Saudi Aramco announces breakdown of shareholding post-allocation
This announcement is not a prospectus and not an offer of securities for sale or subscription in any jurisdiction, including…
Hedge Funds & Alternative Investments
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Saudi Arabia’s GDP grows 1.4% in Q1 2024: GASTAT
Saudi Arabia’s real gross domestic product grew by 1.4 percent in the first quarter of this year compared to the…
Most UAE consumers are financially aware, 67 percent have long-term goals: Survey
Majority of UAE consumers have financial awareness and a significant portion of them regularly keep a close eye on their…
Upturn in business conditions gains momentum in May
The upturn in Qatar’s non-energy private sector gained notable momentum in May, according to the latest Purchasing Managers’ Index (PMI)…
Phoenix Consulting on stage at SHRM GCC HR Summit in Dubai
More than 200 HR leaders from around the Middle East are convening today and tomorrow at the HR Summit 2024,…
Dubai’s branded residences top choice for global high-net-worth individuals
Dubai’s branded residences emerged as a top choice for high-net-worth individuals (HNWIs) around the world, according to Knight Frank’s 2024…
How embedded solutions are transforming the insurance sector
In today’s digital age, industries are undergoing rapid transformations, and the insurance sector is no exception. Embedded insurance, a…
Emaar announces AED 1.5bln expansion of Dubai Mall
Emaar reveals an AED 1.5-billion-dirham investment to expand Dubai Mall, introducing 240 new luxury retail and dining options. The upcoming…
PIF crowned world’s most valuable wealth fund brand
Saudi Arabia’s Public Investment Fund has been named the world’s most valuable sovereign wealth with a brand value of $1.1…
Saudi Arabia issues $5bn in dollar-denominated sukuk, says report
Saudi Arabia has reportedly raised $5bn from the sale of dollar-denominated sukuk as the kingdom seeks to plug its budget…
Saudi PIF-backed SRC extends refinancing with ANB
The Saudi Real Estate Refinance Company (SRC), a wholly owned subsidiary of the sovereign-backed Public Investment Fund (PIF), has extended…
Private aviation soars in Saudi Arabia as more businesses take to the skies
Saudi Arabia’s business aviation sector is experiencing a surge fueled by the Kingdom’s expanding economy, significant government investment on infrastructure,…