05/04/2018
Maldives lists $100m bond in Abu Dhabi
ADX said it was the first sovereign bond to have a primary listing on a UAE and Gulf stock market
Alternative Investments
05/04/2018
UAE, Saudi PMI fortunes diverge in April
Index in UAE advances to 55.1 while Saudi Arabia falls to 51.4, a record low
05/03/2018
UAE sees non-oil sector conditions improve in April
Job creation increased from a 17-month low in March
05/03/2018
Egyptian Electricity Holding to raise $700mln loan with HSBC and Credit Suisse - sources
The new loan, guaranteed by the finance ministry, has a five-year maturity and is being syndicated to international and Gulf banks.
05/02/2018
Global reports KWD3.9 million revenues
On the brokerage front, Global made focused efforts to grow the institutional brokerage business and generated KWD0.3 million (USD0.9 million) revenues.
05/02/2018
LUMINA expands into Saudi Arabia
With the addition of Saudi Arabia, and our recent UK presence, we are delighted to have progressed so quickly toward our goal of linking Saudi Arabia, UK and the UAE for our clients.”
05/02/2018
KAMCO acts as Joint Lead Manager and Bookrunner for DAMAC's $400mln Sukuk issuance
Dubai real estate developer DAMAC Properties’ $400mln 5 year Sukuk issuance with a 6.625% yield.
05/02/2018
Regional Leading Alternative Investment Management Experts Gather in Abu Dhabi
Seventh bi-annual AIM Summit starts on Wednesday May 2
05/02/2018
Valuation woes hit Saudi, DSI hurt Dubai
Property firm Dar Al Arkan Real Estate, a favourite stock among retail investors, dropped 3pc.
05/02/2018
Billionaire Shetty said to hire Evercore on Finablr IPO
Timing of an IPO is yet to be determined, according to Finablr executive director Promoth Manghat
05/01/2018
Abu Dhabi's 3rd biggest sovereign wealth fund posts investment gain in 2017
According to the U.S. based Sovereign Wealth Fund institute, the 1976-founded ADIA which employs 1,700 people manages approximately 828 billion U.S. dollars
05/01/2018
Japan, UAE to expand cooperation
The UAE is Japan’s main trading partner in the Middle East, accounting for about a third of Tokyo’s trade in the region.
05/01/2018
Qatar Wealth Fund May Sell High-End European Hotels
Properties in Cannes, Amsterdam, Frankfurt may be sold by QIA
04/30/2018
How Emotional is the Fed? by Gary Dugan
A Fed pressure index suggests that the core inflation could rise by over 100 basis points through the next two years and the index is still rising.
04/29/2018
Mubadala reports $2.9bn operating income in 2017
The companies, both wholly owned subsidiaries of Mubadala Investment Company, hold credit ratings by Moody’s, Standard & Poor’s and Fitch of Aa2/AA/AA respectively.
04/29/2018
Arab Bank Group posts $220m profit in Q1
Sabbagh said Arab Bank Group enjoys high liquidity and strong and robust capitalization.
04/27/2018
Jewellers see 10% export growth in FY19 after 5% decline in FY18
Growth in the sector was primarily driven by the cut and polished diamonds (CPD) segment, up 4.2 per cent to $23.7 billion in FY18
04/27/2018
Saudi petchems under pressure despite rise
Other Gulf markets were mixed.
04/27/2018
$4k monthly salary being demanded to buy Dubai property
Asteco says some banks, developers stipulating minimum salary as affordability remains at forefront of market
04/26/2018
Turkey, Spain praise strong ties, look to boost bilateral trade, investments
Yıldırım also mentioned that Turkey grew 7.4 percent last year, ranking first among the G20 members, adding that it was thanks to the strong government and continuous stability.