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Alternative Investments

08/16/2021

Qatar's 'strong growth rebound' seen on growing Asian LNG demand: World Bank

The Covid-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock causing a GDP contraction 4.8% in 2020.

08/16/2021

Abu Dhabi's Waha Capital secures $500mln revolving credit facility

Upsized facility will add to working capital

08/16/2021

Saudi Aramco Energy Ventures helps heat transfer fluid specialist raise $5.9mln

HT Materials Science produces heat transfer fluid additives which, when added to water and glycol heating and cooling systems, yield substantial improvements in energy use

08/16/2021

Savills World Cities Prime Index: Capital values

Dubai witnesses a 4.2% increase in capital value growth over the first half of 2021

08/16/2021

Dubai's Union Properties profits up 483% in Q2

Most notable positive results came from revenues from customer contracts which increased to approximately $53.7mln

08/12/2021

Amlak Finance posts of $53.67mln net profit in H1

Amlak’s H1 2021 revenues decreased by 19%

08/12/2021

Zurich's life sales growth in EMEA 'mainly driven' in five countries

The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.

08/12/2021

GCC's post-COVID-19 economic recovery on track with UAE, Saudi in forefront

UAE's recovery is supported by high oil price, vaccination rate and structural reforms

08/11/2021

NBK Egypt appoints Prime Capital to advise on voluntary delisting

The bank’s financial services and products include trade finance, and commercial and residential mortgages, among others.

08/11/2021

Non-Saudis can buy one property in Kingdom

The Absher platform has set out three requirements that must be fulfilled by expatriates in order to buy a property in the Kingdom

08/11/2021

QIIG reports a net profit of QR40.96m for H1, 2021

The Chairman pointed out that the Group had achieved good results before calculating provisions.

08/11/2021

Bahrain could create new pension layer and garner billions in new assets

End-of-service benefits for expats offer great options and economic potential

08/10/2021

Azizi Developments Teams Up With Leading Regional Banks For Exclusive Home Financing Solutions

Short approvals and processing times make the entire home-financing journey seamless and convenient.

08/10/2021

Abu Dhabi hits record high again on Q2 corporate earnings

In Abu Dhabi, the index gained 0.95 per cent to 7,572.82 points, with International Holding advancing 3.3 per cent at Dh141 per share following a surge in its first-half net profit

08/10/2021

UAE fintech Sarwa raises $15m in Mubadala-led funding round

Mubadala and 500 Startups join board

08/10/2021

Nigeria's WEMA Bank expands long-term business agreement with Network International

This collaboration will provide the bank access to Network International’s advanced digital infrastructure, allowing it to better meet its customers’ payment and card needs in Africa.

08/09/2021

Khalifa Almehairbi: UAE real estate surpasses international ones in terms of appeal and returns

UAE vision and initiatives have enhanced confidence in the national economy

08/06/2021

Dubai Investments H1 profits surge by 47%

Total income for the period also increased by 51%

08/06/2021

SPACs are rising: 35 deals worth over $100bln announced in July

Refinitiv data shows 235 SPAC acquisitions so far in 2021

08/06/2021

Eshraq Investments improves net profit by 167.25%, returning to strong growth and profitability

H1 operating income of AED 10.20 million, representing 9.58% year on year growth, with net profit of AED 17.95 million

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