Monday , 24 September 2018

Tag Archives: Investment

All about the green: UAE’s wealthy more likely to invest sustainably

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended weekend reading Wealthy individuals from the United Arab Emirates are more likely to place a part of their portfolio in sustainable investments than their global counterparts, according to Swiss investment bank UBS. The bank’s latest UBS Investor Watch report issued on Thursday found that …

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UAE’s Khalifa Fund calls entries for entrepreneurs contest

Pitch@PalaceGCC to encourage innovation among the youth and promote SMEs. Khalifa Fund for Enterprise Development is inviting creative entrepreneurs to participate in the second edition of ‘Pitch@PalaceUAE’ and the first edition of ‘Pitch@PalaceGCC to encourage innovation among the youth and promote SMEs. Pitch@Palace plays a vital role in supporting innovative enterprises and ideas at the local and regional levels, with …

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All quiet on the investment front?: Middle East venture capital funding lower, but market conditions remain positive, funders say

The $112 million raised in VC funding by Mena firms is lower than 2016 and 2017 when big bets were made on Souq.com and Careem Still, Wajdi Ghoussoub, associate director of venture capitalist firm Middle East Venture Partners (MEVP), did not think that the lower value of money invested was an issue for concern. In response to questions by email, …

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UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

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UAE, China sign 13 agreements and MoUs

MoUs signed between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President …

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Kuwait to get e-cars

Kuwait Chamber of Commerce and Industry has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market KUWAIT CITY – Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market, reports Al-Rai daily. Report added KCCI received a …

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China’s Xi pledges $20bln in loans to revive Middle East

The loans will fund a plan of “economic reconstruction” and “industrial revival” that would include cooperation on oil and gas, nuclear and clean energy, Xi said Chinese President Xi Jinping on Tuesday pledged a package of $20 billion inloans and $1.6 billion in financial aid to countries in the Middle East, as part of what he called an “oil and …

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Angel delight: Mideast investors rank social impact above financial gain

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The ability to impact social change, rather than financial gain, is the biggest motivator for angel investors in the Middle East, according to a new report which also showed that the region’s entrepreneurs ranked highly on a global …

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Know your numbers: Advisors welcome banks’ attempt to improve financial knowledge among business owners

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The introduction of a new guide aimed at improving the financial literacy of business owners has been welcomed by advisors. The UAE Banks Federation (UBF) announced yesterday that the 64-page guide has been produced as part of its …

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Investment outlook: Gulf’s fixed income market likely to match last year’s highs

Despite higher oil prices, benign funding environment means strong levels of bond issuance are likely to continue. Gulf sukuk and bond issuance could set another annual record this year as government institutions again turn to debt to help meet budget shortfalls, although elevated geopolitical risk and imminent interest rate rises will make borrowing more expensive. Emirates NBD, Dubai’s largest bank, …

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