Global economic growth is expected to pick up slightly in the coming years, according to the International Monetary Fund’s (IMF)…
Saudi PIF named most valuable and fastest-growing sovereign wealth fund
Saudi Arabia’s Public Investment Fund has been named the most valuable and fastest-growing sovereign wealth fund in the world, with…
Aldar delivers 24% net profit growth in H1 2025 driven by recognition of revenue backlog and investment platform expansion
H1 net profit before tax up 35% YoY to AED 4.7 billion, while net profit after tax rose 24%…
Aldar announces sale of eight-bed mansion for record $109mln
Leading Abu Dhabi developer Aldar has announced the record-breaking sale of an eight-bedroom ultra-luxury mansion in Faya Al Saadiyat -…
Wipro wins Multi-Year “Smart Grid” deal from Saudi Electric Company
Wipro Limited has announced a multi-year strategic contract from Saudi Electric Company – National Grid SA. Wipro will implement…