Slowdown in Gulf, a soaring dollar take a toll on nonresident deposits
Deposits from nonresident Indians, an important source of US dollar funding for the Indian economy, is collapsing. It fell 60%…
Hedge Funds & Alternative Investments
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Lubna Al Olayan tops Forbes' list of most powerful Arab women
Saudi Arabia’s Lubna Al Olayan, who’s at the head of a family empire, tops the Forbes Middle East’s list of…
Saudi stocks drop near technical support level
Saudi Arabia’s stock index dropped 2.1 percent to 5,936 points, only 25 points shy of the technical support on the…
Qatar a forward looking nation with dynamism and ambition
I have come to know the Gulf well over the course of my career. My previous role as the British…
Saudi Aramco plans maintenance at refineries at year end
Saudi Aramco plans to shut two refineries towards the end of this year for scheduled maintenance, four sources close to…
Qatar Slumps Ahead Of FTSE Inclusion, Saudi Drops On Austerity Concerns
Qatar's main equity index slumped 4.0 percent on Monday ahead of the additions of some companies in FTSE's secondary emerging…
UAE optimistic on solar industry despite liquidity concerns
The UAE remains “very optimistic” on the solar industry, the country’s undersecretary for energy said on Monday despite concerns that…
Bahrain's Investcorp acquires $223.5 mln office tower in Seattle
Bahrain-based alternative investment firm Investcorp said on Sunday that its United States-based real estate arm had purchased an office building…
ADX Market Capitalization Records a 30 BILLION DIRHAMS INCREASE for first 8 months of 2016
Abu Dhabi Securities Exchange market capitalization has jumped to reach 441 billion dirhams during the first eight months of 2016,…
UAE's Mashreq bank CEO recognised as banking business leader of the year
At the Gulf Business Awards 2016, the coveted Banking Business Leader of the Year trophy was bagged by one of…
Kuwaiti investors pounce on venerable City broker WH Ireland
A Kuwait-based company is poised to pounce on WH Ireland, one of the best-known stockbrokers in the City of London,…
Qatar second in WB’s GCC Logistics Performance Index
Qatar has secured second place in the GCC region in the World Bank’s Logistics Performance Index that ranks 160 countries.…