04/11/2018
Saudi Aramco and Total to build $9bn petrochemical complex
Front-end engineering and design to begin in the third quarter of 2018
Alternative Investments
04/11/2018
Funding pressure eases for GCC banks with rising oil prices, Moody's says
Banks will benefit from continued deposit growth over the coming quarters, driven mainly by government deposits
04/11/2018
Dubai's DAMAC starts marketing dollar sukuk in 6 percent area
The new sukuk is expected to price later on Wednesday.
04/11/2018
Egypt's Recovery Room
Egypt is leading the region’s economic rebound, with special attention paid to nurturing the strong growth potential of smaller businesses.
04/10/2018
Dubai-based Abraaj hires Houlihan Lokey for health fund advice after dispute
Abraaj is also considering selling part of its investment management business, three sources familiar with the matter told Reuters last month.
04/10/2018
Standard Chartered forecasts GCC economies to grow 2% this year
The bank expects pick up in consumption as regional amid government continue to boost spending
04/10/2018
Mubadala to Hire Rothschild for Cepsa Stake Deal
Investments by Mubadala, created in 2002, include Globalfoundries Inc., a California maker of semiconductors
04/10/2018
Dubai's FDI flow surges to Dh27.3 billion in 2017
Dubai is experiencing rapid economic growth supported by its policies of a free and open economy and its ability to attract domestic and foreign investments.
04/10/2018
Prime minister promotes St. Kitts-Nevis’ CBI Programme in Middle East
Harris is also scheduled to meet with economic citizens living in Dubai with a view to encourage them to make greater investments in the country
04/10/2018
The key trends set to impact financial markets
The Eurozone has finally seen some growth, notwithstanding populism, political issues, Brexit and Catalonia. Actually, the economic numbers in Europe are positive and frequently surprise analysts on the upside.
04/10/2018
Dubai unveils FDI initiative for sustainable activities
'Impact FDI' is the term of reference for FDI projects that contribute to sustainable economic development goals with positive outcomes on people, business and the environment.
04/09/2018
EU becomes largest trading partner of GCC with two-way trade exceeding €143 billion
This makes the European Union as the largest trading partner of the GCC, when counted as a single economy.
04/09/2018
Dubai's mid-market real estate strong in Q1, report shows
The total volume of sales in the secondary market was AED 8.6 billion in Q1, according to Luxhabitat
04/09/2018
Mubadala Is Said to Near Hiring Rothschild for Cepsa Stake Deal
Mubadala is working with Cepsa’s management “to assess a range of strategic options” including a listing, strategic partnerships and the involvement of other investors, a spokesman for the firm said in response to queries.
04/09/2018
Financial advisors often scapegoats for investment worries beyond their control
The UAE’s under fire financial advisors are being made the scapegoat for problems often beyond their control, according to private equity firm Berkeley Assets.
04/08/2018
Al Masah Capital explores investment in disruptive space
Company is venturing into niche segments of facilities management and developing business eco-systems
04/08/2018
Saudi Arabian companies plan massive Houston-area investments
The announcements capped a three-week visit to Houston by Mohammed bin Salman, Saudi Arabia's crown prince, during a boom in U.S. oil and gas production largely driven by West Texas shale drilling.
04/06/2018
Look: Dubai's first cinema inside a hotel
Project set for completion within first half of the year
04/05/2018
Abu Dhabi state fund eyes stake in £3bn pension buyout firm PIC
The giant sovereign wealth fund is plotting a bid for JC Flowers' stake in Pension Insurance Corporation, Sky News learns.
04/04/2018
ADFG takes stake in 500 Startups
Beyond its technology investments, ADFG has also aquired an extensive real estate portfolio in the UAE, UK and Eastern Europe.