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Alternative Investments

06/09/2020

Dubai developer gets 'locked out' of own project by contractor

Croesus Holdings finds entrances boarded up at its two Dh100m projects in Majan

06/08/2020

French talent management firm steps into UAE

The company has partnered with UAE based PR agency, Spread Communications

06/08/2020

Dubai DIFC invests in innovative FinTech start-up companies

DIFC FinTech Fund invested in 'FlexxPay,' 'Go Rise,' 'NOW Money,' and Sarwa'

06/05/2020

Foreign institutions sustain bullish run on Qatar bourse

Trade turnover and volumes were on the increase in the market, where the consumer goods, realty, industrials and banking sectors together accounted for about 93% of the total trading volume.

06/05/2020

Dubai Chamber launches Banking and Funding Startups series

The first session was joined by Kunwar who shed light on certain issues that SMEs are facing due to the pandemic and the solutions available to them.

06/05/2020

Saudi billionaire prince sells iconic Norfolk in Sh2.8bn deal

The two hotels came to the limelight last week after the management announced it was firing all the employees, citing the effects of the Coronavirus pandemic.

06/04/2020

Dubai property prices are just 10.4% away from 2009 levels

Property Monitor Dynamic Price Index revealed prices are down almost 30% since peak of 2014

06/03/2020

First Abu Dhabi Bank sells $500mln in Formosa bonds

30-year Formosa bonds which had a 0% coupon

06/03/2020

Sharjah sells $1bln 7-year dollar sukuk

It gave an initial price guidance of around 275 basis points over midswaps for the sukuk

06/03/2020

SABB named ‘Best Trade Finance Bank’ in Saudi Arabia

SABB remains the trade provider of choice in Saudi Arabia as evidenced by market share.

06/02/2020

Life insurance top priority for UAE residents after Covid-19

46 per cent of UAE residents had indicated that life insurance is more important than before Covid-19

06/02/2020

Bank of Sharjah PJSC announces the successful issuance of AED 2 billion in Sukuk Trust Certificates for the Government of Sharjah.

Issuance of Government of Sharjah AED 2,000,000,000 Trust Certificates due 2021

06/02/2020

Investcorp closes €318m fund to invest in European senior secured loans

The Mount Row Credit Fund will focus on sectors and businesses that are less likely to be affected by Covid-19

05/31/2020

Initiative to promote private investments in Bahrain's government land

The main aim of the new initiative is to ensure successful collaboration between the private and public sectors

05/31/2020

EMEA fixed income investors bid on ESG for superior returns

EMEA investors have the highest proportion of investments covered by ESG considerations

05/31/2020

France's Natixis enters Saudi Arabia to expand regional footprint

The bank will offer investment banking and capital market products to clients from its Riyadh office

05/29/2020

Amlak Finance unable to complete debt restructuring agreement

"While 26 of the company's financiers have signed the said agreement, in return, one financier has abstained to sign it. Accordingly, agreement cannot be executed," company said

05/28/2020

Investcorp raises $372mln to invest in Italy's NPL market

Fund will be used to acquire loans at 'significant' discounts

05/28/2020

Virus pressure tests Saudi Arabia reforms as Aramco has Forbes debut

Saudi Aramco debuted on the prestigious Forbes list after completing the world’s largest initial public offering last year

05/28/2020

UAE property owners beware - Developers reclassifying projects will cost them

Delays on 'hotel apartment' projects will expose buyers to high VAT payouts

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