02/11/2020
Bahrain's Bank ABC reports profit drop as costs and credit losses climb
Efforts aimed at digital transformation drove costs 11 per cent higher last year amid fourth-quarter launch of mobile-only 'ila Bank'
Alternative Investments
02/11/2020
Al Salam Bank-Bahrain offers exclusive property financing for Saraya Al Reem 3 villas
The three- and four-bedroom luxury villas in Saar are ready to move into
02/10/2020
Bahrain's GFH acquires US hospitality portfolio for $250mln
The transaction has been undertaken in a joint venture with Arbor
02/10/2020
Dubai DFM's net profit falls by 4%; $54mln cash dividend proposed
Net profit reaches $32.8mln in 2019 on the back of low trading values
02/06/2020
ADNOC Logistics testing biofuel to reduce fuel consumption
The move forms part of the company's ambitious climate-protection goals
02/06/2020
Dubai Investments posts $179mln profit in 2019
Dubai-based group said that 2018 profit included a one-off gain on merger and acquisition transaction
02/06/2020
UAE businesses optimistic about resilient economy
The Expo itself is expected to bring in international visitors that will boost tourism, hospitality and retail
02/06/2020
Developing a first-of-its-kind mangrove park for UAE
This experience is further enhanced by a series of attractions, including kayak launch points, floating pontoons, expansive net-structures that allow children to get their feet wet, stepping pads and seating nodes with educational signage
02/06/2020
Mubadala said to be in talks to buy Jadwa's UAE healthcare assets
Saudi private equity group Jadwa owns a 42% stake in Abu Dhabi-based United Eastern Medical Services
02/05/2020
UAE allocates $2bn for investment projects in Mauritania
On Saturday, the Mauritanian President, Mohamed Ould Ghazouani, started a visit to the Emirates, which e duration was not announced, and during which he will meet with several Emirati officials.
02/05/2020
Saudi women in Forbes Middle East top five
There are also nine Egyptians, eight Lebanese and eight Omani women.
02/05/2020
Sheikh Mohammed announces Dh500m drive to improve quality of life in Duba
Vice President and Ruler of Dubai announces major investment after chairing Dubai Council meeting on Tuesday
02/05/2020
Invesco predicts another year of moderate global growth and low inflation for 2020
Geopolitical crises and other global disruptive factors are not enough to trigger a recession, says John Greenwood, Chief Economist, Invesco
02/05/2020
Middle East investors target $5.3bn London commercial property spend in 2020
Regional investors are set to increase commercial real estate investment in London this year, according to Knight Frank
02/04/2020
China virus may further subdue Gulf bond sales in 2020
2019 was record year for Gulf debt markets
02/04/2020
Dubai Investments' full-year profit edges up on higher operating income
Company's total assets increase by 7 per cent to Dh20.9bn in 2019
02/04/2020
Geopolitics can be a headache for UAE banks in 2020
Performance-wise, sector is in for another resilient turn with stable credit growth
02/03/2020
UAE allocates US$2b for investment in Mauritania: state media
Mauritania's defence ministry on Thursday denied media reports that the UAE was constructing a military base in the country.
02/03/2020
UAE’s real estate funds bide their time
They are waiting to ride out market downturn before going big and wide
01/31/2020
How Abu Dhabi property prices, rents fared in 2019
Average Abu Dhabi property values have fallen by 11 percent during 2019, according to ValuStrat