QDB signs deal with 5 global VC firms for QR100mn SME fund
Qatar Development Bank (QDB) signed agreements yesterday with five international venture capital firms that would provide more than QR100mn worth…
Hedge Funds & Alternative Investments
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Valuation woes hit Saudi, DSI hurt Dubai
Saudi stocks slid 0.6 per cent yesterday as concerns grew about rich valuations for blue-chip stocks after the region’s biggest…
Billionaire Shetty said to hire Evercore on Finablr IPO
Dubai-based billionaire Bavaguthu Raghuram Shetty hired Evercore to advise on a potential initial public offering for his financial-services company, according…
Adia looks inward on asset management
The Abu Dhabi Investment Authority (Adia) last year managed about 55 per cent of its assets through external fund managers,…
Japan, UAE to expand cooperation
Japan and its top trade partner in the Middle East, the United Arab Emirates, agreed on Monday to expand economic,…
How ex-SGX chief regulatory officer Richard Teng is shaping the finance industry in the Middle East
If the eyes are the windows to one’s soul, Richard Teng’s lively gaze is not about to betray his state…
UAE cements position as regional hub for digital entrepreneurship
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council,…
Qatar Wealth Fund May Sell High-End European Hotels
Qatar’s sovereign wealth fund is weighing the sale of three European hotels operated by InterContinental, according to people with knowledge…
How Emotional is the Fed? by Gary Dugan
More active debate likely at this week’s Fed meeting on the pace of future rate rises Near term US inflation…
NBK launches 'Quick Pay' to make simple, fast and secure payments via Mobile Banking app
National Bank of Kuwait makes banking convenient, simple and easy, with the latest innovations in technology. Customers can utilize…
Mubadala reports $2.9bn operating income in 2017
Mubadala Investment Company of Abu Dhabi has reported its full-year 2017 financial and operational highlights, revealing an operating income of…
Arab Bank Group posts $220m profit in Q1
Arab Bank Group has announced its results for the first quarter of 2018 reporting a net profit after tax of…