02/07/2019
Middle East investors retreat from western property deals
Lower oil prices and concerns over Brexit have stifled demand
Alternative Investments
02/07/2019
UAE’s Mashreq bank hires banks ahead of dollar bond sale
The potential issue is expected to be of benchmark size, which generally means at least $500m
02/05/2019
How the extended cycle is impacting sovereign wealth fund spending
With oil prices having fallen to around US$ 60 a barrel, Middle Eastern SWFs are now less able to take oil surpluses and re-invest in real estate.
02/05/2019
Investcorp posts 5pc increase in net income
This was offset by lower asset-based income of $49 million compared to $68 million in H1 FY18, largely attributable to lower private equity and absolute investment returns, it said.
02/05/2019
Abu Dhabi’s FAB surges as it seeks more foreign investment
Investors from abroad held about 12% of FAB shares as of the end of last month, according to information on the stock exchange’s website.
02/05/2019
UAE investors ‘optimistic towards growth’
Despite this drop, over 10 per cent returns was still the most popular category among respondents.
02/05/2019
Dubai Finally Unlocks $500m In Frozen Funds, Ending 15-Month Dispute With Kuwaiti Investment Firm
The two executives should be thanked for their successful stewardship over these public funds rather unjustly prosecuted by Kuwait.
02/04/2019
Cash-Strapped Oman May Be Next Blowout After Bahrain Crisis
“Oman has the most concerning credit trends in the region,” said Abdul Kadir Hussain, the head of fixed income at Arqaam Capital, a Dubai-based investment bank.
02/04/2019
Global awarded “Best MENA Equity Fund”, “Best Sector Fund” by MENA Fund Manager
The Global GCC Large Cap Fund was named “Best MENA equity Fund”.
02/04/2019
Fitch affirms Emirates NBD at 'A+'; outlook stable
Fitch expects high willingness from the authorities to support the banking sector.
02/04/2019
FTSE Russell and Nasdaq Dubai announce Saudi equity indices for derivatives trading
Futures trading to begin later this month
02/04/2019
Mena M&A deal value up 69pc to $27bn in 2018
The significant growth in deal value was driven by increased deal-making in the UAE
02/04/2019
Oman Aviation seeks adviser for multi-billion financing – sources
Oman increasingly relies on borrowing to offset a widening budget deficit caused by a slump in oil prices
02/01/2019
Dubai Investments Park postpones Islamic bonds sale
DIP said more attractive funding alternatives were available
02/01/2019
Qatar Investment Authority invests $200 mn in Airtel Africa
The latest transaction would not involve any sale of shares by existing shareholders, Airtel Africa said
02/01/2019
Deyaar posts 7.4pc jump in 2018 net profit
The Dubai developer said it had been successful in handing over two of its flagship projects in 2018.
01/31/2019
Swiss firm unveils UAE edition watch worth Dh2 million
Jaquet Droz launches Bird Repeater Falcon as a tribute to UAE culture
01/31/2019
Dubai-based solar developer raises $65m to power MENA
He said they aim to build 300 megawatts of solar in the next 2 years, to benefit hundreds of businesses and the broader economy.
01/31/2019
TCS Bancs core system shows Solidarity in Bahrain
Insurance firm Solidarity Bahrain will deploy TCS Bancs’ core insurance system for a digital revamp
01/31/2019
UPDATE 1-Dubai Investments Park postpones Islamic bonds sale
The market downturn has put pressure on property developers’ existing bonds, with yields rising sharply in recent months, underperforming other sectors.