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.
Alternative Investments
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
05/10/2019
UAE and KSA brand dominance leaves little room for other country players
The only other regional firms to rank globally – Etisalat, STC, Emirates and Qatar National Bank – then round out the top five.
05/10/2019
TPG agrees to manage Abraaj’s $1bn healthcare fund despite fraud cases
The fund was at the heart of the scandal that brought down the Dubai-based buyout group
05/09/2019
wasl says The Nook has received a strong response from local investors
Developer’s investment strategy targeted Emirati youth and small Arab families
05/09/2019
Fitch Ratings: Jordan's Challenging Operating Environment Constrains Banks' Ratings
Arab Bank's Long-Term IDR of 'BB' is constrained but not capped by Fitch's view on Jordanian sovereign risk
05/09/2019
Arabian Centres to raise $747 million after pricing IPO at bottom of range
The company priced its IPO at 26 riyals per share, the document said, confirming an earlier Reuters story, and compared with a price range of 26 to 33 riyals per share for the sale of 95 million shares.