Arab Funds

Soaring global oil prices boost sentiment; M-cap wins QR 16 billion

The strengthening of global oil prices, which reached their highest level in seven years due to geopolitical tensions, was reflected in the Qatar Stock Exchange, whose key barometer had once crossed 12,600 levels this week.Gulf institutions were increasingly viewed as net buys, with Qatar’s 20-stock index adding around 194 points …

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QSE crosses 12,600 points on high global energy prices

The Qatar Stock Exchange crossed 12,600 levels on Wednesday, reflecting the rise in oil prices, which had reached their highest level in seven years on international markets.The property, transport and industrials counters saw above-average demand, with Qatar’s 20-stock index coming in around 42 points or 0.33% higher at 12,612, 32 …

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Qatar shares prolong rally; reference inches to 12,500 points

The Qatar Stock Exchange gained 38 points on Monday and its key index edged closer to levels of 12,500, mainly on strong buying interest from foreign institutions.Banking and industrial counters saw above-average demand, with Qatar’s 20-stock index rising 0.3% to 12,471.4 points, recovering from an intraday low of 12,392 points …

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Saudi retailer BinDawood to create unit that will ‘capitalize on investment’

RIYADH: Ronaldo Mouchawar, MENA’s first internet man, may have sold the company he started for $580m, but he has the same drive he had when he joined his first startup 20 years ago. The Syrian entrepreneur built the region’s largest online marketplace, Souq.com, in 2005 and 12 years later sold …

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The UAE just invested $100m in Israel’s tech sector as the two countries grow closer

A major sovereign wealth fund in the United Arab Emirates has invested around $100 million in venture capital firms in Israel’s tech sector, according to people familiar with the investments, a further sign of deepening trade and investment ties between the countries at the forefront of the Abraham Accords. A …

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UN: escalating war in Yemen causes hunger, collapse

UNITED NATIONS (PA) – The intensification of military action in Yemen has displaced more than 15,000 people in the past month, killed or injured more than 350 civilians in December and left the poorest nation in the Arab world facing growing famine and economic collapse with no political solution in …

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Saudi fintech investment jumps as regulators set landscape for 2021: Year in review

Saudi Arabia’s ‘Unprecedented Growth’ Expected to Solidify M&A Leader Position in 2022 RIYAD: Saudi Arabia has become one of the most attractive markets for international companies looking for new mergers and acquisitions, and it is expected to maintain its position in 2022. The country’s growth stood at 6.8% for the …

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Saudi Arabia’s ‘Unprecedented Growth’ Expected to Solidify M&A Leader Position in 2022

Saudi Arabia has emerged as one of the most attractive markets for international companies seeking new mergers and acquisitions, and it is expected to maintain its position in 2022. The country’s growth stood at 6.8% for the third quarter. This is due to the growing global demand for crude oil, …

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How to be protected against bank fraud and how to file a complaint – Criminal law

United Arab Emirates: How to be protected against bank fraud and how to file a complaint 05 January 2022 Hassan elhais To print this article, simply register or connect to Mondaq.com. Bank frauds are of different types and can include different types of financial crimes. It is essential to raise …

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US Senator calls for new investigation into murder of Palestinian activist Alex Odeh – – IMEMC News

In a report filed Saturday in the magazine Liberation by Reem Zubaidi, the author explains that new information has been revealed on the assassination of Alex Odeh, a Palestinian-American human rights activist killed in 1985 by a bomb. handcrafted in his office. Odeh’s murder has never been elucidated – and …

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