03/15/2021
“This will be driven by a slow economic recovery that will make it harder for borrowers in sectors such as real estate, construction and contracting to repay debt,” said Nitish Bhojnagarwala, vice president — senior credit officer at Moo
03/14/2021
Abu Dhabi’s Aldar offers to buy majority stake in Egypt’s SODIC real estate company
UAE property developers are eyeing ways to diversify their income amid a depressed property sector at home.
03/14/2021
Pent-up Middle East demand for London property will be 'unleashed' by summer
The flat PCL market was due for an upturn before the pandemic began and investors are keen to tap into that growth.
03/12/2021
It will focus on development initiatives and enhancing economic cooperation
03/12/2021
AD S&P Global Ratings Roman Rybalkin: The Saudi economy is expected to recover in 2021-2022 due to an increase in global demand for oil and increase of private consumption
03/12/2021
PIF started raising bank debt in 2018 with an $11 billion facility, followed in 2019 by a $10 billion loan which it repaid last year.
03/12/2021
Under the programme, 15 high potential growth enterprises will be selected to receive support with scaling up – annually for three years.
03/12/2021
Amongst the top tier brands listed as Global Tier winners are Beijing Tong Ren Tang, CoCo, Faber Castell, Fender, Heinz, IKEA, LEGO, Lurpak, McCain, Netflix, PILOT, Spotify, Yakult, and Yamaha, amongst others
03/12/2021
Bank Muscat’s investment banking team was the financial advisor for RSVD on the debt financing project
03/12/2021
Groundbreaking MOU recognized both countries’ shared objective to create appropriate environment for economically and ecologically sustainable development
03/12/2021
Full-year profit net income fell to $31m
03/11/2021
Employment levels remain stable in February
03/11/2021
Ayana Holding forms joint venture with Marsan Real Estate Group to develop BellaViva at Whispering Hills
03/11/2021
The pandemic has further emphasised the need for diversification among investors, reveal AIX Investment Group’s board advisor Fadi Dabbagh and senior financial advisor Khalid El-Mikhi
03/11/2021
Drive to encourage entrepreneurship
03/11/2021
More than 50 people now make up the team, and plans are to keep this momentum going.
03/11/2021
Despite the challenges to foreign trade associated with the COVID-19 pandemic, in the third quarter of 2020, the UAE’s non-oil foreign trade achieved robust growth
03/11/2021
The firm reported a net profit of $21mln for full-year 2020
03/10/2021
Saudi Arabia a focus of M&A transactions
03/10/2021
Dubai’s Arrow Capital has teamed up with Silicon Valley’s Tribe Capital for a tech listing