GCC banks lenders unite to be leaner and efficient in tough conditions
Financial institutions in the region, home to one-third of the world’s proven oil reserves, are consolidating like never before. …
Hedge Funds & Alternative Investments
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Wamda Capital to launch second $70m fund
Wamda Capital, the venture capital (VC) company that emerged out of an entrepreneurship platform set up by Abraaj Capital, is…
New Initiatives To Stimulate Investors In Sharjah
Sharjah Electricity and Water Authority, SEWA, has discussed with a delegation from the Sharjah Chamber of Commerce and Industry means…
Middle East's first Banyan Tree residences attracting major international interest
SWEID & SWEID, developers of the first residential project from the Banyan Tree brand in the Middle East and at…
New wave of consolidation in the offing around the GCC
We are entering the year 2019, with two mergers in Saudi Arabia (SABB and Alawwal; NCB and Riyad), a three-way…
Arzan wealth advises on third lending deal under the Real Estate Debt Platform
Arzan Wealth (DIFC) Limited, a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that…
Dubai joins India’s GJEPC in its MyKYCBank initiative
Surat: Gems and Jewellery Export Promotion Council (GJEPC) and Dubai Diamond Exchange (DDE), a subsidiary of Dubai Multi Commodity Centre…
Egypt, UAE and Tunisia among best countries worldwide in developing renewable energy
Egypt, Tunisia, and the UAE have been listed among the World Bank’s list of the best countries developing renewable energy…
The $259bn question: Saudi Arabia's 2019 budget under the microscope
Saudi Arabia’s 2019 budget is undoubtedly ambitious — but is it realistic? That was a key question being asked on…
Dubai resident returns to find $1m missing from bank account
A Dubai resident got the shock of his life when he found out that he lost $1 million (Dh3.67 million)…
Mideast entrepreneurs among world’s most ambitious and dynamic communities: HSBC
The entrepreneurs in the Middle East are among the world’s most ambitious and dynamic communities given their business achievements and…
Dubai's ultra-prime property still a magnet for investors
Expo 2020 is expected to have a huge impact on Dubai's property market. The potential increase in economic activity and…