RAK Properties targets $816 million in sales for 2024 amid higher demand
RAK Properties aims to achieve more than Dh3 billion ($816 million) in property sales this year, up 50 per cent…
Hedge Funds & Alternative Investments
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QNB Al Ahli sees higher net profits in 2023; dividends unveiled
Qatar National Bank Al Ahli (QNB Al Ahli) recorded consolidated net profits after tax valued at EGP 16.22 billion in…
Middle East investments in China to bloom in amount, scope in 2024 as sovereign wealth funds aim to diversify: bankers
Sovereign wealth funds in Saudi Arabia and the United Arab Emirates (UAE) are gearing up to invest more in Chinese…
DIFC, Guernsey Finance collaborate to unlock dynamic economic growth
Collaboration supports investment inflows between the two jurisdictions and nurtures and protects investors Dubai International Financial Centre has announced it…
DEWA recorded 12.5mln digital transactions in 2023
Dubai Electricity and Water Authority (DEWA) announced that its customers conducted around 12.5 million digital transactions in 2023, compared to…
Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising
Investment in Saudi startups surged by 33 per cent year-on-year (YoY) to $1.4bn in 2023, according to Dubai-based data platform…
Fintech Holding 180 Capital appoints Samer Abuzahra to lead its next growth phase
180 Capital, at the forefront of UAE's fintech industry, has today announced the appointment of Samer Abuzahra as its Chief…
Khalifa Fund embraces digital transformation, closes branches, and expands accessibility
The time cycle for requesting and receiving Khalifa Fund services is set to significantly reduce Service provider branches in Sharjah,…
Abu Dhabi International Arbitration Centre launched in ‘timely’ reform
The Abu Dhabi Chamber of Commerce and Industry has rebranded its arbitration body in a “timely” and “long anticipated” move,…
Building Impeccable Experiences in Ras Al Khaimah
Big Project Middle East talks to The Luxe Developers’ Siddharta Banerji and Shubam Aggarwal about the vision behind ‘Oceano’ and…
E-payment, collection services exceed $263bln in Egypt: Finance Minister
Finance Minister Mohamed Maait stated that the Egyptian government is committed to financial inclusion policies for all sectors of the…
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC to top spending table
Saudi Arabia’s Public Investment Fund was the top spender among global sovereign wealth funds last year, accounting for about a…