Bought IPO shares? Why you shouldn’t rush to sell even if they aren’t gaining much
With an increase in investors applying for an IPO nowadays, UAE-based market experts have been assessing how there has not…
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Ex-Barclays trader leaves Singapore to start hedge fund office in Dubai
Sanchit Jain, Barclays' former head of emerging market options trading in Singapore, is leaving. Multiple sources say that Jain,…
BOS Hires Former BNP Paribas Banker in Dubai
The private banking arm of OCBC has expanded its Dubai business with the hire of a former structured product expert…
UAE planning to develop a national investment strategy -minister
The United Arab Emirates is working on developing a national investment strategy, its recently appointed investment minister, Mohamed Al Suwaidi,…
Saudi Q3 GDP shrinks 4.4% y/y – gov't data
Saudi Arabia's real gross domestic product contracted by 4.4% in the third quarter, government data showed on Thursday, as oil…
Sherif Kamel, Dean of AUC’s school of business, appointed to the board of the Central Bank of Egypt
Sherif Kamel ’88, ’90, ’13, professor and founding dean of AUC’s School of Business, has been appointed to the board…
Hackers are targetting UAE, Saudi businesses’ cloud services — survey
Hackers are increasingly targeting the cloud infrastructure of companies in the UAE and Saudi Arabia, according to new research released…
Saudi Arabia offers tax incentives for companies moving regional HQs to Riyadh
Saudi Arabia said on Tuesday it will offer tax incentives for foreign companies that locate their regional headquarters in the…
Egyptian billionaire Nassef Sawiris to move family office to Abu Dhabi
Nassef Sawiris, Egypt's wealthiest person, is moving his family office to Abu Dhabi, joining a wave of prominent investors who…
UAE adopts broad-ranging new e-commerce law
A new e-commerce law now in force in the United Arab Emirates (UAE) marks another significant step towards clear and…
Central Bank of the UAE and Bank Indonesia agree to expand joint cooperation
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) exchanged of Memorandum of Understanding (MoU) aimed at expanding…
Saxo Bank's 2024 outrageous predictions: The end of the road
Saxo Bank, the leader in online trading and investment, today announced its annual Outrageous Predictions for 2024. The eight predictions…