Saudi startups received funding worth $67 million in 2019
Saudi Arabia broke its record in the number of investment deals and fundings Saudi-based startups witnessed in 2019. Not…
Hedge Funds & Alternative Investments
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UAE allocates US$2b for investment in Mauritania: state media
The United Arab Emirates will pump US$2 billion into investment and development projects in Mauritania, state media said Sunday during…
UAE’s real estate funds bide their time
The property price correction in the UAE has triggered many investors to explore alternate investment avenues to preserve and grow…
Emirates NBD expects a ‘modest year’ for investor returns
Emirates NBD, Dubai’s biggest lender by assets, said investors should expect “positive, but modest” returns this year after a “spectacular…
How Abu Dhabi property prices, rents fared in 2019
Average Abu Dhabi property values have fallen by 11 percent during 2019, according to new figures released by consultancy ValuStrat.…
Saudi central bank shrugs off weaker growth forecast as tourism sector heats up
The opening up of Saudi Arabia’s tourism sector will boost the country’s growth outlook and protect the economy from a…
First REIT launched in the UAE to support 'green' investment
Masdar, a subsidiary of Mubadala Investment Company, has announced the launch of a sustainable real estate investment trust (REIT), the…
Lebanon central bank chief says $1bn sent abroad
The governor of Lebanon's central bank said Thursday that $1 billion had been transferred out of the country, despite tight…
Middle East's $4.5B Cloud Applications Market by Application, Organization Size, Vertical, and Country – Forecast to 2024
The "Middle East Cloud Applications Market by Application (ERP, CRM, HCM, SCM, and Business Intelligence and Analytics), Organization Size, Vertical…
Egypt- World Bank Group, Partners launch new initiative to expand A2F for MSMEs, drive growth, jobs in MENA
The World Bank Group, in partnership with the Netherlands, the United Kingdom, Sweden, and Switzerland is launching a new expanded…
ADIB provides AED 320 million financing for healthcare facility in London and Edinburgh
Abu Dhabi Islamic Bank, ADIB, has provided through ADIB UK a combined AED 320 million (₤66.6 million) Sharia-compliant structured financing…
UAE-Luxembourg looks to increase trade in key industries
The UAE and Luxembourg are looking to increase cooperation in key areas such as industrial, ICT, healthcare technologies, finance, Islamic…