GCC Summit condemns sabotage acts on ships in UAE
The GCC Summit in Makkah has condemned the recent sabotage operations, which targeted four tankers in UAE's regional waters and…
Hedge Funds & Alternative Investments
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Bahrain misses key fiscal adjustment goals with 2019-2020 budget
Bahrain does not expect to meet some of the key goals it set out last year as part of a…
Moody’s changes Bahrain’s banking outlook to stable from negative on stronger government finances
Moody’s changes Bahrain’s banking outlook to stable from negative on stronger government finances slightly higher economic growth and stronger government…
Cyprus attracting significant foreign investment in property
Cyprus is ranked 8 out of the top 20 countries globally in the Global Finance magazine's 'FDI Superstars 2018' for…
SoFi raises $500 million more in funding as Qatar buys in
SoFi is no stranger to raising money, as the online lender has raised nearly $2 billion over the last few…
UAE cabinet decision on fee abolition to have positive impact on economy
The latest decision by the UAE cabinet to abolish fees for more than 1,500 government services will have a positive…
DFM-listed banks' profit surged 17% to $1.5bn in Q1
DFM-listed banks' profit surged 17 percent to AED5.51bn ($1.5bn) in Q1 against AED4.69 bn in the corresponding period year before,…
SSH to be lead consultant on Emaar’s Creek Beach District, scope includes MEP
SSH’s scope is to provide full multidisciplinary services as lead consultant comprising architecture, MEP, structures and public realm co-ordination. …
Founder of Dubai-based Abraaj Group released from UK prison after paying record bail
Dubai-based firm Abraaj Group founder Arif Naqvi has been released on bail after paying £15 million -- the largest-ever security…
GCC corporate earnings fall 5 in Q1
Total earnings for the GCC-listed companies decreased 4.7 per cent in the first quarter of 2019 to US$17bn from US$17.9bn…
Qatari sovereign wealth fund takes £200m stake in Severn Trent
Qatar’s sovereign wealth fund has taken a £200m stake in Severn Trent, one of the UK’s biggest water companies. …
Gulf Capital eyes tech investments as it braces for new Gulf story
Alternative asset manager Gulf Capital is betting big on technology firms built in the desert after the successful acquisitions of…