Higher oil and gas returns helped Investment Corporation of Dubai (ICD) post record revenues, an 11.6% increase in net income and a 13.8% increase in revenue for 2017.
Saudi Arabia aims to woo international investors with a new method for calculating foreign investment in alignment with G-20 economies.
Abu Dhabi’s sovereign wealth fund Mubadala has announced plans to launch a $400 million fund dedicated to investments in European high-growth technology firms.
Abu Dhabi-based private equity group Waha Capital has abandoned plans to launch a $300 million private equity fund.
Dubai-based private equity firm Abraaj has filed for provisional liquidation in the Cayman Islands in order to facilitate a $1 billion debt restructuring.
Although it is awash with oil and therefore capital, the Gulf region is at a critical juncture: it must diversify its economy away from a reliance on hydrocarbons.
Saudi Arabia has been pursuing economic diversification since the 1970s with varying levels of success. Romil Patel looks at the petro-state’s latest efforts to expand its economy.
Investors worldwide are continuing to seek out alternative assets. Romil Patel looks at their growing prominence in the Middle East.
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 impact today with Romil Patel.
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.
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...
Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.
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.
Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.
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