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Alternative Investments

04/19/2021

Sharjah Insurance's shareholders approve 7% dividends for 2020

Cash dividend distribution aggregates at a total amount of $2.6mln

04/19/2021

Emirates NBD and Etihad Credit Insurance sign agreement to ease bank's businesses access to trade finance

The partnership is in line with the UAE government’s ‘Make it in the Emirates’ initiative

04/16/2021

More than QR783m volume of real estate transactions during past week

The total value of real estate transactions in the period between March 28 to April 1 was QR681,27,69.

04/16/2021

Qatar shares outperform as cap on foreign ownership removed

The cabinet also decided to keep central bank liquidity support for local banks

04/15/2021

Deyaar profits rise, sees Dubai property demand growing

Deyaar recently handed over its Bella Rose development in Dubai Science Park.

04/15/2021

Saudi's SABIC to distribute $1.2bln in H2 2020 dividends

Eligible shares will be entitled to a dividend of SR1.5 per share

04/15/2021

Six selectors reveal popular fund products in Middle East

Clients will have to prepare to stomach higher volatility, but we think that’s the only way to future proof their portfolios and brace for lower returns to come.

04/14/2021

Franklin Templeton celebrates 20 years in the Middle East

The organisation opened its first office in Abu Dhabi in the Middle East in 2000

04/13/2021

Egypt Sovereign Fund puts Tahrir Complex development into motion

Diversifying uses of Tahrir building will ensure bringing in non-stop returns, whether from hotel or commercial units: Fund’s CEO

04/13/2021

Dubai’s Alabbar to lead new digital-only UAE bank

Online banking has become increasingly popular in the UAE, especially as a result of restrictions as a result of the pandemic

04/13/2021

How investors' confidence has been renewed as coronavirus recovery continues

Investors are increasingly seeking opportunities in emerging markets, healthcare, tech, green industrial sectors in the wake of the pandemic

04/12/2021

Lenders push Saudi index down

Other GCC markets traded higher ahead of first-quarter results

04/12/2021

Lootah Global Capital and Heritage Amanah International to advice on Indonesian tech company's Gulf IPO

The companies agreed to explore opportunities between Mena and South East Asia following the UAE's investment in Indonesia's sovereign wealth fund

04/12/2021

Dubai FDI and CIG Group partner to boost investment in the UAE

The strategic alliance will promote cross-border business and investment opportunities

04/12/2021

Emaar Properties highlights resilient performance at its 25th annual general meeting

The dividend distribution proposal from the Board of Directors representing 10 per cent of the share capital was approved at the AGM, confirming Emaar's keenness to ensure added value for its shareholders

04/12/2021

Middle East and Africa M&A activity jumps 52% in Q1 2021

M&A targeting the region reached $32.7bn across 110 deals, up from $21.5bn in 85 deals in the first quarter of 2020

04/09/2021

Investments get ‘real’ as inflation fears dim appeal of bonds

“The reversal of bond yields this year is the game changer for the 60-40 portfolio,”

04/08/2021

Startups in UAE, Saudi, Egypt raised $170mln in Q1

UAE topped with $130mln invested in 11 startups, says Wamda

04/08/2021

The Saudi Stock Exchange (Tadawul) Announces Its Transformation into A Holding Company (Saudi Tadawul Group) In Preparation for IPO

This transformation establishes the necessary platform to realize the Group's strategic objectives and strengthen its infrastructure ahead of the IPO this year (2021)

04/06/2021

UAE to create 25,000 jobs in vital sectors over next five years

Under the bank's strategy, more than 13,500 SMEs will be financed

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