Middle East Developer Selling Luxury Suites and Villas for Bitcoin and Crypto
FAM Holding, a business conglomerate with real estate investments across the United Arab Emirates, is now offering its latest jewel…
Hedge Funds & Alternative Investments
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Six firms in running to manage $1 billion Abraaj healthcare fund: sources
Colony Capital, TPG and Cerberus Capital Management are among at least six firms vying to run Abraaj’s $1 billion healthcare…
Varde Partners appoints Head of EMEA Business Development and Investor Relations
Värde Partners, the global alternative investment firm, announced today the hire of Shannon Gallagher as Head of EMEA Business Development…
Kuwait’s cabinet resists pressure to tax expats’ remittances
The Kuwaiti government has rejected parliamentary demands to impose fees on expatriates’ remittances arguing that the move would harm the…
Abraaj chairman quits as Naqvi faces trial
Sean Cleary, chairman of Abraaj Holdings, has resigned as the Dubai-based private equity group undergoes a court-supervised restructuring. "Following…
Gulf neighbours Kuwait, Saudi Arabia and the UAE will offer new aid to strengthen the country's "fiscal stability"
Bahrain said on Wednesday that its Gulf neighbours Kuwait, Saudi Arabia and the UAE will offer new aid to strengthen…
JLL appoints Head of Consulting Services for Middle East and North Africa
JLL, the world’s leading real estate investment and advisory firm, has appointed John Fekete as Head of Consulting Services for…
Holborn Assets has Dubai licence suspended
Dubai-based Holborn Assets Insurance Brokers has had its Insurance Authority licence suspended for three months, in a rare case of…
New Saudi Arabia ETF Emerges
Saudi Arabia’s addition to indexer MSCI Inc.’s group of emerging markets starting in June 2019 is expected to lure $40…
Abu Dhabi's Eshraq Properties drops merger plans with Reem Investments
Eshraq Properties has dropped plans to merge with fellow Abu Dhabi developer Reem Investments, after the two companies could not…
Kuwait's Contribution to Asian Investment Bank’s Capital Approved
The Kuwaiti National Assembly approved Monday a draft law on the state of Kuwait's contribution to the capital of the…
New Saudi Arabia ETF Emerges
Saudi Arabia’s addition to indexer MSCI Inc.’s group of emerging markets starting in June 2019 is expected to lure $40…