Saudi banks’ foreign assets surge by 22%, reflecting robust international investments
The foreign assets of Saudi Arabia’s commercial banks surged by 22 percent in February, reaching a total of SR347.63 billion…
Hedge Funds & Alternative Investments
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Arab stock markets show varied performance in Ramadan 2024
The performance of the capital markets in the Arab region was mixed during the holy month of Ramadan, with five…
Investments in infrastructure, technology create job opportunities
Heavy investments in well-built infrastructure and technology over the past decade have propelled employment prospects in Qatar. Experts in…
Riyadh climbs to 25th in IMD Smart City Index, Al-Khobar joins the ranks
Saudi Arabia’s capital has been placed 25th in the International Institute for Management Development Smart City Index this year, up…
Phoenix Venture Partners unveils leadership team to drive innovation in MENA
Phoenix Venture Partners Ltd. , a preeminent Venture Capital Firm dedicated to fostering high-growth potential within the MENA region, is…
Egypt: Three exchange companies accumulate over $231mln since liberalisation
Following the liberalisation of the local exchange rate, three major exchange companies linked to the National Bank of Egypt, Banque…
Haus & haus reveals the biggest Dubai real estate trends of Q1
Important takeaways from Q1 2024: Total sales value of properties sold increased by 25% from Q1 2023 to Q1 2024…
Dubai: Gold prices jump to new record high, up by nearly Dh10 per gram
Gold prices jumped further in the UAE at the start of the week, hitting another new high on Monday morning.…
Boursa grapples with surge in inactive trading accounts
The Boursa Kuwait has witnessed a surge in trading accounts, yet the majority of these accounts remain inactive, highlighting a…
Egypt Post to establish $105.1mln asset management firm
Post for Investment, affiliated with Egypt Post, is working to establish a new asset management company under the name PFI,…
CBUAE balance sheet soars to touch $200bln by end of January 2024
The Central Bank of the United Arab Emirates saw its balance sheet soar to touch AED734.61 billion at the end…
Kamco Invest Saudi partners with Flexam to introduce European leasing opportunities
Saudi investors will gain access to Shariah-compliant leasing opportunities in Europe’s logistics and transportation sectors following a partnership between Kamco…