The benefits of the Saudi-UAE joint initiatives

The two GCC states will also create a platform that enables UAE and Saudi SMEs to bid for government procurement contracts, and the latest schemes are in addition to 44 joint strategic projects announced in June 2018.


Investcorp posts 5pc increase in net income

This was offset by lower asset-based income of $49 million compared to $68 million in H1 FY18, largely attributable to lower private equity and absolute investment returns, it said.