04/16/2019
Abu Dhabi hits multi-year on FAB foreign ownership change
Saudi stocks made a lacklustre start to the week as financial shares fell on profit-taking after robust gains in the Gulf region's biggest stock market this year.
Alternative Investments
04/16/2019
Saudi wealth fund PIF in talks to raise up to $8bn bridge loan
The loan will be repaid from the proceeds PIF gets from selling its SABIC stake, a source said
04/16/2019
Tuesday outlook: Asian shares' rally pauses as Wall Street drops on bank earnings
Abu Dhabi’s index gained 0.9 percent on Monday
04/16/2019
WiT ME 2019: Middle East is the “golden goose” of travel
The promise of the market has lured global online travel brands such as Booking.com and Expedia, as well as brands that have grown up in similar emerging markets such as Africa, South-East Asia and India
04/15/2019
Could Brexit encourage more Britons to retire in the UAE?
Under no-deal, an EU retirement will be more challenging for most Brits reaching the end of their working life
04/15/2019
UAE's Damac secures £175 million in bank finance for Versace branded tower in London
3 banks involved in funding, including Emirates NBD, for 50-storey Versace branded tower
04/15/2019
Real estate investments amongst UAE-based Filipinos climb to all-time highs: report
Philippine property market expected to cross double-digit growth this year
04/15/2019
Growing demand to support Islamic insurance premium growth
Despite current slow pace of growth in premiums, industry has huge potential for expansion
04/14/2019
Egypt mulls Panda, Samurai and Sukuk issuances for next fiscal year
Diversification of instruments and a gradual shift from short-term debt toward longer-dated credit are pillars of a four-year debt strategy designed to reduce the burden for one of the Middle East’s most indebted countries.
04/14/2019
Top European markets ‘continue to draw Mena investors’
This has led to huge investment domestically via PIF, the Saudi Sovereign Wealth fund.
04/14/2019
Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources
Proceeds from the Sabic deal, which Saudi Aramco has said is expected to close in 2020, could take a few months to come through to PIF, while a document seen by Reuters said the oil giant will pay for the deal in tranches.
04/12/2019
Qatar plays key role in promoting Shariah-compliant funds: OBG
In the early days of Islamic funds, the core customer base was made up of investors seeking a return from the market in a manner that did not contravene their religious, or ethical principles.
04/11/2019
Bahrain's Investcorp keen on Bangladesh
The Investcorp team has shortlisted three sectors to plough their funds into: infrastructure, consumer products and ICT.
04/11/2019
Turkey to inject $4.9bn into ailing banks as part of economy reform package
Finance minister also promises changes to the pension and justice systems as part of his New Economy Programme
04/11/2019
Consolidation drives Q1 MENA M&A to highest value on record: report
Spike in MENA M&A deal value the highest on Mergermarket record
04/10/2019
Accor Group unveils vision for growth in Middle East and Africa
The MEA region makes up 40% of Accor’s residential pipeline
04/10/2019
Getting in early: Investing in start-ups
Want to invest in early-stage business ventures in the region but don't know where to start?
04/10/2019
Aramco receives blockbuster $100 billion demand for bond
Order book is set to be largest ever seen in emerging markets
04/10/2019
Confronting a new era with mergers
The recent merger mania in the UAE banking sector follows a relatively quiet decade for such deals.
04/09/2019
Aristo to market residential resort in Egyptian market with €100m in investments
Company sold property to Egyptians with sales worth €20m in 3 years, says Marketing Manager