Alaskan Quant Fund Sees Profit In Frontier Markets Near Upgrades
Stocks from Kuwait currently comprise about 22% of the MSCI Frontier Markets Index, the highest weighting of any country Read more
Kuwait Said To Be Planning $10bn Fund With China
Sources say Gulf state is discussing the creation of a Kuwait-China Silk Road Fund that would invest in projects related... Read more
Saudi Banking Giant Picks Temenos For Digital Transformation
Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more
Abu Dhabi Investment Authority Starts Distressed Assets Fund In India
Abu Dhabi Investment Authority is partnering with Kotak Investment Advisors to target non-performing loan opportunities ... Read more
Bahrain's Mumtalakat Open To McLaren IPO, Despite Brexit Uncertainty
Mumtalakat's Mahmood Al Kooheji said turning a profit at Gulf Air isn't a priority Read more
Standard Chartered Gets Approval To Open Branch In Saudi
The 150-year-old lender has been operating in the kingdom through Standard Chartered Capital Saudi Arabia since 2009 Read more
Cross-border Bank Consolidation Likely In GCC, Says Bahrain Bank CEO
National Bank of Bahrain CEO Jean Christophe Durand said that consolidation is natural when banks need further investmen... Read more
Bahrain Crypto Exchange Wins Shari'a Compliance Certificate
Rain announces graduation from the Central Bank of Bahrain's Regulatory Sandbox, in process of applying for licence Read more
Top Barclays Banker To Lead $1bn Gulf Infrastructure Venture
Bahrain-based Investcorp and Aberdeen Standard Investments announce the appointment of Sir Gerry Grimstone as JV chairma... Read more
Bahrain's $100m VC Fund Allocates $45m So Far
Al Waha Fund of Funds is aimed at boosting the start-up ecosystem and providing VC funds to support start-ups across the... Read more
Beijing Bank Said To Be In Talks To Back $20bn Saudi Fund
Sources say Everbright Bank Co is among parties in talks to contribute capital to a joint investment fund being set up b... Read more
Abu Dhabi Bank Appoints New CEO To Drive Growth
Abu Dhabi Islamic Bank has announced the appointment of Mazin Manna as its new Group CEO Read more
UAE Performance Weighs On Standard Chartered's MidEast Momentum
Banking giant says it saw good performance in Saudi Arabia but also highlights 'underperformance' in the UAE Read more
Shareholders Of UAE's Largest Bank Approve Record $2.2bn Dividends
First Abu Dhabi Bank's general assembly meeting also approves plan to increase foreign ownership limit to 40% Read more
UAE Funds Said To Be In Fray For Indian Investment Firm Deal
Investment Corporation of Dubai and Abu Dhabi Investment Authority linked with Reliance Nippon Life Asset Management Ltd... Read more