Monthly markets round-up: Saudi's attempt to woo passive funds pays first big dividend
Saudi Arabia’s stock exchange, Tadawul, saw its index rise 6 percent during the month of March as investors anticipated that…
Hedge Funds & Alternative Investments
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Sharjah group wins top asset management award
Sharjah Asset Management was awarded the Most Innovative Asset Management Company at the International Finance Awards held at Dubai's Jumeirah…
TSYS and Mashreq Bank Announce the Successful Implementation of PRIME℠ for Acquiring Services
TSYS and Mashreq Bank announced today that Mashreq has successfully implemented TSYS’ PRIME software licensing solution, to enhance the bank’s…
Global markets drop amid Wall Street sell-off
Technology shares were hit hard in the United States on Monday after U.S. President Donald Trump attacked Amazon.com over the…
Middle East wealthy own most homes in the world, Knight Frank says
Ultra-high-net-worth-individuals from the Middle East own the largest number of first and second homes in the world, as levels of…
Saudi regulator approves exchange listing of domestic government bonds
Saudi Arabia's securities regulator said on Sunday it had approved the listing of local currency government bonds on the Saudi…
Bakery opens in Dubai to fund emerging markets, backed by Abraaj
Senior executives at Bakery, which is set to commence operations in the coming months, described in detail the remit of…
Qatari investments ‘bring economic development to US cities’, says US-Arab chamber official
Multi-billion dollar Qatari investments in the US are playing a significant role in the economic development of cities in America,…
MENA M&A deal value plunges 57.6% in 2017
2017 M&A deal value in the MENA region declined by 57.6% despite deal count maintaining a level that was consistent…
UAE re-exports trade tops $148bln in 2017
The trade value of re-exported goods in the UAE reached Dh546.5 billion ($148.8 billion) in 2017, compared to Dh532.9 billion…
Mexican firms eye Qatari market
Qatar and Mexico are working aggressively to deepen and strengthen economic and investment relations by expanding the volume of trade,…
Dubai's Abraaj said to be cutting 15% of workforce
Abraaj Group is cutting about 15 percent of its total workforce, according to people with knowledge of the matter, as…