10/04/2018
Hiring housemaids to get cheaper as insurance scheme will replace bank guarantee from October 15
The move is in line with the Cabinet decision on the adoption of the insurance system as an alternative to the bank guarantee
Alternative Investments
10/02/2018
ABAX rebrands to Ocorian
African trade and business expansion experts, Abax Corporate Services (ABAX), renamed Ocorian following buyout
10/01/2018
Mideast funds less positive on equities
Over the past couple of months, currency weakness in places such as Turkey, tumbling bond prices in countries including Lebanon and trade tensions involving the United States and China have cast a pall over emerging markets generally.
10/01/2018
GCC bond performance fuels foreign investors’ appetite
The bond market in the GCC region saw the issuances to the tune of $70bn, an all-time high issued amount in the year 2017.
10/01/2018
UAE approves record budget
$16.4bn allocation for 2019 is the largest in the Persian Gulf state's history
10/01/2018
Forbes Middle East displays confidence in Middle East's real estate sector
Technology, too, is helping the industry transform and with government support the near future for the real estate market looks promising.
09/30/2018
Crowdfunding: A new way of closing the financing gap for SMEs and entrepreneurs in Saudi Arabia
Scopeer is an equity-based crowdfunding platform that connects entrepreneurs, startups, and SMEs in Saudi Arabia with potential local and international investors
09/30/2018
'Luxury' student accommodation sold to Middle Eastern bank
The purchase was supported by a five year £18.4m investment facility from the Bank of Scotland’s Commercial Real Estate team.
09/30/2018
Qatar's emir to seek increased trade in tour of Latin American countries
Doha has sought to develop new trade and business partners since rift opened last year with four of its neighbours
09/28/2018
Abu Dhabi's Mubadala plans bond transaction soon
The deal would come at a busy time in the regional debt markets, with a number of high-profile deals already lined up for the next few weeks.
09/28/2018
Boston Consulting Group moves regional office to Dubai World Trade Centre
DWTC announced cuts to its licencing fees earlier this year
09/27/2018
Saudi Sovereign Fund Plans to Build 'Riviera of the Middle East
Amaala seen as "ultra-luxury" tourism destination in kingdom
09/27/2018
Abraaj asked to vacate a DIFC office by end of the month
Dubai-based buyout firm given notice to vacate an office in the financial centre after lease ends
09/27/2018
Aldar takes over UAE property services group Khidmah
A leading real estate developer in Abu Dhabi with $10 billion in assets, a 75 million sq m land bank, and through its iconic developments, Aldar is one of the most well known in the UAE and wider Middle East region.
09/26/2018
Qatar an attractive destination for US investments
The US is also Qatar’s first destination for imports, the Minister said noting that 16 percent of Qatar’s imports came from US in 2017.
09/26/2018
Egypt Seeks New Debt Investors With Euroclear
Enlisting its services would make it easier for foreigners, who currently have to go through a local bank, to invest in Egyptian pound-denominated debt.
09/26/2018
UAE high-flyers launch financial products comparison platform
Dubai-based insurance broker founders offer ‘transparent’ choice of life insurance and banking products
09/25/2018
TPG in Exclusive Talks to Buy Abraaj’s $1 Health-Care Fund
Abraaj was the largest private-equity firm in the Middle East until it filed for provisional liquidation in June
09/24/2018
'We want to be number one' - Azizi Developments' Mirwais Azizi on the story behind Dubai's fastest-growing developer
How the chairman of Azizi Properties not only got out, but subsequently amassed a fortune across multiple businesses and countries, could be the subject of a novel or screenplay.
09/24/2018
Abraaj’s fund management rights to be transferred to investors
Liquidators’ move signals end for buyout group’s stewardship over EM funds