01/08/2018
War of the wallets
When it rains it pours — the last 18 months have seen the launch and promise of many digital wallets in the UAE
Alternative Investments
01/08/2018
Arcapita acquires leading US firm for $100m
The company’s customer base is comprised of nationally recognised blue chip companies in the retail, banking, hospitality, quick service restaurant and petroleum/C-store segments throughout the US and Canada.
01/08/2018
Dubai's Drake says UAE bank debt restructuring completed
Contracting giant also looking to refinance debt on projects in Saudi Arabia
01/08/2018
Dubai reveals plan to launch new real estate festival
Dubai Land Department says three-day event in April aims to attract more investment into the UAE
01/07/2018
New tallest hotel in the world set to open in Dubai
Gevora Hotel will be 356m high, just one metre taller than current holder JW Marriott Marquis
01/07/2018
Surge in foreign fund inflows sets stage for Egyptian boom
The gas discoveries should eventually make Egypt a gas exporter and boost its plans to become a regional energy hub.
01/07/2018
Qatar growing steadily and building accelerated economy
The British dignitary said Qatar and the UK have significant partnerships in a number of promising sectors.
01/05/2018
Saudi Arabia takes step closer to giant Aramco IPO
Bulletin published in the kingdom’s official gazette said the cabinet had approved giving joint-stock status to Aramco
01/03/2018
Jadwa Investment launches Jadwa REIT Saudi Fund
The equity-financed REIT will offer an initial net dividend yield of 7.3% in the form of quarterly distributions.
01/03/2018
MAG Lifestyle Development launches new unit
MAG International Alliances, he stated, has already created partnerships with top GCC organisations across the aviation, banking, healthcare and education sectors, and is also forming agreements with governmental entities.
01/03/2018
Bank Leumi agrees in principle to sell Romanian
The final transaction, which is not expected to impact financial results significantly
01/02/2018
Mideast funds to boost equities positions, favour Saudi after state budget
The latest monthly Reuters poll of 13 leading regional fund managers, conducted over the past 10 days, shows many funds will bet on 2018 being better.
01/02/2018
Al Rajhi Capital launches latest Saudi REIT IPO
Six other REITs have been listed since the Saudi stock market opened to them in 2016
01/01/2018
Egypt picks five Banks to manage Its $4billion Eurobond sale
The government selected HSBC Holdings Plc, Citigroup Inc., JPMorgan Chase & Co.,Morgan Stanley and the National Bank of Abu Dhabi for the sale scheduled around January
01/01/2018
Digital transformation: The catalyst for sustainable logistics operations
Kushal Nahata explains why sustainability must be front of mind for the region’s logistics players
12/29/2017
Saudi forex reserves rise for second month
It was the first time since mid-2014 that the reserves rose for two consecutive months.
12/28/2017
NDFI Pledges Support for Exports to Oman
Lack of liquidity was referred to by the official as the main problem facing Iranian investors in Oman and he called on the national development fund to assist in this regard.
12/28/2017
UAE non-oil growth to surge to 3.7pc in 2018
This should help offset continued weakness in the oil sector and deliver growth of around 3 per cent in the overall economy
12/28/2017
Financial Oil Trading Booms, Especially in the United States
This is more than double the 71 million trades for spot Brent futures
12/28/2017
Sharjah developer secures $270m funding for mega project
ARADA says it has signed loan deal with two UAE Islamic banks to support development of Aljada project