12/20/2018
The $259bn question: Saudi Arabia's 2019 budget under the microscope
Some say the budget is achievable because oil prices are currently “irrationally depressed
Alternative Investments
12/20/2018
Mideast entrepreneurs among world’s most ambitious and dynamic communities: HSBC
The report, which researched views of more than 3,700 successful entrepreneurs across eleven countries, revealed that the entrepreneurs in the Middle East tend to set up their businesses at a younger age against their global counterparts.
12/20/2018
Dubai's ultra-prime property still a magnet for investors
Supply in the ultra-prime category is still somewhat limited in Dubai
12/20/2018
Nasdaq Dubai to Launch Futures on MSCI Index in January
With the exception of Kuwait, Gulf Arab stock markets have been slow to introduce futures and options.
12/19/2018
Dubai sovereign wealth fund records 23% uptick in first half revenue
The Investment Corporation of Dubai posts Dh115bn in revenue
12/19/2018
BoI rallies Dubai investors on bilateral investment opportunities
He assured that the chamber would extend all necessary support to improve trade and investment relations between Nigeria and Dubai.
12/19/2018
Dubai’s property market slump hits construction sector
While 865 developers were registered with the Dubai Land Department in 2018, one in four had projects currently active
12/18/2018
Shuaa Capital begins consolidation after buying Kuwait’s Amwal
Shuaa said earlier this year that it had struck a deal to boost its stake in Amwal to more than 87 percent.
12/17/2018
NBK Capital to be coordinator of largest bond issue in Kuwait for Burgan Bank
CEO outlines NBK Capital’s strategy in interview with Sky News Arabia
12/17/2018
Boom years ahead for Middle East
Growth ahead in next 8-10 years; UAE, Saudi Arabia to lead region
12/17/2018
Saudi pledges Tunisia financial aid of about $830m
Tunisia is struggling to cut its budget deficit and stabilise falling foreign currency reserves
12/17/2018
Qatar Fund building venture capital unit for US startups
Saudi Arabia has since grabbed the spotlight for technology deals after pumping US$3.5 billion into Uber and allocating US$45 billion to SoftBank Group Corp.'s Vision Fund.
12/17/2018
Kuwait allows limitless foreign trade, ownership in bank shares
The ministry said the decision aims to attract and facilitate foreign investment in Kuwait especially in the banking sector.
12/14/2018
UAE Forum Opens Room for Debating 2019 Economic Prospects
The world’s economy is in constant movement.
12/13/2018
Abraaj Credit Fund to Be Taken Over by Kuwait's NBK CapitalNBK to make nominal payment to take over fund’s management
NBK to make nominal payment to take over fund’s management
12/13/2018
Kuwaiti investor spends £39m on London office building
The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU.
12/13/2018
Building and construction sector vital for realizing ‘New Kuwait 2035’ vision
Al-Subaih said that working towards achieving the vision of “New Kuwait 2035” requires the spirit of work and initiative to overcome all difficulties and obstacles
12/13/2018
QFC focusing on driving FDI inflows to Qatar: Al-Jaida
Not only have global agencies upgraded the banking sector’s rating, but their forecast for 2019 reflects continued confidence in Qatar’s economy.
12/11/2018
Sawari Ventures announces $35m first closing of $70m North Africa fund
This investment in the Sawari Ventures North Africa Fund I fully fits our mandate to support innovation, skilled job creation and access to essential services in the region
12/11/2018
UAE investment group buys key stake in Gulf Navigation
As per the agreement, Goldilocks will be actively collaborating with the management and the board of Gulf Navigation in order to drive an enhanced business performance.