Kuwait bourse to set up VC platform to finance startups
The Kuwait Stock Exchange plans to set up a venture capital market to attract and support the country’s growing startups,…
Hedge Funds & Alternative Investments
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BECO Capital Gets $15 Million From IFC To Back Regional Startups
The International Finance Corporation is investing a total of $15 million into a pair of investment funds managed by Dubai’s…
Saudi Arabia ranks 4th among G20 in reforms
Saudi Arabia ranked fourth in terms of the number of reforms that would contribute to improving business environment at the…
Abu Dhabi diversification efforts set stage for growth
When it comes to future proofing the economy against potential global and regional risks, the UAE is pulling out all…
Dubai cements position as top Islamic economy hub
Dubai is ideally positioned to be a leading player in the Islamic economy with its well-established and flourishing trade, tourism,…
Libyan private bank selects Temenos
Temenos the banking software company, today announced that Alejma’a Alarabi Bank, one of the largest private banks in Libya, has…
Doha Bank records ‘significant’ interest in QR2.73bn Qamco IPO subscriptions
Doha Bank has already recorded “significant” interest from eligible Qataris in the QR2.73bn initial public offering of Qatar Aluminium Manufacturing…
HSBC welcomes partnership between IRENA and ASEAN to accelerate renewable energy deployment
HSBC UAE welcomes that memorandum of understanding signed yesterday by the International Renewable Energy Agency and the Association of Southeast…
Islamic Development Bank to sell 500 million euro sukuk
The Jeddah-based Islamic Development Bank is selling euro-denominated sukuk expected to be 500 million euro (Dh2.08 billion; $567 million) in…
Turkish executives seek clean break from Dubai-based troubled Abraaj
It is never easy to break up, but learning to start over is sometimes even harder. Executives at the…
Saudi’s Alkhabeer to list property trust on market
Saudi Arabia’s Alkhabeer Capital plans to list a property trust on the stock exchange, the company said on Tuesday. …
Russian Sovereign Wealth Fund Attracts Saudi Partner to Its Fund With China
Russian sovereign wealth fund RDIF said on Thursday that its Saudi counterpart would become a new partner in the joint…