Troubled Malaysian fund 1MDB in $1.7bn property sale
Malaysia’s scandal-hit 1Malaysia Development Berhad state investment fund is to sell out of a high-profile property project for $1.7bn, as…
Hedge Funds & Alternative Investments
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KIPCO Group purchases JKB stake from Burgan Bank
KIPCO - the Kuwait Projects Company - has announced the purchase by the Group of a 51 per cent stake…
UAE to set up Chinese yuan clearing centre
The United Arab Emirates plans to establish a centre for clearing transactions in the yuan, the central bank said on…
Dubai FDI bids to draw investors from Italy, Japan
A delegation from the Dubai Investment Development Agency, or Dubai FDI, recently visited Italy and Japan to address investors and…
Dubai gold retailer speaks out over fraud investigation
A Dubai-based gold company has issued a statement to investors attempting to offer clarity over an alleged fraud thought to…
Launch of QIPF as a collaboration between QFBA, OECD and MoF
In a seminar held on December 13 at Doha's Sharq Village and Spa, the Qatar Institute for Public Finance saw…
Sun Life closes part of wealth product range
Sun Life Financial International, part of Canada’s giant Sun Life Financial Inc, said it will no longer accept new applications…
Saudi debut bond can expect warm investor welcome
Saudi Arabia's debut international bond should get a warm welcome from foreign investors if it hits markets in 2016, though…
How Much Oil Is Needed To Power Santa’s Sleigh? by By Michael McDonald of Oilprice.com
Every year around the world, hundreds of millions of children wait anxiously for Santa Claus to arrive and bring presents…
Jordan's central bank gold assets shoot up by 88 per cent
The value of gold ounces held by the Central Bank of Jordan shot up by a major 88.1 per…
Sawiris seeks to acquire CI Capital
Egyptian Businessman Naguib Sawiris is close to acquire investment bank CI Capital through Beltone Financial Holding Company owned by Orascom…
Oasis500 Reaches For the Stars with New Tech Fund
Oasis500 has launched a new multimillion dinar venture fund which seeks to develop businesses based around space technologies. The…