03/29/2019
Dh37.2b dividends to be paid out by 114 UAE-listed companies
Banks are the largest distributors of profits
Alternative Investments
03/29/2019
Abu Dhabi’s exports up 36.6% at Dhs17.2b in Q4
This was as a result of increases in the value of the business sector and government by 25.6 per centand 1,297.7 per cent respectively, while the value of the individual sector decreased by 19.2 per cent over the same period.
03/29/2019
Intra-Arab financial and economic transactions reached $830bln in 2018- AMF Chairman
UAE central bank official said that sandboxes are necessary for regulators to assess growing risks in transactions
03/29/2019
Ajmal Makan Sharjah Waterfront City eyes good business at IPS
AJMAL MAKAN targeting more foreign investments to the UAE through International Property Show
03/29/2019
Middle East fixed income proves a safe haven within emerging markets
The region merits more attention than it typically receives, not to mention a higher portfolio allocation
03/28/2019
Dubai’s long-awaited stats show economic growth slowed below 2%
Investors got their first chance in months to size up how Dubai’s economy has fared during a downturn in its bellwether property sector as much-delayed data showed a slowdown last year.
03/28/2019
Burgan Bank approves distribution of 12 fils cash dividend, 5% bonus shares
BoD presents full year 2018 financial results
03/28/2019
Blue-chips lift Qatar, Banks boost Saudi
The increase in foreign ownership limit was approved by the companies’ shareholders in their annual general meeting.
03/28/2019
Saudi Aramco to buy $69 billion Sabic stake in biggest ever Middle East deal
Aramco plans to invest US$500 billion over the next decade, and much of that will be on refineries and chemical plants
03/28/2019
Network International receives strong investor interest for planned London IPO
The company, an affiliate of Emirates NBD, is seeking a listing on the main equities market in the UK capital
03/28/2019
Omniyat secures $41m financing for fit-out of its Dubai hotel in The Opus
The internal works will prevail outstanding benchmarks worldwide to meet the distinct needs of future guests, the company said.
03/28/2019
Investment Treaty Arbitration in United Arab Emirates
The United Arab Emirates aims to transform its economy by updating its regulatory and legal framework, which currently favours local over foreign investment.
03/28/2019
500 Startups MENA fund achieves final close of $33m
The final US$33 million close comes two years after a first one at US$15 million, and exceeds 500 Startups’ initial target of US$30 million.
03/27/2019
Kuwait Central Bank issues bonds worth $660mln
The issue will be matured in three months on 25 June
03/27/2019
Turkey's location attractive for Indian investors
"There are a lot of Turkish companies that are well established in the EU [...] So Indian companies can use this leverage to also get into the EU," Singh said.
03/27/2019
Portfolio investment flows to UAE, rest of GCC to increase
Portfolio debt inflows to increase from $51b in 2018 to $64b in 2019
03/27/2019
Private capital flows into UAE to pick up in 2019
Political stability, friendly biz environment, diversified economy to draw more investors
03/26/2019
Global investor services provider SGG Group rebrands as IQ-EQ
Our new name unifies our brands under a unique and vibrant new identity.
03/26/2019
Turkish investors dumping low-yield lira deposits drove up dollar
But Turkey’s central bank data has shown a relentless increase in foreign currency savings by local investors over the last six months, and Turkish bankers say below-inflation rates offered on lira deposits are driving savers towards dollars.
03/26/2019
BFC trusted name for remittances since 1917
It offers remittances to Bangladesh through EzRemit Money Transfer (EzRemit) – its own leading money transfer product, direct bank transfers instantly through partner banks in Bangladesh and other money transfer service providers such as MoneyGram