05/16/2019
Emirates posts $631m profit, awards $136 million dividend
“Higher oil prices and the strengthened U.S. dollar eroded our earnings, even as competition intensified in our key markets.
Alternative Investments
05/16/2019
Almost two-thirds of GCC expats don't seek financial advice in first two years: research
Those living abroad for more than two years seem to start think more closely about their financial planning accordingly.
05/15/2019
Aim for full financial inclusion in the Middle East
Even in high-growth economies as the GCC, gaps persist in creating banking for all
05/15/2019
Buying distressed properties in UAE: What you need to know
Here are things to know when property sold much below market price
05/15/2019
UAE firms keen to invest in Gwadar
“Pakistan and UAE need to work together to further upgrade their ties aiming at developing strategic partnership,” an official statement quoted the envoy as saying.
05/15/2019
ArgoGlobal expands Asia Pacific and Middle East A&H offering with TMK hire
He started his career at ACE and became head of A&H brokerage and underwriting in 2007.
05/15/2019
Zurich: Swiss insurer looks to gain bigger share of region's life industry
Despite criticism of some of its products, the firm's UAE chief Walter Jopp says it is committed to the Middle East
05/15/2019
UAE bank Liv. is giving away a private island
Sponsored: One lucky customer will win the mega prize
05/15/2019
DAMAC's first-quarter profits drop 94% as Dubai property market slumps
Dubai property prices have fallen since a mid-2014 peak, hurt by weaker oil prices and muted sales
05/15/2019
UAE's Finablr shares down as much 5% after London market debut
Finablr was priced at 175 pence per share but fell to a low of 166.16 pence on Wednesday
05/14/2019
UAE's Finablr extends IPO closing by a day to May 14: sources
The move came after global stock markets tumbled on Monday as the trade dispute between the United States and China escalated.
05/14/2019
Holborn Assets Launches Property Investment Company
One of the Leading financial solutions groups will offer a new way to invest in real estate with the launch of its property investment business
05/14/2019
UAE's Aldar Properties Q1 profit drops, plans $749mln capex in 2019
The state-linked builder of Abu Dhabi's Formula One circuit made a net profit attributable to owners of $150.6mln in the three months to March 31
05/13/2019
Generation Start Up: Trigem wants Dubai to become a hub for diamond servicing
The emirate is a major trading centre for the precious gemstone, but Trigem is going a step beyond
05/13/2019
Oman’s Ithraa shaping a new investment & export future
Targeting priority international markets and sectors, Ithraa has been at the heart of driving Oman's inward investment and international trade since 1996
05/13/2019
UAE's Amanat says Q1 net profit rises by 43%
GCC's largest healthcare and education investment company plans to grow portfolio, expand geographic footprint in 2019
05/12/2019
Green bonds rose 40 per cent in the first quarter backed by corporate issuance
The green sukuk market remained nascent, with issuances largely coming from South East Asia
05/12/2019
Dubai's Nimai Capital's Dh550.5m fund to invest in Asia, Africa
The Fund will be regulated by the Cayman Islands Monetary Authority.
05/10/2019
Bahrain Is Set to Receive $2.3 Billion From Allies in 2019
The ministry’s announcement is the first that offers details about the aid package, which has helped slash Bahrain’s borrowing costs and restore investor confidence.
05/10/2019
Emirates reports 69% profit drop as high oil prices, strong dollar hit earnings
The airline’s fuel bill – its “biggest-ever”, accounted for 32 per cent of operating costs