Uncategorized

Hedge Funds & Alternative Investments

CMA: Ownership value of foreign investors in capital markets increased by 150% by Q2 of 2021

August 31, 2021

The Capital Markets Authority (CMA) has exerted several efforts and implemented various procedures to increase the attractiveness of the CMA…

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Hedge Funds & Alternative Investments

New overseas property buyers in Dubai hit a snag opening bank accounts

August 31, 2021

Overseas investors wanting to buy property in Dubai through ‘offshore’ companies are suddenly facing a problem.   “Banks are not…

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FinTech

Saudi sensitive data protected thanks to new IBM Cloud Satellite deal

August 31, 2021

One of Saudi Arabia's leading technology infrastructure firms has joined with IBM to allow its customers to run global workloads…

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Regulation, Risk & Compliance

KFH-Bahrain unveils special financing offers for Durrat Marina

August 31, 2021

Kuwait Finance House – Bahrain has announced the signing of a MoU with Durrat Marina, one of the most prestigious real…

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Comment & Analysis

Saudi mortgage lending picks up in July

August 31, 2021

More Saudis have taken out new mortgages in July after a short slump in June, however, the total banks lending…

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Comment & Analysis

Bank report suggests big surge in UAE female investors

August 30, 2021

The world of investing tends to be dominated by men, with only a few women taking the risk to venture…

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Comment & Analysis

Foreign investment into Saudi Arabia up 13%

August 30, 2021

Direct foreign investment into Saudi Arabia rose by about 13% in the first quarter of this year, Saudi Investment Minister…

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Regulation, Risk & Compliance

EBRD steps up trade support with Turk Ekonomi Bankasi

August 30, 2021

The European Bank for Reconstruction and Development (EBRD) is supporting exporters and importers in Turkey by providing US$ 50 million…

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Financial Results

UAE banks top GCC banking sector profit growth in Q2-2021

August 30, 2021

UAE banks reported the biggest increase in profits during the second quarter of 2021, registering 11.8 per cent quarter-on-quarter, according…

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Comment & Analysis

Challenges facing UAE's small and mid-sized consulting firms

August 30, 2021

In a new report, Botho Emerging Markets Group has honed in on the UAE’s small to medium-sized consulting industry –…

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Property & Real Estate

Dubai developer Limitless set to agree third debt restructuring deal

August 30, 2021

Dubai state-owned property developer Limitless is set to reach an agreement with creditors over some $760 million of troubled debt,…

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Hedge Funds & Alternative Investments

Gulf Islamic Investments and Capital Bay announce joint venture

August 30, 2021

The platform’s debut offering, valued at EUR 500 million, will launch in September with a first deployment intended for Q4…

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