Despite a series of shocks in oil prices, Kuwait’s sovereign wealth fund (SWF) has continued to grow its assets, according to a report from Moody’s Investor Services, although the two underlying funds have enjoyed differing economic records.
The value of real estate transactions in Dubai rose by 38% in the first five months of 2019, up to $9.6 billion from $6.54 billion for the same period in 2018.
UAE-based buyout firm Gulf Capital is expecting to launch a new private equity fund in the first half of 2020.
Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), has led a $500 million investment in US-based digital lender Social Finance (SoFi).
Rating agency Moody’s has improved its outlook for Bahrain’s banking sector from negative to stable on the basis that a $10 billion financial support package from the Gulf Cooperation Council (GCC) should spark higher economic growth.
Bahrain-based alternative investment manager Investcorp has entered into a definitive agreement to acquire Mercury Capital Advisors, a US-based investment advisory firm.
Investors have welcomed a decision by the Oman government to suspend a 10% withholding tax on dividends and interests paid out by listed companies.
Abu Dhabi’s financial services watchdog has granted ‘in principle’ approval for BitOasis to operate as a crypto asset exchange and custodian within the Abu Dhabi General Market (ADGM).
Bahrain’s government is planning to establish a new unit to provide accurate information on its real estate market for investors and developers.
Wahed Invest, the first shariah robo-advisor to be launched in the US, is to be expanded to over 130 international markets, including the Mena region.
Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).
In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...
With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.
Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.
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