11/12/2020
Aldar Q3 2020 revenue up 30% to AED 2.1 billion and net profit up 8% to AED 416 million driven by record quarter for development business
Strong financial performance reflects the strength of Aldar's diversified business structure
Alternative Investments
11/12/2020
Bahrain first in GCC to allow use of convertible notes
Lenders can be repaid in equity rather than cash
11/12/2020
Bahrain-based Investcorp sells eight US assets for over $900mln
The properties were garden and townhome-style apartment buildings located in Arizona, California, Florida and New York
11/12/2020
What Bank Of The Future Looks Like
The COVID-19 pandemic has caused major changes to the way we live and work and forced us to form new habits to adapt to the ‘new normal’.
11/12/2020
SICO reports BD 1.7 million net profit in the first mine months of 2020
The bank's performance was supported by strong third-quarter results with net profit growth of 119 % compared to same quarter last year
11/12/2020
Egypt secures $7.308bn in financing over 2020: Al-Mashat
Ministry committed to charting course of development financing to accelerate progress of SDGs
11/12/2020
FAB awarded global custody mandate for Shuaa Capital
Shuaa funds platform is expected to be the largest of its kind to be domiciled in ADGM
11/12/2020
Louis Dreyfus to gain first outside investor via deal with Abu Dhabi's ADQ
The deal also includes a long-term supply agreement to sell agricultural commodities to the United Arab Emirates, the companies said.
11/12/2020
International Investor Magazine announces its final round of business award winners for 2020
Our readers have selected organisations that are bringing better ways of doing business to the investment community.
11/11/2020
Expo 2020 Dubai: Top official reveals new timetable for global event
COVID-19 caused event to be postponed seven days before first test event in March
11/11/2020
QBIC launches 2nd wave of Lean Manufacturing Programme
The LMP modules, which also include customer validation, product prototyping, marketing and sales strategy, factory design, and machinery mapping, will be delivered virtually through weekly interactive workshops and training sessions.
11/11/2020
UAE's ADNOC, ADQ launch TA'ZIZ JV to drive growth and investments
Potential anchor chemicals projects selected as part of $5bln phase one investment
11/11/2020
Real estate trends: Dubai's home sales fall; decline in property prices slows down
Pace of decline in capital values slows down
11/11/2020
Qatar puts up 'for sale' sign with new property visas
The reforms could also help soak up an oversupply of units, which has left gleaming towers half-empty and seen prices drop by almost a third since 2016, according to consultancy ValuStrat's Price Index for residential property.
11/11/2020
EBRD, EU and partners boost green finance in Egypt
Working with the EBRD’s local partner banks, two programmes cumulatively worth €220 million will offer sub-loans to businesses for green investments in energy, water and resource-efficient solutions.
11/11/2020
The next steps for Saudi Arabia's sovereign Public Investment Fund
Public Investment Fund is one of the rarer types of sovereign wealth funds, typically described as a strategic development sovereign wealth fund.
11/10/2020
Dubai's private sector output slips to a five-month low in October, IHS Markit finds
Construction activity dips, as did demand in travel and tourism
11/10/2020
Saudi Aljazira Takaful reports 14% profit decline in Q3
The insurer's quarterly profits stood at $2.10mln
11/10/2020
Praemium doubles down on Dubai
Really important to have boots on the ground, says chief operating officer
11/10/2020
Oliver Elirani and April Lincoln launch consulting firm Ollen Group
The company is aiming to support clients across a diverse range of sectors, from agribusiness, hospitality, consumer goods and travel retail, to public sector, healthcare and technology.