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Bahrain’s Al Waha invests in UAE venture capital firm
Bahrain’s Al Waha, which seeks to invest in venture capital funds, has become one of the first Fund of Funds to make a substantial investment in the Bedaya Fund I of UAE-based seed-stage venture …
Kuwait is locked in a heated debate over Future Generations Fund
Image Credit: Gulf News Archive Kuwait City: Kuwait, one of the world’s wealthiest countries, is in a budget crunch so severe that it may have to soon begin leaning on a fund intended to prepare …
Casino du Liban: Could cash-strapped Lebanon sell its historic attraction?
When business is good, the prized casino is a cash cow for the flagging state. But with the economy in freefall, the government needs ways to raise funds fast …
China-backed AIIB approves loan of $746.84mln for Kazakhstan’s COVID-19 response
The loans are part of the AIIB’s $10bln funding facility to help public and private sectors fight the outbreak …
Asian and emerging markets offer value, but be careful about frontier markets like Sri Lanka: Aberdeen
Kenneth Akintewe of Aberdeen Standard Investments discusses opportunities in Asian and emerging markets. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get …
S. Korea holds ministerial level talks with Uzbekistan, strengthens economic ties
South Korea and Uzbekistan held ministerial talks in Seoul on Monday, where they agreed to accelerate discussions on business projects and push forward a bilateral free trade agreement. Korea’s …
Thai central bank says has not closed door to further easing
Thailand’s central bank has not shut the door to further monetary policy easing, a deputy governor said, after cutting the key rate three times this year to a record low of 0.5% to support an economy …
The Latest: Pakistan minister tests positive for coronavirus
Pakistan’s Minister of State for Health Zafar Mirza tested positive for COVID-19, the latest high profile government minister to contract the virus.
Pakistan’s Security Situation Has Improved For Businesses: OICCI Survey
Foreign investors doing businesses or making investments in Pakistan have appreciated the performance of law enforcement agencies (LEAs) in the …