Expat tycoons welcome UAE's new investment policy
The landmark investment reform allowing 100 per cent foreign ownership is set of take full effect with the UAE Cabinet…
Hedge Funds & Alternative Investments
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Qatar central bank says sells 600 million riyals of t-bills
Qatar central bank sold 600 million riyals ($165 million) of treasury bills in an auction, it said in a statement…
Foreigners can now have 100% ownership in 13 sectors in the UAE
The UAE's Cabinet recently approved a historic decision that effectively makes 122 economic activities in 13 sectors eligible for up…
In first, Arab Israeli appointed chairman of Israel’s largest bank
An Arab-Israeli has been named chairman of the board of a major Israeli bank for the first time. Bank…
11 Abu Dhabi entities come under one roof
The Abu Dhabi Executive Council on Wednesday announced it was rolling 11 government entities into a single holding company. …
Abraaj Gets Closer to Selling Off Some of Its Funds
Actis received investor approval to take over two funds managed by the collapsed Abraaj Group, clearing a major hurdle for…
Investments of UAE banks in Saudi Arabia and Egypt exceed $24 billion
The Central Bank of the United Arab Emirates announced that the value of investments by UAE banks in Saudi Arabia…
UAE approves 13 sectors eligible for up to 100% foreign ownership in bid to spur investment
The United Arab Emirates will allow up to 100 percent foreign ownership of some companies operating in 13 sectors, including…
QSE gains for fourth straight session on strong buy support
The Qatar Stock Exchange on Tuesday continued to gain for the fourth straight session on strong buying interests, especially within…
UAE indices little changed amid summer lull
The UAE’s benchmark indices were little changed on Tuesday amid a summer lull that saw trade values dwindle as investors…
Saudi Aramco to restart preparations for Mega IPO
Saudi Arabia is restarting preparations for a potential initial public offering of oil giant Aramco, months after putting the planned…
FlexxPay to offer a cloud-based payroll solution to organizations across the GCC
Dubai-based social impact startup FlexxPay.com has raised funding from a group of individual and corporate investors to rollout its financial…