Local banks lower investment in T-bills during H1 2018
Local banks lowered their investments in treasury bills (T-bills) during the first half of 2018, recording about LE 665 billion,…
Hedge Funds & Alternative Investments
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These UAE private sector workers will get a six-day holiday
Expecting a low turnout of employees as well continuity of operations, some companies in the UAE have switched Eid Al…
Qatar to invest $15b in Turkey's financial markets and banks
Qatar pledged $15 billion of investment in Turkey that will be channeled into Turkish financial markets and banks, a government…
Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project
Bahrain Islamic Bank (BisB) has recently signed an agreement with Kingdom Properties Real Estate S.P.C. to provide property financing for…
Dubai eyes Dh110B India trade
Dubai aims to increase non-oil trade with India to Dh110 billion from the existing Dh99 billion over the next couple…
UAE most competitive economy in Mena region: World Bank, WEF
The UAE has the most competitive economy in the Middle East and North Africa (Mena), says a new study from…
Waha Capital Q2 profit surges 38.5% on investments and assets management businesses
Waha Capital, which counts Mubadala Investment Company among its shareholders, reported a 38.5 per cent year-on-year rise in the second-quarter…
Qatar National Bank names Vietnam as Asia’s newest ‘tiger’ economy
The latest ‘tiger’ economy in Asia is Vietnam as the country emerges as one of the world’s fastest growing economies,…
REYL Group appoints CEO of REYL Finance in the UAE
Following the nomination of Pasha Bakhtiar as a partner of Bank REYL & Cie in Geneva, REYL Group has appointed…
Egypt: AAIM's assets under management jump to USD269m
Egypt's Arab African Investment Management was unveiled to have registered a boost in its overall assets under management, standing at…
State Street banker sees pace of reforms in Arabian Gulf accelerating
The rapid economic changes taking place in the Arabian Gulf economies require a cadre of top global financial institutions to…
Saudi Arabia's massive investment fund said to be uninterested in funding Tesla's idea to go private
Saudi Arabia's Public Investment Fund has shown no interest so far in financing Tesla CEO Elon Musk's proposed $72 billion…