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
Alternative Investments
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
03/25/2020
Abu Dhabi exchange ADX turned into a public joint shares company
Abu Dhabi Securities Market (ADX) has been converted into a public joint shares company owned by a state entity ADQ, according to an Abu Dhabi government tweet
03/25/2020
Egypt to pay pensioners five allowances
The variable wage rate will be resettled by adding 80% of the private allowances