09/18/2020
Dubai may be as indebted as South Africa if dissenters are right
The debt burden could equal 77 percent of this year's GDP, comparable with what the IMF predicts for South Africa.
Alternative Investments
09/17/2020
Abu Dhabi's sovereign fund ADIA discloses 5.05% stake in Cheniere Energy
The value of the stake is around $615mln
09/17/2020
Abu Dhabi Investment Office to open Tel Aviv office
Move aims to unlock investment and partnership opportunities between UAE and Israel
09/17/2020
DP World and Dubai Customs to explore trade links with Israel
The two sides signed a series of agreements to develop trade infrastructure
09/17/2020
COVID-19 or not, these 7 UAE SME business ideas are here to stay
COVID-19 opened SME business opportunities for entrepreneurs (or aspiring ones) in the United Arab Emirates, but there are those that stand the test of time.
09/16/2020
Qatar seeks investment opportunities with US
A number of diplomats, ambassadors, senior officials and representatives of various governmental bodies and agencies from both countries participated.
09/16/2020
Israel's Beitar Jerusalem in talks with Abu Dhabi investors
The club gave no details on the prospective deal or investors, other than to identify them as “entrepreneurs from Abu Dhabi”.
09/15/2020
Tanzania eyes Qatari investments in its ICT, energy, other sectors, says envoy
Rajab said the embassy of Tanzania also partnered with Qatari company KON in organising the forum to promote other products like minerals, beef, coffee, spices, honey, and essential oils, which ‘are in high demand in the Qatar market.’
09/15/2020
Swissquote MEA announces opportunity for smart long-term investments in gold
Gold Active Trading Certificate offers clients a smarter way to invest in precious metal using long-term and covered call strategies
09/15/2020
Local M&A market size in Saudi to reach $1.2bln in 2021
The e-commerce space acquired the lion’s share of M&A operations over the past five or six years
09/15/2020
UAE-Israel trade and investment prospects ‘exciting’ for both nations, Economy Minister says
Economic potential of region has never looked better, says Abdulla bin Touq
09/14/2020
Gulf International Bank to Hire Advisers for Dollar Bond
Bond yields are at all-time lows, attracting borrowers to the debt markets.
09/14/2020
Bahrain's Investcorp picks up stakes in two leading Chinese healthcare firms
Launches dedicated platform that will pick up stakes in this particular space
09/11/2020
Qatar international reserves seen at $37bn by year-end: FocusEconomics
Qatar’s GDP has been estimated to reach $211bn in 2024 from $162bn this year.
09/11/2020
Deloitte 2020 Powers of Construction report: From C-19 “Respond” to “Recover”
Topics discussed in the Deloitte report include GCC projects market outlook, real estate sector performance, financing contractors, contract renegotiations, technology, project liquidity, and smart design, among others.
09/10/2020
Bahrain sells $2 billion in sukuk and bonds
It sold $1 bn in sukuk at 3.95%, $1 bn in 12-year bonds at 5.45%
09/10/2020
Saudi Arabia squeezes Aramco as low oil prices roil state budget
Aramco has suspended key projects and racked up debt, triggering concerns among investors.
09/10/2020
Methaq Takaful declines taking measures to acquire Eshraq Investments
Eshraq Investments is dually-listed on ADX and Tadawul
09/10/2020
Bahrain’s Bank ABC in talks to buy Egyptian unit of Lebanon’s Blom Bank
Lebanese banks are aiming to strengthen their finances amid economic turmoil in the country
09/10/2020
Oman will tap local and international debt to fill coffers
The ministry also confirmed it has secured a $2 billion bridge loan previously reported by Reuters.