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…
Hedge Funds & Alternative Investments
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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…
Governments Around The World Must Rethink Their Structure In The Face of Disruption
Powerful forces are transforming societies everywhere—but the structure of most governments remains unchanged. The public sector must move away from…
Saudi's fund manager-in-chief veers off-piste
Mohammed bin Salman is Saudi Arabia's fund manager-in-chief. The 32-year-old crown prince has direct control of the $250 billionPublic Investment…
Saudi Aramco, Malaysia's Petronas tap banks for jumbo financing – sources
Saudi Aramco and Malaysia's Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for…
Dubai financial firm Shuaa proposes first dividend payment for 10 years
Dubai-based Shuaa Capital on Monday said it is planning to make dividend distributions to shareholders for the first time in…
The best high-interest savings accounts in the UAE
As US interest rates rise and UAE banks pass this onto local savers, there is finally a reason to get…
Asset manager Fidelity International to launch in DIFC
Fidelity International, an asset manager, will set up an office at the Dubai International Financial Centre, the emirate’s financial free…
United Arab Bank secures $185m funding
United Arab Bank (UAB) has concluded syndicated term financing facilities that add up to $185-million (Dh679.5 million). The two-year…
The rise of humanoid robotics in the Middle East
Countries in the Middle East are warming to humanoid robotics, robotic process automation (RPA) and artificial intelligence (AI) as these…
United Arab Bank concludes $185m financing
United Arab Bank (UAB) has announced the successful conclusion of its $185 million syndicated term financing facilities signed on July…