StanChart starts direct trading between yuan, Saudi riyal, UAE dirham
Standard Chartered said on Thursday it had started direct trading between the Chinese yuan, Saudi Arabia's riyal and the UAE's…
Hedge Funds & Alternative Investments
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Gulf countries launch $2.5bn fund to tackle poverty
The Lives and Livelihoods Fund to combat poverty and infectious diseases in the Muslim world was launched in Saudi Arabia…
Adam Rix to leave Amundi's Middle East operation
Adam Rix, director - third party distribution for the Middle East at European asset management giant Amundi is to leave…
Investing in the next generation: the value of Gulf education
Education at the heart of every growing economy — is proving to be a boon for developers seeking alternatives to…
Dubai's Gulf General Investment aims to renegotiate part of debt plan
Dubai-listed conglomerate Gulf General Investment Co is seeking to restructure loans linked to a 2.8 billion dirham debt plan which…
GCC insurance sector reaches $24b
The GCC insurance industry has more than tripled between 2006 and 2015, with insurance premiums increasing to $24 billion as…
Douglas Emmett And QIA Acquire Santa Monica Office Building
Douglas Emmett, Inc., a real estate investment trust, announced the acquisition of 233 Wilshire Boulevard, a 129,000 square foot Class…
Ride-hailing company Careem says profitability in sight
Ride hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about…
FDI is about cultural exchange, sharing of knowledge, Sultan says
His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, opened the…
City hoping for deal news from WS Atkins
The City is hoping for contract news when civil engineering consultant WS Atkins PLC updates the market on Thursday. …
Bin Otaiba Investment Group buys Hyatt Regency Birmingham
Sharjah’s Bin Otaiba Investment Group has expanded its hotels portfolio with the purchase of Hyatt Regency Birmingham in the United…
Disposable income: Qatar tops the list in Middle East
Expatriates in Qatar have excellent benefits for personal finance and the Gulf country topped the list in the Middle East,…