The Veil behind Oman’s Investment Fund
The Sovereign Wealth Fund Institute estimates more than thirty four billion American dollars endowed under the Omani Investment Fund (OIF);…
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Cryptocurrency in Arab World: Clock is Ticking, But Pace is Slow
While cryptocurrency mass adoption in the Middle East may still take a little more time to take place, there are…
Islamic Fintech to Advance More in 2020
A study called the Global Islamic Fintech Report recently revealed expectations for such companies in the coming year, said Salaam…
Oman Shipping Co. negotiates $80mn financing facility
Oman Shipping Company, a member of the ASYAD Group, announced the negotiation of an $80 million Sharia-compliant 'Ijara' facility with…
Top 5 VC deals in the fourth quarter of 2019
The fourth quarter 2019 top five venture capital deals that were disclosed amounted to $78.7 million, with UAE-based Trukker accounting…
UAE investors sees big yearly dividend payout
Regional investors who were unsure if they should put their hard-earned money in stocks and sought shelter in high dividend-paying…
Saudi mortgage loans soar in 2019, with $18bn offered in year up until November
Over 155,000 mortgage loans worth SR69 billion ($18bn) have been offered throughout 2019 up until November. Figures released by…
Three ways to invest $10,000 in the first three months of 2020
A new year always delivers a fresh burst of optimism and after a successful 2019, investors will be hunting around…
Saudi Arabia could be on the brink of a FinTech revolution
The past 12 months have contained some momentous landmarks for Saudi Arabia’s financial sector, from the inclusion of the kingdom's…
Commercial Companies Law In Bahrain Amended To Be In Line Of International Market
Kingdom of Bahrain through recent amendments via Legislative Decree No. 1 of 2018 amended law on Commercial Companies Law, and…
Kuwait current account surplus hits KD 1.3b in Q3: CBK
Kuwait recorded a current account surplus of KD 1.3 billion ($4.3 billion) in the third quarter of 2019, the Central…
UAE’s banking system provides financial facilitations to retail sector worth AED50.4 billion in 9 months
The UAE’s banking system increased the total value of financial facilitations provided to retail commerce, amounting to AED50.4 billion during…