Tag: Investment
UAE to Spend USD 73 Million on AI in 2020, Leading Middle East
The UAE is set to spend USD 73 million on artificial intelligence (AI) systems in 2020, the highest in the Middle East, boosted by...
Africa Reinsurance Corporation (Africa Re) Group selects Dubai International Financial Centre for Middle East...
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has welcomed Africa Reinsurance...
Hedge Fund Launches Rise Through Mid-2020 Amidst HFRI Surge
New hedge fund launches rose from a near-record low in 1Q20, as investor risk tolerance began to recover from the global coronavirus pandemic volatility,...
Saudi Arabia Releases Triple-Tranche Bonds In A Bid To Replenish Coffers
The Kingdom of Saudi Arabia is said to have already received more than US$35 billion in combined orders for a planned triple-tranche bond sale...
UAE’s Ministry Of Economy Reduces Fee For 94 Of Its Services
The UAE’s Ministry of Economy has announced a reduction in fees for 94 of its services in order to counterbalance the coronavirus pandemic’s impact...
Coronavirus Impact: Aldar Properties, Dubai Holdings, Meraas Roll Out Relief Initiatives
The Coronavirus (COVID-19) outbreak has prompted companies such as Aldar Properties, Dubai Holding, and Meraas to release billions and millions worth of packages aimed at...
Press Statement from H.E. Khalifa Salem Al Mansouri, Chief Executive of ADX
H.E. Khalifa Salem Al Mansouri, Chief Executive of ADX Said: “The UAE Cabinet approval of a draft law amending provisions within the nation's Federal Law...
UAE Approves Federal Agency Law Amendments to Boost Trade, Investment
The UAE Cabinet has a approved a draft law amending provisions in the 'Agency Law' to enhance trade and investment development to boost the country's competitive...
Dubai’s Amanat Holdings Weighs Acquiring VPS Healthcare Stake
(Bloomberg) --Amanat Holdings PJSC, the Dubai-based investment firm, is considering acquiring a stake in Middle Eastern hospital operator VPS Healthcare LLC, people with knowledge...
Bahrain’s Investcorp Outlines Investment Opportunities in India’s Urbanization
India’s past, present and future urbanization is unprecedented and is likely to lead to several compelling investment opportunities, Bahrain-based alternative asset manager Investcorp said in its...