GFH profit jumps fivefold to $62m in first half
GFH Financial Group reported on Sunday $62.1 million (Dh227.9 million) in net profit attributable to shareholders for the first half…
Hedge Funds & Alternative Investments
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Foursan Group enlists SRB to manage PE fund
Foursan Group, a leading Mena private equity investor, has enlisted Shariyah Review Bureau for reviewing, certifying and supervising its private…
Qatar Insurance to list subsidiary on stock exchange
The parent company of Bermuda-based reinsurer Qatar Re is preparing to list one of its other subsidiaries on the Muscat…
Missing analysts' estimates Damac reports 21 per cent plunge in second quarter profit
Damac Properties, the Dubai-based real estate developer and business partner of US President Donald Trump in the emirate, said second…
UAE is likely to see increased cashless transactions by 2020: Xpress Money’s Strategy & Digital Chief
Cash is still the reigning king, but that is likely to change rapidly given the UAE’s thrust towards cultivating smart…
Emaar Properties H1 net profit jumps 15pc to $772m
Dubai-based Emaar Properties recorded a growth in net profit of 15 per cent to Dh2.837 billion ($772 million) during the…
CBO approves merger between National Finance and Oman Orix
National Finance Company and Oman Orix Leasing Company have received in-principle approvals from the Central Bank of Oman for their…
SHUAA Capital half yearly profits highest since 2009
SHUAA Capital, one of the region’s oldest integrated financial services firm has announced its financial results for the period ending…
Saudi budget deficit halves as financial reforms kick in
Saudi Arabia’s budget deficit halved in the first six months of the year following sweeping spending cuts that form part…
Pakistani industrialists seek new trade ties
A delegation of Pakistani businessmen and industrialists is visiting Qatar to explore new grounds for building new trade partnerships while…
Investcorp reports 34% increase in profitability
Investcorp has announced its full year results for the twelve months ending 30 June 2017. The Firm has seen…
Meet The Jewish Hedge Fund Manager Behind The Taylor Force Act
In February, Sander Gerber, chief executive of a New York-based hedge fund, mounted the stage at an influential annual gathering…