Category Archives: Business

$250m fund investment by Al Raha

Bahrain’s Al Waha Fund of Funds has proclaimed a considerable investment in Beijing-based MSA Capital – its 1st investment during a Chinese fund. MSA Capital, the foremost active Chinese fund within the Gulf, plans to use Bahrain as its “hub for regional expansion.” it’ll work closely with regulators, entrepreneurs, and strategic company partners to attach… Read More »

Bangladesh to build ships for UAE

DHAKA: at this time, Bangladeshi ships are being exported to around 12 countries in Asia, Africa and Europe. “Made in Bangladesh ships have a large potential in India, Pakistan, Asian country, the United Arab Emirates (UAE), Norway, Sweden, Denmark, Finland, Italy, Federal Republic of Germany and a few African countries. Now, our focus is to… Read More »

The private sector growth of UAE falls to the lowest in 9 years

Development in the United Arab Emirates’ non-oil private part eased back to a nine-year low in September, in the midst of record low new requests reflecting delicate interest, a review appeared on Thursday. The occasionally balanced IHS Markit UAE Purchasing Managers’ Index (PMI), which spreads assembling and administrations, fell somewhat to 51.1, from 51.6 in… Read More »

The Japanese FM Taro Aso plays a key role after the rise in taxes

Fund Minister Taro Aso on Friday rejected the need to support monetary improvement to counter the effect of the utilization duty climb; notwithstanding desires the administration and the Bank of Japan may act to lessen weight on the world’s third-biggest economy. The administration revealed a twice-postponed expense climb to 10 percent from 8 percent on… Read More »