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Start me up: Small Palestinian Sovereign Fund Targets Development

Start me up: Small Palestinian Sovereign Fund Targets Development

While most other, much larger, sovereign wealth funds invest heavily abroad in a bid to spread risk and maximise returns, the Palestine Investment Fund (PIF) is focused on developing the local economy.

April 8, 2012 11:23
 
Enjoy the good times while it lasts, says investment chief

Enjoy the good times while it lasts, says investment chief

Emirates NBD’s investment chief Gary Dugan takes a positive tactical view of equities but remains wary of political risk in the Euro zone. He shares his thoughts on gold, government bonds and the US economy.

March 21, 2012 3:18
 
UAE cuts mortgage lender Amlak’s debt by $1.1B

UAE cuts mortgage lender Amlak’s debt by $1.1B

The federal government has cut struggling Islamic lender Amlak's debt burden by $1.1 billion, the UAE economy minister said on Tuesday, in the latest effort to revive the Dubai mortgage provider whose stock has been halted since 2008.

March 20, 2012 10:59
 
Kuwait hikes state wages, to act vs inflation

Kuwait hikes state wages, to act vs inflation

Authorities said late on Monday that government workers would get a 25 percent rise in their basic salaries, while pensioners…

March 13, 2012 1:59
 
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