The firm recorded a 27 percent rise in profit compared to 2022.
The fund has an existing portfolio valued at US$158m.
The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected...The UAE Government has slashed the fees for setting up a business by about 94% to only US$272 (AED 1,000)
In A T Kearny’s FDI Confidence Index 2021, the UAE gained four places – from 19th rank in 2020 to 15th rank in 2021
EQT Private Equity has bought it from the Bahrain-based asset manager.The transaction was first announced on June 28, 2021
The Bahrain-based asset manager had acquired PRO Unlimited in October 2014
The new national airline is a joint venture between ANIF and Air Arabia.The name was chosen by the joint venture company from over 500 suggestions
ANIF and Air Arabia Group had agreed to launch Armenia’s new national airline in July 2021
The Saudi utility developer -- half-owned by the the Kingdom's Public Investment Fund, plans to issue 85.3 million shares --...Only about 81.2 million shares, representing 11.1 percent of the company, will be offered to the public
A bidding and book building process for institutions will start on September 15 and end on September 27
Iran is hard pressed to sell its oil to countries across the world due to the sanctions placed by the...Iranian Oil Minister Ali Owji has met discussed ways to increase cooperation with the CNPC
CNPC’s Middle East department deputy head Libin Zhang met Owji in Vienna on Thursday
The sentiment gets a jolt after Chinese regulators gives dressing down to ride-hailing giant Didi Chuxing and ten other car...Major stock markets in the Gulf remain weak in line with Asian shares that slide on concerns about Chinese economy after a run of soft data
Series of measures against Chinese tech firms as well as other sectors including private tuition, property and video games hurt the world markets
Total number of trade count on Wednesday’s trading session reached to 6739 transactions, the highest level of daily trade count...The DFM General Index gains 13.6 points (0.50 percent), taking its 2021 gains to 17 percent
The DFM decision to waive minimum trading commission is aimed at promoting retail investors’ participation in the market
The protest organized using the social media hashtag #ADayOffTwitch was intended to get Twitch to do more to protect streamers...The extent of the protest remained unclear, but a TwitchTracker website indicated that there were nearly 4,000 fewer channels streaming at Twitch than the daily average
The protest organized using the social media hashtag #ADayOffTwitch was intended to get Twitch to do more to protect streamers from attacks
- The move came as Twitter strives to be a preferred online venue for clickable stars and to boost its own...
The move came as Twitter strives to be a preferred online venue for clickable stars and to boost its own income in ways that don't clutter the platform up with ads or promotions
The company, which has more than 200 million active users, is looking for new ways to generate revenue without further more advertising
Banks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemicBanks and FSIs come under pressure from government, shareholders, employees and customers as security risks increase during the pandemic
Citrix worked with OnePoll to survey 600 IT managers in the financial services and banking sectors in South Africa, Saudi Arabia and UAE
