Waha Capital acquires stake in Petronash
UAE investment firm Waha Capital on Monday said it acquired a significant minority stake in Dubai-based oilfield services company Petronash…
Hedge Funds & Alternative Investments
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Federal debt law to create foundations of domestic bond market
The UAE Central Bank on Sunday welcomed the recent issuance of a Federal law on public debt aimed at effectively…
Kuwaiti-Qatari trade volume touches $360 million in 2017
The volume of trade between Kuwait and Qatar has surged to $360 million in 2017, a significant growth by 100…
UAE rolls out affordable insurance scheme to replace bank guarantees
The UAE has started issuing new insurance policies for workers in place of bank guarantees from Monday, the ministry of…
UAE International Investors Council Explores Opportunities In Kyrgyzstan
Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council, UAEIIC, and Shingiz Ishimbekov, Ambassador of Kyrgyzstan to the…
Fairway Group launches operations in Bahrain
Fairway Group, the Jersey-based independent, owner-managed fiduciary business offering trust, fund and pension services, is expanding internationally with the opening…
Saudi buyers snapping up European commercial real estate
Saudi Arabian asset management firm SEDCO Capital recently acquired three properties worth $179.9m across France and the UK as investments…
Women’s empowerment in the Saudi workplace
This week, I will concentrate on women’s empowerment and how the role and capacity of women could shape the Kingdom’s…
UAE, Saudi banks to benefit from rising interest rates
Banks in the UAE and Saudi Arabia are expected to benefit from the rising interest rates after the recent interest…
View from abroad: UAE dominates M&A deals closed in Q3, especially among foreign investors
The United Arab Emirates continued to dominate merger and acquisition (M&A) transactions in the Gulf Cooperation Council in the third…
Burgan Bank successfully completes its rights issue
Kuwait’s Burgan Bank has announced the successful completion of its rights issue, whereby the bank raised KWD 62.55 million of…
UAE calls for IMF, World Bank support in Mena region
Addressing the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bali, Indonesia, Obaid Humaid Al Tayer, Minister…