Oman 'to look east' to China, India for future investment
Oman is likely to look to markets outside the GCC for investment opportunities in the coming years, according to a…
Hedge Funds & Alternative Investments
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Beehive raises $5 million investment
Peer-to-peer (P2P) lending Beehive has secured $5 million investment as part of a Series A round led by Riyad TAQNIA…
Abu Dhabi on track to record fiscal surplus this year
The Abu Dhabi government could record a fiscal surplus this year at oil prices around $50/bbl (Dh183.50) according to forecasts…
Kuwait’s public finance on strong footing despite revenue squeeze
Kuwait is well placed to withstand low oil prices given its low debt and enormous financial buffers, which allow the…
World Bank to Triple Funding to Egypt to $US 1 Billion, Focus on Renewable Energy
The World Bank’s private sector lending branch of the International Finance Cooperation (IFC) has announced plans to triple its funding…
Green finance a key component of sustainable growth strategy
A Green Economy for Sustainable Development initiative launched in 2012 and the Green Agenda 2015-2030 set the course for Dubai’s…
Tourists visiting Abu Dhabi, Dubai, RAK up 9.9pc in H1
The number of tourists of various nationalities visiting Abu Dhabi, Dubai and Ras al-Khaimah increased by 9.9 per cent during…
Saudi Arabia’s banks getting ready to finance women buying cars
The decision to allow women to drive will result in increased car sales requiring bank loans, and it is expected…
Holborn Assets to resume trading in the UK with FCA backing
Holborn Assets has been given the green light from the Financial Conduct Authority (FCA) to resume operations in the UK. …
Saudi insurers soar after ban lifted
Investors in Saudi Arabia are betting insurance stocks will be key beneficiaries from the lifting of a ban on women…
Mideast funds more cautious toward equities, positive on Qatar
Middle East funds on balance became more cautious towards regional equities over the past month but more positive towards Qatar,…
Remittances by foreign workers in UAE reaches Dh78 billion
Indian workers continued to lead as the most active nationality in terms of remittances, which reached Dh14.64 billion. The…