04/01/2021
Dubai’s Damac posts Dhs1bn 2020 loss; head says market recovery may take up to 2 years
The developer posted Dhs4.7bn in total revenues for 2020
Alternative Investments
03/31/2021
Morgan Stanley opens Saudi Equity Fund to foreign investors
The fund aims to provide long-term capital appreciation and growth by investing in securities listed on the Saudi Stock Exchange
03/31/2021
Bahrain's real estate sector rebounds; $1.9bln transactions recorded in 2020
Real estate deals rose by 14% and 20% in third and fourth quarters of 2020 respectively
03/31/2021
GCC’s consulting market shrinks 12.4% in 2020
The GCC consulting market is now worth around $2.7bn
03/31/2021
Dubai’s biggest bank to raise $1.75bn in Gulf’s first ‘sustainable loan’
Under this kind of structure, companies pay less if they hit specific goals or more if they miss targets.
03/31/2021
Foreign investors key to Arab market’s recovery
Saudis are keen to open up the country and integrate it with the rest of the world.
03/31/2021
Tata Group sets sights on KSA expansion with new luxury hotel
Tata has had a MENA presence for more than 50 years
03/30/2021
UAE shares lead GCC markets, boosted by Julphar, reopening of Suez Canal
Abu Dhabi Securities Exchange gained for the second consecutive day, rising 1.17 per cent, while Dubai Financial Market rose 2.1 per cent
03/30/2021
Dubai to build one of world's largest 'energy-from-waste' plants, to cost Dh4b
Facility to process up to 45% of Dubai's municipal waste generation
03/30/2021
NBC signs incubation pact with Omani company
The company will benefit from a range of services offered by NBC that will contribute to its growth while having access to intensive training, coaching and mentoring sessions.
03/30/2021
The Turkish real estate markets to invest in as investment migration booms by 819%
Turkey offers investors speed which is a vital commodity in today’s world, providing a fast route to obtain alternative citizenship in just two months.
03/30/2021
Saudi Arabia-hosted finance event to outline Arab post-pandemic recovery
Supported by the Saudi Stock Exchange Company
03/29/2021
Abu Dhabi's ADFD allocates $200mln to spur UAE exports
"The expansion of the UAE export economy represents both an immediate and long-term strategic opportunity for the UAE"
03/29/2021
Dubai Chamber discusses investment opportunities with the principality of Monaco
The dignitary was head of a delegation from the European principality that arrived in Dubai to explore opportunities of mutual benefit and to enhance bi-lateral relations as the city moves towards Expo2020 in October
03/29/2021
Saudi mortgages jump in February bucking global property trepidation
The COVID-19 pandemic has put pressure on the global housing market, as people delay big purchases because of worries about job security and financial stability
03/29/2021
Dubai, the business capital of Africa
Growing numbers of Africa-focused companies are basing themselves in the emirate
03/26/2021
Abu Dhabi's Aldar announces $310mln cash dividends for 2020
This is equivalent to 14.5% of the company’s capital
03/26/2021
KBW Ventures CEO Prince Khaled to be part of $15m food innovation challenge
XPRIZE Feed the Next Billion was launched last December
03/26/2021
Jadwa sets up new Saudi real estate investment fund
This comes as part of our commitment to deepen our investment activity in the Saudi real estate market, expand our range of offerings, and provide compelling investment returns to our clients.
03/25/2021
Real estate investment funds see Saudi's Tadawul trading surge
Of the 73 companies, the top 11 were REITs. The top performer was the Bonyan REIT Fund, trading 4,172% above its three-month average