Dubai index extends losses as investors take money off table
The Dubai index fell on Monday, extending losses for another session as investors resorted to profit-taking even as crude oil…
Hedge Funds & Alternative Investments
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New Dubai theme park eyes 4.5m visitors in first year
IMG Worlds of Adventure could be the theme park you never had growing up in the Middle East. The…
KSE stocks edge lower amid selling pressure
The key indices of Kuwait Stock Exchange slid into the red zone yesterday amid a persisting lackluster atmosphere and absence…
Turkish Capital Markets Association Establishing Arbitration Panels for OTC Disputes
Background On August 18, 2016, the Turkish Capital Markets Board (the "CMB") announced that the Turkish Capital Markets Association…
Saudi government selling up to SAR20bn of bonds – report
The Saudi Arabian government is raising up to SAR20bn ($5.3bn) from banks in this month’s sale of domestic bonds, financial…
Damac signs £200m deal with Lendlease to build Versace-designed Aykon London One residential tower
UAE-based Damac Properties has signed a £200m deal with Lendlease, an Australian infrastructure company, to build Aykon London One, its…
Mashreq Capital’s CEO Said to Leave After Month in the Job
Aamir Peracha, chief executive officer of Mashreqbank PSC’s asset management unit, has left a month after being appointed to the…
Arabian Gulf markets remain quiet amid oil’s return to $50 mark
Arabian Gulf shares began the week in quiet fashion on Sunday, with a return to US$50 oil proving little stimulus…
ETF take-up rockets as fund managers favour low-cost liquidity
In the seven years to the end of 2015, global use of ETFs by investment managers increased at a compound…
ACWA Power increases credit facility to $159.9m
Saudi Arabia-based water and project developer ACWA Power said Sunday it has increased its 2015 revolving credit facility by 600…
Investors’ choice widens with Nasdaq Dubai’s futures contract
Investors trading on Dubai stocks like Emaar Properties and Dubai Islamic Bank will have one more instrument to safeguard themselves…
Saudi Arabia is ‘1st foreign venue’ for Made in Qatar
Saudi Arabia has been chosen the first foreign venue for the ‘Made in Qatar’ exhibition due to its “very close…