Dubai's sovereign wealth fund posts record $63bn revenue in 2018
Investment Corporation of Dubai, the emirate’s sovereign wealth fund with holdings in companies such as Emirates airline and Emirates NBD,…
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Bahrain's VCBank expands US property portfolio
Venture Capital Bank (VCBank) has acquired Glenbridge Manors in Cincinnati, US, for a total transaction value of $57 million. …
UAE's Federal Credit Insurance Company signs MoU with South African's Export Credit Agency
At the recently held South Africa-UAE Forum organised by the UAE Ministry of Economy, Etihad Credit Insurance, the UAE Federal…
Saudi regulator removes cap on ownership for strategic investors
Saudi Arabia removed a cap on ownership of publicly traded companies for foreign strategic investors, paving the way for international…
Blackstone raises more than $12bn for Saudi-backed infrastructure fund
Blackstone Group is set to close on more than $12 billion for its debut infrastructure fund, anchored by money from…
Belarusian Finance Ministry looking for loans in Persian Gulf
The Belarusian Finance Ministry sees a lot of promise in interaction with funds registered in Persian Gulf countries, BelTA learned…
CBUAE enhances NPL reporting
The Central Bank of the UAE is enhancing its reporting of Non-Performing Loans for the UAE banking system to align…
Tawazun Economic Program – The Tawazun Economic Council's New Policy Guidelines
The Tawazun Economic Council has published a revised version of its policy guidelines for the Tawazun Economic Program on 31…
UAE Central Bank announces M1 decreases by 0.02%
The Central Bank of the UAE has announced that the Money Supply aggregate M1 fell by 0.02 percent, from AED507.3…
7 reasons why now is the best time to buy a home in Dubai
Traditionally, most expats that move to the UAE rent apartments instead of purchasing one, with the intention of saving the…
Fintech could stimulate Islamic finance industry
The global Islamic finance industry will continue to expand slowly in 2019-2020. The industry is expected to show only…
Abu Dhabi reinforces support to private sector with new measures
The Abu Dhabi Government, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu…