04/22/2019
Abu Dhabi outperforms on financials, real estate
The top lender in Abu Dhabi rose nearly 9 percent last week after obtaining regulatory approval to increase its foreign ownership limit to 40 percent from 25 percent.
Alternative Investments
04/18/2019
Chinese tech investors turn attention to GCC
With total internet penetration surpassing 60 percent in the Middle East, representing more than 150 million users, Chinese venture capitalists and angel investors are starting to take notice of the region.
04/18/2019
Gulf Insurance Group- Kuwait selects Beyontec suite to drive digital operations
Established in 2007 as a subsidiary of Gulf Insurance Group, gig-Kuwait was the first and only local specialized life and health insurance Company in Kuwait
04/17/2019
Zurich brings reassurance amid rising health risks in the Middle East
Key health risks: Cancer (47%) and heart attack (38%) top the list for customer benefits paid.
04/17/2019
Security token sales accelerate in the UAE
A $100m security token sale by Sumner Group targeting Middle East investors could be a taste of things to come
04/16/2019
Land seeks UAE property opportunities
The property market remains soft following the oil price slump but there is demand for good quality sites.
04/16/2019
Abu Dhabi hits multi-year on FAB foreign ownership change
Saudi stocks made a lacklustre start to the week as financial shares fell on profit-taking after robust gains in the Gulf region's biggest stock market this year.
04/16/2019
Saudi wealth fund PIF in talks to raise up to $8bn bridge loan
The loan will be repaid from the proceeds PIF gets from selling its SABIC stake, a source said
04/16/2019
Tuesday outlook: Asian shares' rally pauses as Wall Street drops on bank earnings
Abu Dhabi’s index gained 0.9 percent on Monday
04/16/2019
WiT ME 2019: Middle East is the “golden goose” of travel
The promise of the market has lured global online travel brands such as Booking.com and Expedia, as well as brands that have grown up in similar emerging markets such as Africa, South-East Asia and India
04/15/2019
Could Brexit encourage more Britons to retire in the UAE?
Under no-deal, an EU retirement will be more challenging for most Brits reaching the end of their working life
04/15/2019
UAE's Damac secures £175 million in bank finance for Versace branded tower in London
3 banks involved in funding, including Emirates NBD, for 50-storey Versace branded tower
04/15/2019
Real estate investments amongst UAE-based Filipinos climb to all-time highs: report
Philippine property market expected to cross double-digit growth this year
04/15/2019
Growing demand to support Islamic insurance premium growth
Despite current slow pace of growth in premiums, industry has huge potential for expansion
04/14/2019
Egypt mulls Panda, Samurai and Sukuk issuances for next fiscal year
Diversification of instruments and a gradual shift from short-term debt toward longer-dated credit are pillars of a four-year debt strategy designed to reduce the burden for one of the Middle East’s most indebted countries.
04/14/2019
Top European markets ‘continue to draw Mena investors’
This has led to huge investment domestically via PIF, the Saudi Sovereign Wealth fund.
04/14/2019
Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources
Proceeds from the Sabic deal, which Saudi Aramco has said is expected to close in 2020, could take a few months to come through to PIF, while a document seen by Reuters said the oil giant will pay for the deal in tranches.
04/12/2019
Qatar plays key role in promoting Shariah-compliant funds: OBG
In the early days of Islamic funds, the core customer base was made up of investors seeking a return from the market in a manner that did not contravene their religious, or ethical principles.
04/11/2019
Bahrain's Investcorp keen on Bangladesh
The Investcorp team has shortlisted three sectors to plough their funds into: infrastructure, consumer products and ICT.
04/11/2019
Turkey to inject $4.9bn into ailing banks as part of economy reform package
Finance minister also promises changes to the pension and justice systems as part of his New Economy Programme