Saudi women finally get behind wheel of luxury cars
Saudi women are making the most of their newfound right to drive, testing out some of the world’s most exotic…
Hedge Funds & Alternative Investments
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GCC budget deficit to shrink to $100bln this year
The budget deficit of the GCC countries will drop by one-third this year, thanks to reforms and revenue measures taken…
SEDCO’s Anees Moumina named ‘Best Family Business CEO’
Anees Moumina, chief executive of SEDCO Holding Group, has received the “Best Family Business CEO” award at the 2017 CEO…
Qatar’s economy in a downward spiral
Qatar attempts to paint a picture of a national economy unaffected by the diplomatic dispute with its neighbors Saudi Arabia,…
Dubai is all set to become disabled-friendly by 2020
Dubai's Executive Council is working to make public buildings and city facilities friendly for people with disabilities by 2020. …
Qatar: a Conspicuous Absence from the Middle Eastern Debt Feast
There's one notable absence from the government bond sale bonanza in the Middle East. Saudi Arabia and Abu Dhabi have…
Saudi processing three applications for banking licences
The Saudi central bank has received three applications for banking licences and processing them is at an advanced stage, central…
Investcorp founder Nemir Kirdar stands down
Bahrain-based Investcorp’s founder has stepped down as chairman of the board of directors, with a former Kuwaiti government minister appointed…
Investcorp founder steps down
Nemir Kirdar, the founder of Bahrain-based alternative asset manager Investcorp which has US$21.3 billion in assets under management, has stepped…
Need seen for more convertible bond issuance in GCC
Key economic programmes such as Saudi Vision 2030 and projects such as Dubai Expo 2020 will facilitate greater investor interest…
GoCompare makes first overseas investment in Middle East with Dubai-based comparison site
Price comparison site GoCompare has announced its first overseas investment with the acquisition of a stake in a Middle Eastern…
Rx Healthcare Fund Announces Anchor Investors
Rx Healthcare Fund, an Africa-focused healthcare private equity fund currently under establishment, today announced that GE Healthcare, a leading global…