UAE wealth management company OAM obtains license to operate from DIFC
Octave Asset Management, a leading investment advisory firm, has obtained a license to operate from the Dubai International Financial Centre.…
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Turkish central bank expected to raise rates to 35% on Oct. 26: Reuters poll
Turkey's central bank is expected to deliver another hefty rate hike of 500 basis points this week, a Reuters poll…
Nigeria, South Africa, Egypt lead Africa’s growing investment migration sector
Nigeria, South Africa, Egypt and Algeria were among the top 20 nations globally whose nationals were making investment migration enquiries…
Strengthening Oman's Economic Backbone
On the blissful dawn of Jan. 1, 2020, an unexpected menace in the form of a ransomware intrusion shattered the…
$5.17bln real estate transactions in Sharjah during past nine months of 2023
According to the report on the performance of the real estate sector in Sharjah, which was recently issued by Sharjah…
131 UAE businesses pledge to go green ahead of COP28
Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, today called upon businesses from across the UAE’s extensive…
United Arab Bank net profit up 76% to $56.9mln
United Arab Bank (UAB) reported a 76% year-on-year increase in net profit for the first nine months of the year,…
Edmond de Rothschild asset management strengthens its presence in the Middle East
Fatima Asad-Bakhtiari joined Edmond de Rothschild Asset Management as Managing Director, Head of Distribution Middle East. In this newly created…
UAE: Investcorp Capital to sell 29.34% stake through IPO
Investcorp Capital, an asset management and capital financing services company, on Tuesday said it would sell 643 million shares which…
RakBank's third-quarter profit surges 29% after strong business and robust deposits
National Bank of Ras Al Khaimah reported a 28.7 per cent jump in its third-quarter net profit driven by a…
Saudi National Bank third quarter profit rises 6%
Saudi National Bank reported a rise of 6% in net profit for the third quarter from a year earlier, boosted…
Abu Dhabi's Invest AD launches fund offering UAE investors access to Blackstone’s credit platform
Abu Dhabi Investment Company (Invest AD), a wholly owned subsidiary of Mubadala Investment Company, on Monday announced the launch of…