Saudi exchange ‘aims to dominate Arabian Gulf markets’
The Saudi stock exchange, or Tadawul, aims to become the dominant market in the Arabian Gulf with further moves to…
Hedge Funds & Alternative Investments
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NBK Capital Partners closes key real estate fund UAE Business
NBK Capital Partners, an alternative investments firm that leads flexible growth capital investments in mid-sized companies in the Middle East,…
Shuaa Capital rebounds from loss with Dh74m in profit
Shuaa Capital reported on Wednesday Dh74 million in net profit for 2017 as the company turned around its Dh132.5 million…
Majority Of U.A.E. Expats Earn Just Enough To Live On
Nearly 56% of residents in the U.A.E. claim that they are concerned about earning just enough to live on, a…
Central Bank of Iran to Issue Forex Bonds for the First Time
The Central Bank of Iran has announced a plan to issue foreign currency bonds for the first time to provide…
Investcorp net income rises 16% in H1 FY18
Investcorp, a global provider and manager of alternative investment products, on Wednesday announced its fiscal half-year (H1 FY18) results for…
RL360° revamps Lebanon protection product
LifePlan Lebanon is a Lebanese specific version of RL360’s existing LifePlan product and replaces Protected Lifestyle Lebanon, the product currently…
Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources
Qatar’s stock market is set to list its first exchange-traded funds this quarter, market sources said on Tuesday, as authorities…
Omani bourse less affected by global market crash
The global market crash didn’t have a major adverse effect on the Muscat bourse on Tuesday, mainly due to the…
Abraaj Group Denies It Misused Healthcare Funds
Dubai-based private equity investor Abraaj Group has denied reports that it misused funds intended for healthcare projects in South Asia…
Saudi wealth fund near to buying stake in ACWA Power
Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International…
BD30 million portfolio to spur SMEs growth
Tamkeen, the Labour Fund, and Khaleeji Commercial Bank today signed a partnership agreement to manage a financing portfolio worth BD…