Hadeel Al Sayegh

DUBAI (Reuters) – Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of U.S. firm Corsair Capital, the two companies announced on Monday.

Qatar approved its 2024 fiscal year budget on Wednesday with revenue estimated to decrease 11.4% next year on lower oil prices, state news agency QNA reported.

2PointZero will hold ownership in entities whose transfer to IHC has been initiated

Abu Dhabi conglomerate International Holding Company (IHC) on Tuesday announced it had established 2PointZero, a holding company which will have more than 100 billion dirhams ($27 billion) in assets.

Dubai — Scores of Saudi Arabian companies say their earnings could be dampened this year as production costs will increase after state energy group Saudi Aramco told them it would sharply raise feedstock and fuel prices.

Developer says house prices could fall 10%-15% over the next few years, amid uncertain global economy

DUBAI, Jan 31 (Reuters) - Abu Dhabi Commercial Bank (ADCB.AD) , opens new tab posted a 38% rise in fourth-quarter profit on Wednesday, beating

The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog's list of countries at risk of illicit money flows, a win for the nation that could bolster its international standing.

The Public Investment Bank, which manages more than $700bln in assets, mandated Goldman Sachs, HSBC and Standard Chartered to arrange investor meetings

Emerging market-focused investment bank EFG Hermes is "very bullish" on Gulf markets this year, expecting more, smaller initial public offerings (IPOs) from the region from a year earlier, Mostafa Gad said on Monday.