11/21/2018
OSN shareholder KIPCO hires bankers to sell 60% stake
The group has engaged an international investment banker for this purpose.
Alternative Investments
11/20/2018
Oman is open to all
The sultanate's welcoming climate facilitates opportunities for investment as it continues on its path of economic diversification.
11/20/2018
Where Middle East real estate investors see opportunities in Europe
Top cities for prime central business district offices include Amsterdam, Brussels, Copenhagen and Paris
11/20/2018
Banks aid Saudi gain, Dubai falls on real estate
Some cement stocks including Saudi Cement, Al Jouf Cement and Yanbu Cement gained, partly on hopes that a possible end to the Yemen war could boost cement demand for reconstruction.
11/16/2018
Middle East Investments in UK Property Market Surge as Brexit Hits Pound
Commentators have been speculating that if the government agrees on a trade deal with the EU, the value of pound sterling could rise.
11/16/2018
Bonds, Loans & Sukuk Middle East Awards: The 2018 Winners
The GCC countries stood out amongst their emerging market peers for the better part of this year. Sovereign, quasi-sovereign organisations and corporates pushed into new markets through debut transactions, including the region’s first Panda Bond.
11/16/2018
Emaar offers fast track home finance for residents and non-resident buyers with Noor Home special programme
Investors only have to pay 50 per cent before handover with the remaining 50 per cent to be paid conveniently through the home finance offer by Noor Bank, upon handover.
11/15/2018
Egypt: Bank Misr plans to raise $550 million to boost dollar reserve
The American bank Citibank and the Emirati National Bank of Dubai were chosen to arrange this operation, the same source revealed.
11/15/2018
Aldar Properties' Q3 profits fall 30% amid higher costs
Aldar Properties CEO Talal Al Dhiyebi said he believes recent government initiatives will encourage long-term growth
11/14/2018
UAE ups retirement destination appeal
Real estate investment options for expats planning to retire in the country
11/14/2018
Warren Buffett to expand his real estate empire to Dubai
Buffett's Berkshire Hathaway first acquired a stake in HomeServices of America - comprised of real estate brokerages and mortgage companies - as part of the purchase of an energy business in 2000
11/14/2018
Abu Dhabi signals global ambition with 2 million-barrel oil hike
Adnoc's appetite for global growth extends to liquefied natural gas, with a plan to increase export capacity once Abu Dhabi becomes self-sufficient in the fuel
11/14/2018
Gulf International Bank Successfully Raises $500 Million Financing Facility
The proceeds of the facility will be used to refinance an existing term facility and for general funding purposes.
11/13/2018
DP World celebrates $3.3bn listings on Nasdaq Dubai
The four listings together amount to a value of about $3.3 billion.
11/13/2018
Dubai index extends losses as Emaar weighs
The Dubai Financial Market General index closed 0.53 per cent lower at 2,802.88
11/13/2018
Arab development bank acquires stake in African multilateral lender
BADEA, which is owned by 18 of the Arab League’s 22 member nations and is headquartered in Khartoum, Sudan, has the mission of bringing more Arab capital into African economies.
11/13/2018
Opec to remain central bank of oil: UAE minister
He stressed that there is no intention to dismantle the organisation. In fact, he said the possibility is that some friendly countries may join and the group will become bigger.
11/13/2018
SoftBank seeks Deutsche's advice on Saudi power investments-sources
Saudi Arabia has provided about half of the US$93 billion raised by SoftBank for the fund
11/13/2018
Abu Dhabi Financial Group CEO dedicates Arabian Business Achievement Award to team
Jassim Alseddiqi was one of eight awardees crowned at the Awards held at the Waldorf Astoria in Dubai
11/12/2018
UAE banking sector to maintain steady growth
Revival in credit demand to support loan growth above 5%