Falcon makes three big hires in Asia and Middle East
Falcon Group, a provider of inventory management solutions, has named three senior managers in Asia and the Middle East as…
Hedge Funds & Alternative Investments
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World Bank slashes UAE, GCC, Mena growth forecast
The World Bank, on Wednesday, slashed the growth forecast for the UAE, GCC, and Middle East and North Africa region…
ADNOC and Abu Dhabi Pension Fund sign agreement to increase pensionable salary of ADNOC's UAE national employees
The Abu Dhabi National Oil Company had signed an agreement with Abu Dhabi Retirement Pensions & Benefits Fund to improve…
Dubai regulator fines defunct wealth firm nearly $250,000
The Dubai Financial Services Authority had announced that it has fined Morgan Gatsby Limited, approximately USD 246,000 (approx. AED 900,000),…
GCC sovereigns' 2020 outlook is negative, says Moody's
Moody’s Investors service said in a report that the outlook for sovereign creditworthiness in the Gulf Cooperation Council in 2020…
Saudi Arabia 2020 budget
The Saudi government set an optimistic target for the country’s economic growth when the Cabinet approved the SAR 1.02 trillion…
Saudi Business Sector Promised With Attractive Investment Opportunities in Cyprus
The Saudi business sector focuses on bolstering partnership opportunities and trade and investment cooperation with Cyprus. A Cypriot diplomat…
UAE’s Tabreed eyes new deals amid GCC expansion push
The National Central Cooling Company, also known as Tabreed, is looking to expand its presence in the Gulf markets, particularly…
DFSA takes action against Morgan Gatsby Limited for multiple serious breaches
The Dubai Financial Services Authority has announced that it has fined Morgan Gatsby Limited, approximately USD 246,000 (approx. AED 900,000),…
MUFG expects growth in real GDP in 2020 in the MENA region
An MUFG MENA Economic report issued ha sexpects a pick-up in MENA regional growth in 2020 despite heightened geopolitical tensions…
Dubai's Amlak Finance achieves 95% approval on debt restructuring
Amlak Finance, a Dubai-based Islamic mortgage provider, announced that it has achieved 95 percent approval on its debt restructuring terms.…
Dubai developer Azizi targets Chinese buyers
Dubai-based Azizi Developments is targeting Chinese real estate buyers as Chinese investments into the UAE grow on the back of…