08/06/2020
Emirates REIT hires Houlihan Lokey for strategic review
As part the review, all directors and employees of its manager Equitativa and Emirates REIT will be permitted to buy shares of the company, it said in a bourse filing
Alternative Investments
08/06/2020
It’s always about the oil in the Middle East
Confused by regional dynamics? Look to the constants.
08/06/2020
Bahrain's Investcorp records $165m loss for 2019-20 financial year
Fee- and asset-based income go through significant declines as recession bites deep
08/05/2020
Dubai attracted Dh12b in foreign direct investments in first-half 2020
There is a drop from 2019's Dh46b, but economy shows resilience against pandemic
08/05/2020
Dubai landlord lists 400 properties on Urban platform
Homes at Dubai Wharf, Shorooq now open for virtual tours and leasing
08/05/2020
First Abu Dhabi Bank sells 3.6 bln Chinese yuan 5-yr Formosa bonds
Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar.
08/05/2020
Trade Bank of Iraq rises up the ranks in banker magazine's top 1,000 world banks 2020
The Banker is the world's premier banking and finance resource, providing global financial intelligence since 1926
08/05/2020
Why South Florida Properties Keep Attracting Mideast Investors
There is a significant number of foreign investors coming from the whole Middle East and its neighbouring region such as South Asia, including but not limited to UAE, Qatar, Turkey and India.
08/05/2020
FTI Consulting launches ESG Compass to evaluate, inform and improve corporate sustainability performance
Confluence of events is accelerating the need for companies to assess and strengthen existing ESG efforts against peers and stakeholder and policy expectations in global and European market
08/04/2020
The move is aimed to limit risks from property slump
The United Arab Emirates is cracking down on the misuse of home loans to prevent risky borrowing as an ongoing property slump weighs on banks.
08/04/2020
Dubai records 190 FDI deals worth $3.3bln
Dubai had attracted $12.7 billion in foreign investments in H1 2019
08/04/2020
ValuStrat: UAE real estate market ‘shaken’ by the Coronavirus pandemic
Home sales transactions fell by almost 50% between the first two quarters of the year, reveals new real estate report by consulting firm
08/03/2020
Dubai developers keen to deliver projects ahead of Expo
Emirate's property sector proves resilience during coronavirus period, completing 30% of 45,720 units in H1
08/03/2020
DMCC cuts business set-up fees by 50% for diamond companies
The reduction is effective immediately and valid until 30 September
08/03/2020
Dubai Investments reports 42% drop in half yearly profits
Dubai Investments revealed H1 profits decreased to $55.78m as a result of Covid-19 impact
07/31/2020
Outlook: Weakening capital buffers could trigger negative rating on GCC insurers: S&P
High exposure to equites, other high-risk assets put earnings and capital buffers of GCC insurers at risk
07/31/2020
Upbeat non-hydrocarbons sector helps Qatar post gain in Q1 real growth: PSA
The agriculture, forestry and fishing registered growth of 0.6% and 8.1% year-on-year and quarter-on-quarter in Q1 2020 on a real basis.
07/31/2020
UDC posts net profit of QR101m in H1 2020
UDC is a leading Qatari public shareholding company with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing shareholder value.
07/31/2020
Saudi Arabia's Economy Hit Hard by COVID-19, Posts $29 Billion Deficit in Q2 2020
Economists have said this could restrict recovery as curbs aimed at reducing the spread of the coronavirus are lifted.
07/31/2020
Newcastle owner Mike Ashley banks £17m from takeover saga despite Saudi’s proposed £300m deal collapsing
The takeover has been dogged by trouble from the outset.