UAE leads Arab world in FDI
GCC states led the Arab world in terms of foreign direct investment inflows during 2016. A report issued by…
Hedge Funds & Alternative Investments
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Infrastructure boost from NIIF likely soon; Temasek, Abu Dhabi Investment close to scripting first deal
The National Investment and Infrastructure Fund is in an advanced stage of talks with two sovereign wealth funds — Temasek…
Saudi finance ministry says 13 banks qualify for domestic sukuk programme
Saudi Arabia's finance ministry said on Tuesday that 13 domestic banks had qualified to participate in the government's planned issuance…
UAE economy to bounce back as oil prices recover, says IMF
The UAE is weathering the post-2014 oil shock well and the country’s economic activity is expected to strengthen gradually in…
MidEast buyers snap up 40% of Bahrain-backed London scheme
Investors from the Middle East have purchased a substantial chunk of units at a Bahrain-backed residential project in London, according…
CISI signs Kuwait agreement in bid to ‘transform financial services’ in region
The Chartered Institute for Securities & Investment, is bringing a series of its financial services qualifications to Kuwait, to help…
Bank Muscat wins Banker Middle East's Best Bank in Oman award
Bank Muscat has won the Best Bank in Oman award by Banker Middle East. Omar Al Musafir, Chief Representative…
Hamdan appoints and promotes officials
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council, issued Executive Council…
Minerva appoints Dubai leader
Jersey-based financial services group Minerva has appointed Stephen McCormack as its Head of Minerva Middle East DMCC, the group’s office…
Sanctions against Qatar push inflation up modestly in June
Sanctions imposed by Arab states pushed Qatar’s inflation rate up only modestly in June, official data showed on Thursday, suggesting…
Bank Muscat net profits fall
Bank Muscat's net profits fell to RO84.31m in the six months to the end of June - 6.8% down from…
Bahrain's Alba eyes expansion with $700m fund
The fund will be used to finance its Power Station 5 and Power Distribution System projects. The facilities comprise…