Arabtec chairman and founder set to leave after board omission
The Arabtec chairman Khadem Al Qubaisi is set to leave the company after his name was not included on a…
Hedge Funds & Alternative Investments
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Amlak ready to resume DFM trading after six-year absence
Amlak Finance said its shareholders had approved a plan to readmit its shares for trading on the Dubai Financial Market…
MidEast investment banking fees hit $182m in Q1
Middle Eastern investment banking fees totalled $182 million during the first quarter of 2015, five percent more than the value…
Menacorp voices support for Arab financial sector at Arab Federation of Exchanges Annual Conference
Under the patronage of H.E Rashed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, this year’s high-level conference…
Doha becomes first Mena Rmb hub
Doha has become the first clearing and settlement hub for the Chinese renminbi. Officials this week sealed a deal…
Arab Monetary Fund and World Bank Group Join Efforts to Support Financial Sector Development in the Arab World
The Arab Monetary Fund and the World Bank Group signed today an Enhanced Partnership Framework to support countries in the…
Sovereign Wealth Funds Continue to Ramp Up Property Allocations
The proportion of global sovereign wealth funds allocating capital to commercial real estate rose from 54% in 2013 to 59%…
BankMed: Prudent expansion across Mideast
Editor’s note: The following is an interview with Mohamed Ali Beyhum, the executive general manager of BankMed. Dr. Beyhum…
Al-Marzouk: KD 29.9 Million Net Profit for KFH in First Quarter up 14.6 %
Chairman of Kuwait Finance House Mr. Hamad Abdulmohsin Al-Marzouq said that " KFH has, by the grace of Allah, realized…
Waha Capital to invest $1bn in Middle East energy sector
The Abu Dhabi investment company Waha Capital plans to invest more than US$1 billion in energy and other assets…
Saudi bourse will open to foreign investors from June
Saudi Arabia’s regulator has fired the starting gun for the long-awaited opening up of its 2 trillion riyals (Dh1.95tn) stock…
Egyptian food firm’s GDR marks turnaround after Arab Spring
Egyptian snack maker Edita Food Industries listed on the London Stock Exchange earlier this month under BNY Mellon’s global depositary…