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UAE and Kuwait agree to end double taxation

Nik Pratt -

The tax authorities of the UAE and Kuwait have penned an agreement to end double taxation between the two countries on income and capital...

Saudi and Bahrain bourses sign cooperation agreement

Nik Pratt -

The respective stock exchanges of Saudi Arabia and Bahrain have signed an agreement designed to bring more connectivity and liquidity to the region’s securities...

Individual wealth in Mena to double over 10 years

Nik Pratt -

The average wealth per person in Saudi Arabia is set to increase by 105% in the next ten years, according to recently published research. The...

Ashmore and QIA launch equity fund

Nik Pratt -

The Qatar Investment Authority (QIA) and UK-based fund manager Ashmore Group have joined forces to launch an investment fund focused on Qatari stocks. The US$200...

Beltone to launch gold fund in Egypt

Nik Pratt -

Egyptian fund manager Beltone Investment Management is set to launch a gold investment fund. The firm, a subsidiary of Beltone Financial Holding, has received initial...