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Kuwait sovereign fund in portfolio shift on signs of global economic weakness: report
KIA does not publicly disclose its investments or detailed strategy
Reuters News
Saudi tops Arab holders of US Treasuries in June
Saudi ownership of US Treasuries reached $179.6bln in June
Mubasher
Saudi Aramco deal will help India’s Reliance to reduce $42bln debt burden
In exchange, Reliance will buy up to 500,000 barrels a day of crude oil from Aramco, more than double its current purchase
Arab News
Sedco exits $338mln of global real estate investments
The seven properties span the residential, hotel, office, healthcare and logistics sectors in the US and the UK and all were acquired between 2012 and 2016.
TradeArabia
Eid Al Adha, strong dollar drive NRI remittances in UAE
Both Indian and Pakistani expatriates are remitting money with the exchange rates change in favour of them
Khaleej Times
Three Bangladeshi businessmen awarded UAE Gold Visa
Bangladeshi nationals own more than 50,000 businesses in the UAE and employ more than 150,000 people
WAM (Emirates News Agency)
Saudi's PIF eyes investment in date producer Bateel - sources
The PIF has a strategy to help support Saudi companies become national and global champions in their sectors
Reuters News
Bahrain's Investcorp posts 4.8% rise in annual profit, growth in AuM
The asset management firm has however cut its private equity co-investments by 19% to $505mln from $625mln
ZAWYA
UAE’s four largest banks post H1 profit above $5bln
First Abu Dhabi Bank PJSC, Emirates NBD, Abu Dhabi Commercial Bank and Dubai Islamic Bank account for over two-thirds of the UAE's banking sector assets.
TradeArabia