December 19, 2021 India’s Minister for Commerce and Industry, Piyush Goyal, discussed the opportunities with industry leaders to expand their global footprint by leveraging business platforms and infrastructure offered by the UAE. Dubai’s DP World presented the market expansion opportunities…
December 15, 2021 During the past two decades, international banks have brought many progressively advanced Shariah-compliant financial instruments to the market. The market share of Islamic banking reached 27 percent in 2019 in the Gulf Cooperation Council. New research shows…
December 14, 2021 Abu Dhabi’s Mubadala Investment Company has signed a preliminary agreement with Bahrain’s sovereign wealth fund Mumtalakat as they plan on to explore co-investment opportunities in around the world. Both companies plan on exchanging knowledge and best practices…
December 9, 2021 According to a statement from the two countries, the Public Investment Fund of Saudi Arabia is planning to invest $5 billion in Oman. The plan was announced after the visit of Saudi Crown Prince Mohammed bin Salman…
December 8, 2021 The UAE shifts its weekend to Saturday and Sunday resulting in greater integration of the local economy with global markets. This will boost its competitiveness by attracting more foreign direct investment into the country. As the Gulf…
November 22, 2021 As interest rates are spiking and with expected inflation, investors must remain wary says group chief executive of Abu Dhabi state investment fund and anticipates no change from Mubadala’s investment strategy and themes in 2022. The patient…
November 17, 2021 Private investors and sovereign wealth funds (SWFs) in the Middle East are progressively shifting their attention to domestic and regional markets, enhancing private capital deals and money going into alternative asset classes. At the end of 2020,…
November 10, 2021 Fahad Al Mubarak, the governor of the Saudi Central Bank says the country has witnesses rapid growth in Islamic financing with the total Shariah-compliant financing amounted to more than $430 billion. The Islamic financial industry accomplished an…
November 3, 2021 At the Glasgow COP26 summit, world leaders highlighted the importance of the untapped potential of hydrogen among other alternative energy sources to explore ways to mitigate climate change. According to a joint report by consultancy Roland Berger…
November 2, 2021 According to research by Swiss investment bank UBS, about 93 percent of UAE investors and see benefits from integrating sustainable investing in their portfolio and say it is a crucial part of their financial strategy. Most of…