Ripples of discontent shake Gulf and Western investors in Africa
Djibouti’s decision to terminate a contract that allowed Dubai’s DP World to operate the Doraleh container terminal has once again…
Hedge Funds & Alternative Investments
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Saudi Arabia prepares to auction detained billionaire's real estate, cars – sources
Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and…
New Islamic start-up incubator launched in Dubai
Dubai Airport Freezone Authority has partnered with Dubai Islamic Economy Development Centre and venture firm Technolera to launch a new…
GFH supports Dubai, banks weigh on Saudi again
The Dubai index was flat but GGFH climbed 4.4 percent after saying Jassim Alseddiqi, chief executive of Abu Dhabi Financial…
QINVEST Reports 2017 Year-End Results
QINVEST has announced its end of year results for 2017. Revenues from all business lines amounted to QAR 368.6…
Founder of Dubai private equity firm Abraaj hands over control of fund
Arif Naqvi, the founder of Dubai-based emerging markets private equity fund, Abraaj Group, has handed the running of the fund…
Developer makes Dubai debut with a bang
You would expect a developer making its debut in Dubai to go down the off-plan route for sales. Not…
UAE insurers report strong results supported by gains in underwriting income
UAE insurers posted healthy top-line growth, improved operating profits and stronger shareholders’ equity in their 2017 financial results, according an…
Saudi January inflation jumps to 3.0 percent on VAT, gasoline price hike
The figures suggested the new tax and more expensive fuel, part of a government drive to cut a big budget…
Bahrain's Alba on track to complete debt financing for smelter expansion: official
Aluminium Bahrain, owner of one of the world's largest aluminium smelters, will raise by the end of this year's first…
Gulf banks catch eye of regional investors
Gulf banks could benefit from rising global interest rates, a Bloomberg conference in London heard. Hasnain Malik, global head…
Damac to experience 'cash flow pressure' in 2018, says EFG Hermes
Operational and financial challenges at Damac Properties, one of the UAE’s biggest listed real estate developers, are expected to continue…