10/16/2018
Waha Capital acquires stake in Petronash
UAE investment firm may further raise its stake in oilfield services company to 50%
Alternative Investments
10/16/2018
Kuwaiti-Qatari trade volume touches $360 million in 2017
KCCI’s board member Wafa Al-Qatami represented the Kuwaiti side at the forum, while the Qatari side was represented by Hassan Al-Mansouri, Executive Director of Qatar Export Development Agency “Tasdeer”, added the statement.
10/16/2018
UAE launches low-cost insurance initiative for workers
This sum will include end-of-service benefits, vacation allowance, overtime, unpaid wages and certain cases of injury in the workplace.
10/16/2018
UAE rolls out affordable insurance scheme to replace bank guarantees
The country is abolishing a guarantee system that requires a deposit of Dhs3,000 per employee
10/15/2018
Fairway Group launches operations in Bahrain
The move into Bahrain comes on the back of the Fairway Group’s long and successful partnerships in the Gulf region, including with Emirates NBD in Dubai.
10/15/2018
Saudi buyers snapping up European commercial real estate
Saudi Arabian asset management firm SEDCO Capital recently acquired three properties worth $179.9m across France and the UK as investments
10/15/2018
View from abroad: UAE dominates M&A deals closed in Q3, especially among foreign investors
Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day
10/15/2018
Burgan Bank successfully completes its rights issue
The rights issue was oversubscribed with participation from the bank’s existing shareholders, underscoring the strength of the franchise.
10/15/2018
UAE calls for IMF, World Bank support in Mena region
Meeting discussed private sector’s role in the region’s economic transformation
10/15/2018
Bank Muscat posts OMR134.74mn net profit
The bank's operating expenses for the nine-month period ending September 2018 were OMR141.72million as compared to OMR134.43 million for the same period in 2017, an increase of 5.4 per cent.
10/15/2018
Saudi Arabia’s investment conference set to attract movers and shakers from business world
The kingdom’s economy is set to expand by at least 2.2 per cent this year, according to the IMF
10/12/2018
Lebanese fund turns to diaspora to revitalise real estate
Lebanon’s first real estate investment platform
10/11/2018
Qatari firms’ growth momentum continues despite siege
Market recovery since mid-March has been driven by increased FOLs (and the resultant foreign flows) led by QNB and is being sustained by improving oil prices.
10/11/2018
Qatar Sets 2019 for Free Zones Launch
Other than these two full-fledged free zones, Sayed said, the government has also allocated some areas of the upcoming Musheireb Downtown Doha under free zone which will be very important owing to its location and advanced infrastructure.
10/11/2018
QBIC launches fresh wave of LeanStartup
The program focuses on empowering entrepreneurs and providing them with the tools, hands-on experience and know-how to successfully bring their business ideas to life
10/10/2018
Saudi asset manager Sedco adds £137m of European property to portfolio
Saudi asset management firm Sedco has invested £137.5m in European property, including two sites in the UK.
10/09/2018
Dubai Land Department signs MOU with Knight Frank Middle East
As part of DLD's strategy to promote Dubai's real estate globally, Knight Frank Middle East will be providing advisory services to assist and educate prospective buyers with their best in-class research
10/08/2018
Saudi Arabia to invest $45bn more in SoftBank funds
Kingdom likely to be a continued supporter of Son's investment vehicles
10/08/2018
$2.4 trillion projects in GCC offer vast opportunities
The need for infrastructure and economic diversification is greater than ever.
10/08/2018
Adding brains to machines, Middle East companies embrace AI
Some 29 per cent of large enterprises in the Arabian Gulf said they are planning to adopt artificial intelligence this year