Gold prices in Egypt soar by 10.8%, 21k-gram jumps by EGP 355
Gold prices in Egypt had a positive week, boosted by major changes in the markets following the historic decisions of…
Hedge Funds & Alternative Investments
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UAE puts consumer rights as high priority as Central Bank opens 'Sanadak' ombudsman unit
UAE’s focus on consumer rights has taken another major step, with the full-scale launch of a new unit under the…
UAE start-ups lead MENA fundraisings with $65mln raised in February
Start-ups in the UAE continue to dominate fundraisings in the Middle East and North Africa (MENA), with over $65 million…
GFH Financial in talks to acquire Ithmaar Holding’s investment portfolios
Bahrain-based investment firm GFH Financial Group is looking to acquire the financing and investment portfolios of financial services firm Ithmaar…
Kuwaiti Wealth Fund Set for Banner Year After Bet on US Equities
The Kuwait Investment Authority, which manages more than $800 billion in government funds, is poised for one of its best…
Gold finally clears $2,150 an ounce for new high as part of 3-day price surge
Gold price finally broke through to a new record, of $2,159 an ounce, as part of a 3-day surge as…
Saudi attracts $888mln in investments through tech event LEAP
Saudi Arabia has attracted $888 million in investment deals through the international technology conference LEAP 24. The investments include…
UAE: New life insurance scheme announced for Indian workers
A new insurance scheme for Indian workers has been announced in the UAE, ensuring that their families will get compensation…
Saudi start-up Salla raises $130mln from Investcorp, PIF unit
Saudi Arabian software start-up Salla has raised $130 million in an investment round ahead of its initial public offering (IPO).…
Contact Financial announces FY-2023 results
Contact Financial Holding SAE (CNFN.CA), Egypt’s largest non-bank financial services provider, announced today its consolidated financial results for the quarter…
Bahrain’s SWF Invests in Whampoa’s Digital Bank
Bahrain's sovereign wealth fund is investing in Singapore Gulf Bank, a digital banking arm of Whampoa Group. Baharain sovereign…
Baker McKenzie Wong & Leow Advises APG and Abu Dhabi Investment Authority
Baker McKenzie Wong & Leow, the Singapore member firm of Baker McKenzie, represented Dutch pension investor APG Asset Management N.V…