Arab development bank acquires stake in African multilateral lender
The Arab Bank for Economic Development in Africa, an institution owned by 18 Arab countries, has acquired a stake in…
Hedge Funds & Alternative Investments
12529 articles found
Opec to remain central bank of oil: UAE minister
UAE's Energy Minister stressed that there is no intention to dismantle the organisation. The UAE's Energy Minister on Monday…
SoftBank seeks Deutsche's advice on Saudi power investments-sources
SoftBank has hired Deutsche Bank to advise on its power investment plans in Saudi Arabia, two sources familiar with the…
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…
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…