SaudNew round of GCC bank mergers in the offing
GCC's banking sector is expected to see a new round of mergers and acquisitions in the wake of the latest…
Hedge Funds & Alternative Investments
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UAE central bank withdrawal of excess cash from banking system signals recovery, analysts say
The UAE Central Bank reduced banking sector liquidity for a second consecutive month in August, a move analysts believe signifies…
Attijariwafa Bank keen to take advantage of various investment opportunities in Egyptian market
General Manager at Attijariwafa Bank Group Ismail Douiri said that the basic features of the strategy of the bank’s work…
Bahrain Finance Minister: Great potential for public-private partnership
Speaking at the workshop jointly organised by the Finance Ministry and the World Bank, he praised the bank’s expertise in…
Mideast’s wealthy go slow on overseas property buying binge
Middle East investors cut their overseas real estate investments by nearly half in 2016, totalling $16 billion (Dh58.7 billion) to…
Why is Qatar on a selling spree of its overseas investments?
Why is Doha offloading some of its assets abroad in recent months? Is the prolonged diplomatic and economic sanctions by…
Dubai’s Atlas Jewellery still struggling to resolve debt issues
Three banks are blocking a deal aimed at resolving the close to Dhs500m ($136.1m) debt troubles of Dubai-based Atlas Jewellery,…
Dubai's Abraaj hires key figure in Middle East peace process
A former key figure in the Middle East peace process has been appointed by Dubai-based Abraaj Group as a managing…
Dubai-based investment company now the reported buyer of Sahara Group's NYC hotels
According to one report, Royale Partners Investment Fund, a Dubai-based investment company, has acquired Sahara Group’s two New York hotels:…
Pension Funds second largest investor in GCC after SWFs
Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a report on GCC Institutional Investors III –…
The Frontier Emerging is the Next Frontier: EFG Hermes USA Will Provide Global Clients with Access to Frontier Emerging Markets
EFG Hermes, the largest independent MENA investment bank, has recently acquired approval from FINRA to launch its US-based office through…
Dubai realty attracts $21bln investments till date
Dubai has attracted Dh78 billion worth of investments in the real estate sector so far this year, said a senior…