Abu Dhabi Financial Group CEO dedicates Arabian Business Achievement Award to team
“If it weren’t for the team I have, we wouldn’t be able to ride booms and busts in the economy…
Hedge Funds & Alternative Investments
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ADGM signs mou with Central Bank of Bahrain to promote innovation in financial sector
Abu Dhabi Global Market and Central Bank of Bahrain (CBB) signed a Memorandum of Understanding (MoU) to promote and facilitate…
Auction of Saudi tycoon's properties to start Dec 2
Saudi Arabia will start auctioning real estate assets of billionaire Maan al-Sanea and his company on Dec. 2 to help…
UAE banking sector to maintain steady growth
The UAE’s banking sector maintained steady growth in spite of volatility across global markets and regional challenges and it is…
Report: UAE Banking System Stable for Now
Moody's Investors Service has kept its outlook on the United Arab Emirates banking system at stable, reflecting a gradually recovering…
UAE-based WakeCap Secures $1.6 Million Seed Round From Global Investors
UAE-based construction technology startup WakeCap has secured $1.6 million seed round from a group of global investors including the leading…
Dubai payments firm Network International selects banks for potential listing
The private equity owners of Middle Eastern payments firm Network International have selected investment banks for a potential listing, according…
Banks support Qatar recovery, Oman up sharply
Qatar's bourse gained sharply and recovered some of its losses from the last two sessions, while the Oman index registered…
Colony Capital founder says firm will focus on asset management
Colony Capital, the $44 billion firm that has seen its market value cut almost in half this year, plans to…
Turkish arm of Abraaj looking for a clean break
In another hit to Abraaj, its Turkish branch is looking to sever ties with the tainted private equity firm, once…
Small businesses are building blocks of economic development: KIB
KIB recently sponsored the 7th Tmkeen Youth Empowerment Symposium (YES), which was held under the patronage of HH the Amir…
Kuwaiti, Egyptian ministers stress importance of economic integration
Kuwaiti Minister of Commerce and Industry Khaled Al-Roudhan and his Egyptian counterpart Amr Nassar agreed Wednesday on the importance of…