SHUAA Capital announces 2023 full-year preliminary financial results
SHUAA Capital psc (DFM: SHUAA) today announces its preliminary financial results for the full year ended 31 December 2023. …
Hedge Funds & Alternative Investments
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GFH reports an increase of 13.97% in net profit attributable to shareholders for 2023 totaling $102.86mln
Total Income Shareholders Profit EPS 12M 2023 US$369.53mn US$102.86 mn US cents 2.95 % Change + 24.10% YoY +…
American Express Middle East expands its online merchant acceptance network through an agreement with Ottu
American Express Middle East has announced an agreement with Ottu, a leading fintech company in the Middle East. Through this…
Aramex reports strong financial performance with 2x growth in Q4 2023 net income
Aramex, the largest courier company in the Middle East, has announced impressive financial results for the fourth quarter of 2023,…
Ooredoo Group revenue rises by 2% to QR23.2bn
Ticker: ORDS yesterday announced its financial results for the year ended 31 December 2023. The revenue grew ahead of FY…
Wealthy GCC investors targeting Egypt for real estate investments
In recent years, Egypt has garnered substantial attention as a focal point for investments from the Gulf Cooperation Council (GCC).…
UAE Corporate Tax: Businesses need to maintain strict tabs on entertainment expenses
It is a common knowledge now that a company in the UAE would be allowed to deduct only 50 per…
Sanctuary joins Summit Group
Dubai-based Sanctuary is joining the Summit Group, an independent provider of fiduciary and administrative services, with support from Sovereign Capital…
UAE wealth fund plans $4-5 billion in investments via India's new finance hub: Sources
Abu Dhabi Investment Authority, the largest sovereign wealth fund in the United Arab Emirates (UAE), is setting up a $4-5…
UDC posts QR401.7m net profit, QR2.1bn revenues in 2023
United Development Company, a leading Qatari public shareholding company and the master developer of The Pearl and Gewan Islands, announced…
PIF’s Aseer Investment Co. announces launch of operations in region
The Asir region is poised to emerge as a premier tourist destination, thanks to a new operation launched by the…
Will foreign investors turn their eyes to UAE, GCC markets in 2024?
As the US key stock market benchmark S&P 500 reaches record highs in early 2024, the focus shifts to potential…