Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai's Emaar extends gains
Banking stocks were in demand in Abu Dhabi on Thursday due to expectations of benefits from synergy following the merger…
Hedge Funds & Alternative Investments
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GCC laying the groundwork for green finance: S&P
The oil-rich countries of the GCC are starting to go green, creating the space for a viable market for green…
Kuwait and Iraq seek closer trade ties
Kuwait’s Minister of Commerce and Industry Khaled Al-Roudhan said on Wednesday that his current visit to Iraq aims to eliminate…
Bahrain's Mumtalakat set to raise $600 mln in sukuk
Bahrain’s sovereign wealth fund Mumtalakat is set to raise $600 million in sukuk, or Islamic bonds, with a 5.625 percent…
Bahrain ranks 6th for ownership of bank notes by nationality
Jordan Security Depository Center (Edaa) ranks the Kingdom of Bahrain 6th for ownership of banknotes by nationality in January 2019.…
Emirates NBD approval for debt, equity funding renewed
Emirates NBD’s general assembly meeting on Wednesday reviewed the banking group’s financial results and approved the directors’ report. The…
Traders bullish as DFM index breaches critical level
Traders were left brimming with confidence after the Dubai Financial Market (DFM) general index breached the critical 2,570 level on…
Abraaj close to selling major assets
The Abraaj Group, once the largest private equity firm in the Middle East, is close to reaching a key milestone…
Bahrain's Investcorp launches India office
The office will have $450m assets under management and a team of 21 investment professionals, the company said in a…
Billionaire Mai Vu Minh brings billion-dollar projects to Vietnam, his fatherland
Billionaire Mai Vu Minh and SAPA Thale group’s leaders recently visited Dubai to explore joint venture possibility with Dubai FDI…
Bahrain's $10bn fiscal stability package has boosted confidence, says central bank governor
The $10bn (Dh36.7bn) financial support package extended to Bahrain by Gulf countries, has shored up investor confidence and is helping…
Clamping down on new property supply in Dubai is not a solution
Regulation is a thankless job. The purpose of regulators is to determine a “priori” - what the optimal price level…