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Alternative Investments

04/03/2020

UAE citizens invest to AED1.65 billion in Abu Dhabi, Dubai stock exchanges

Total transactions in both bourses stood at AED22.36 billion in March, AED12.732 billion of which were conducted at Dubai Financial Market and AED9.63 billion in Abu Dhabi Securities Exchange.

04/03/2020

Invest Bank reports 61% lower losses in 2019

The decrease in net losses is attributed to a decline in operating expenses

04/02/2020

Coronavirus, low oil prices threaten GCC insurers’ earnings- S&P

S&P notes that it is still too early to assess the full financial impact on the insurance sector in the GCC

04/02/2020

Bahrain pays back $1.25bln in bonds - statement

Bahrain has paid back $1.25bln in bonds that matured on March 31

04/02/2020

UAE Exchange customers keep waiting for their money

Some are still waiting for their remittances to be credited despite weeks going by

04/02/2020

Al Ramz Capital expands market-making activities on Nasdaq Dubai

The company seeks to support liquidity trading on the futures contracts

04/01/2020

Adnoc Distribution raises dividend to Dh2.57b

Blue-chip Abu Dhabi company had net profits of Dh2.2 for 2019

04/01/2020

VUMI makes Middle East push with Dubai office

The plan's five variations: allow Insureds to choose from a wide range of coverage levels, deductibles, per visit excess and co-insurance options.

04/01/2020

Survival of the fittest: Good governance and transparency in the workplace

Life in the times of COVID-19 is redefining and pushing the landscape of challenges that businesses face to entirely new levels.

03/31/2020

Ezdan Holding posts QR309.2mn net profit in 2019

Ezdan has also declared that the Investor Relations’ conference will be held via a conference call to review the financial results of the company in 2019.

03/31/2020

Victims reveal huge losses after falling for Dubai property scam

People promised short-term lets at knock-down prices have lost thousands of dirhams on fake Airbnb websites

03/30/2020

Why the stock market crash could be the buying opportunity of a lifetime

While some UAE residents are cashing in on lower equity prices, those new to investing should tread more carefully

03/30/2020

‘Now is the wrong time to be selling,’ says JP Morgan Middle East MD Steven Rees

Technology, health care and high dividend payers like utilities as offering appreciable investment upside.

03/27/2020

UAE govt grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package

Many businesses have been told to close during the coronavirus crisis

03/27/2020

Dubai's Al Zarooni Group announces three-month rent waiver worth AED 25 million for mall tenants

Rental relief for tenants at Mercato and Town Centre Jumeirah is part of support offered to retailers affected by COVID-19 outbreak

03/27/2020

Gulf equity markets set to remain volatile in near term, says Kamco

Currently, investors can play the dividend opportunities that have emerged (more than 5% dividend yields), with certain dividend record dates beyond March 15, 2020.

03/26/2020

Gulf dollar bonds rally as global markets rebound

Gulf bonds posted further gains on Wednesday

03/26/2020

UAE banker to open investment management venture

Aimed at investors in the Middle East, Africa, India, southeast Asia, US and UK

03/26/2020

Salama Insurance achieves AED 55 million net profit in 2019

The Board of Directors recommends cash dividends

03/25/2020

Global economies open cash taps and hope

But even with all that promised funding, there is no guarantee pain will be any less

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