Lebanon’s banks remain stable, seeing moderate growth
Socioeconomically, Lebanon at the end of 2018 gives the appearance of having experienced a year of only two seasons: an…
Hedge Funds & Alternative Investments
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China's plans to invest $20 billion in Egypt collapse
Talks between Egypt and China on the development of a new capital city area worth $20 million have halted following…
Shuaa Capital begins consolidation after buying Kuwait’s Amwal
The Dubai-based financial services firm Shuaa Capital has started “consolidation efforts” following its acquisition of the Kuwait-based Amwal International Investment…
NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank
Faisal Al-Hamad said that the company has a new strategy for the next three years. It follows the needs…
Kuwait to allow foreign ownership in bank shares without caps-KUNA
Kuwait's ministry of commerce and industry will allow foreign ownership and trading in shares of Kuwaiti banks without caps, state…
Boom years ahead for Middle East
Despite the general economic slowdown, there will be unprecedented growth in the region in eight to 10 years, a Dubai-based…
Saudi pledges Tunisia financial aid of about $830m
Saudi Arabia has pledged financial aid to Tunisia worth about $830m, Tunisian Prime Minister Youssef Chahed told reporters on Saturday…
Qatar Fund building venture capital unit for US startups
Qatar's sovereign wealth fund, famous for investments in London's Shard and Tiffany & Co., is quietly expanding its venture capital…
UAE Forum Opens Room for Debating 2019 Economic Prospects
The global economic outlook for 2019 remains unclear as changes take place rapidly around the world. Arab and international…
Invest Bank board to recommend Sharjah govt as top strategic investor
Invest Bank’s board of directors will recommend to its shareholders the injection of capital by the Sharjah government as a…
Abraaj Credit Fund to Be Taken Over by Kuwait's NBK CapitalNBK to make nominal payment to take over fund’s management
Liquidators of the collapsed private equity fund Abraaj Group are close to completing the transfer of its credit fund to…
Senior departure at Friends Provident International
Philip Cernik is to leave Friends Provident International following a restructure of the firm’s Dubai office, International Adviser can reveal.…