07/10/2020
Bridgestone announces mid-long term business strategy framework, sets new vision
Company Signals Start of a New Chapter, Positions 2020 as Third Foundation
Alternative Investments
07/10/2020
Damac Properties now hints at going back into full private ownership
Hussain Sajwani's Maple Invest could consider 100% ownership of developer
07/10/2020
DMCC to expand its coffee and tea centres with target to triple output and boost Dubai trade
DMCC commodity centres to be significantly expanded in line with increasing market demand and Dubai's strategic diversification
07/10/2020
Buying a gram of gold in Dubai touches all-time high at Dh216.25
Earlier high point was Dh215 a gram on September 6, 2011, when VAT was not there
07/09/2020
COVID-19 headwinds to hurt Saudi banks’ profitability
Decline in interest income curtails Saudi banks’ operating income
07/09/2020
Israel cenbank’s Abir says buying corporate bonds to prevent layoffs
The central bank began purchases on March 15 of up to 50 billion shekels of government bonds, which has helped reverse a spike in government and corporate yields.
07/09/2020
Egypt's expats become opportunity for $61bn fund manager
Luxembourg-based fund will initially allocate $50 million to 25 Cairo-traded stocks
07/09/2020
Single regulator a catalyst for mature UAE financial market
Merger will bring much needed stability and oversight to the financial markets of UAE
07/09/2020
Doha Bank bid to bring in more financial firms from Japan to invest in Qatar’s capital market
Bilateral and Synergistic Opportunities between Qatar and Japan
07/09/2020
Qatar invests €25bn in Germany
Al-Kuwari expressed Qatar’s desire to enhance its economic ties with Germany
07/09/2020
Top five investment deals in the second quarter of 2020
The investments also align with the wider trends brought on by the pandemic - a rise in agritech, foodtech, fintech and edtech.
07/08/2020
Israel pushes back creation of sovereign wealth fund as gas revenue trickles in
The minimum needed to begin investing – 1 billion shekels ($290 million) – will not be reached before the end of 2021, said Abir.
07/07/2020
Saudi Arabia’s 6-point plan to jumpstart global economy
The six-point plan, contained in a special report to the G20 leadership with input from 750 global business leaders
07/07/2020
Kuwait is locked in a heated debate over Future Generations Fund
Cutting off 10% annual payment to Fund will not help Gulf state by much
07/06/2020
Allianz SF rights issue 93.8% subscribed
The remaining shares total 2.495mln shares
07/06/2020
Network International forecasts 17-20% revenue decline in first half
The transition from cash to digital payments remains in high growth across our markets, where recent indicators point to an acceleration in this trend.
07/06/2020
Citigroup continues investments in EMEA region’s treasury, trade solutions
CitiBank has a team based in Saudi Arabia which is fully operational over a range of activities
07/06/2020
Turkey Stocks Up Amid Ban on Short-Selling by Foreign Banks
Authorities have already burnt bridges with foreign investors by drastically limiting their access to the currency and making it difficult for them to trade Turkish assets.
07/05/2020
Green finance is having a moment in the sun
More investors are signing up for, and chances are they will stick to these principles
07/05/2020
COVID-19 impact: More financial sector mergers likely in Saudi Arabia, GCC
Amidst economic challenges banks seek competitiveness, lower costs and capital boost