"Abu Dhabi Securities Exchange" Signs an Agreement with United Arab Bank for Offering
With a move to facilitate a sustainable economy, while also supporting the process of the integration of the various sectors,…
Hedge Funds & Alternative Investments
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Egypt's CIB says signs deal to sell investment bank to Orascom
Egypt's largest listed company, Commercial International Bank (CIB), said on Sunday it had signed a deal to sell its investment…
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
The Ministry of Finance is working on amendments to laws regulating the issuance of Islamic bonds as a means of…
UAE bank UNB expects limited profit and loan growth in 2016 – CEO
Union National Bank doesn't expect to see much growth in profits or lending in 2016, its chief executive said on…
Nigeria, Qatar sign agreements on air service, avoidance of double taxation
Nigeria and the State of Qatar on Sunday in Doha signed Bilateral Air Services Agreement (BASA) to pave way for…
Outlook for pay hike, hiring in UAE this year
Salaries for many UAE employees will most likely remain unchanged this year, as companies focus on cost savings to weather…
Emerging markets hedge fund assets post steep decline in January
Emerging markets hedge funds posted steep declines to begin 2016, as concerns about slowing growth and weakening currency in China,…
US named top overseas location for UAE property investors
The US, UK, Australia, Singapore and Germany have been named as the top five destinations for UAE residents looking to…
UBS Real Estate offloads Paris office scheme to Middle Eastern buyer
UBS Asset Management Global Real Estate has sold a Paris office development to a Middle Eastern sovereign wealth fund for…
Businesses guilty of wasting 5% of revenues a year
Global organisations needlessly wasted an average amount of 5% of revenue every year, according to a new study by the…
Will VAT affect UAE residents? Here's your answer
The rate of tax at five per cent, as recommended by the World Bank and the International Monetary Fund, is…
Government adopts new financial instruments to implement national projects, including Sukuk
Egypt is currently experiencing unprecedented activity for the advancement of the economy, Prime Minister Sherif Ismail said during the launch…