EIB’s investments in Egypt hit $11.56bln to date
The European Investment Bank has injected EUR 10.5 billion funding into the Egyptian market since it has started working in…
Hedge Funds & Alternative Investments
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UAE govt spending tops $32 billion in Q1
The UAE consolidated government expenditure rose to Dh119 billion ($32.4 billion) during the first quarter (Q1) of 2019, a growth…
Middle East property investors still favour UK and US
As UAE and regional developers continue to unveil both luxury and affordable real estate across the Gulf, regional investors are…
'UAE a strategic growth market,' says National Payments Corporation of India
National Payments Corporation of India stated that UAE is one of its strategic international growth markets during a press briefing…
Abu Dhabi Securities Exchange slides 0.6% amid index rebalancing
The Abu Dhabi bourse’s main index ended 0.6 per cent lower on Thursday, after falling by over a per cent…
Real estate sector contributes 13.6% to Dubai’s GDP in 2018
The real estate sector in Dubai has achieved positive performance in 2018, boosting the emirate’s GDP growth, according to a…
Investcorp expands international advisory board
Bahrain-based Investcorp, a leader in alternative investment, has announced the appointment of Frances Fragos Townsend, executive vice president for Worldwide…
AUB concludes sale of its share in KMEFIC to Al-Thekeir Co
Ahli United Bank and Ahli United Bank announced that they concluded the sale of their shares in Kuwait & Middle…
Middle East FinTech sector could raise more than $2bn by 2022, Milken says
The Middle East’s FinTech companies will raise more than $2 billion (Dh7.34bn) in venture capital by 2022 given the rapid…
UAE- Emaar inks final terms for $500m sukuk
Emaar Properties on Tuesday said it had signed final terms with the lenders related for the issuance of $500 million…
Safe Haven ETFs to Grab Amid Middle East Tensions
The latest attacks on Saudi Arabia’s major crude facilities have made jittery investors resort to safer bets. The series…
UAE investors to inject $10bn in Bangladesh economic zones
UAE-based investors have lined up several new projects including five free economic zones worth $10 billion in Bangladesh, the plans…