09/11/2018
Abu Dhabi’s Aldar Properties hires banks for $750 mln sukuk refinancing - sources
Aldar, Abu Dhabi’s largest developer, reported last month a 28 percent fall in second-quarter profit attributing it to a revaluation of properties related to its retail portfolio.
09/10/2018
UAE bank mergers to ring in economies of scale
It is imperative for companies to seek efficiency in order to maximise margins and remain ahead of the competition
09/09/2018
Once overshadowed by its bigger neighbours in the Gulf, Kuwait’s market has emerged as the new darling of global investors.
09/09/2018
Shuaa says Amwal shareholders representing 70.9% stake in the company agree to sell their shares
09/09/2018
The Dubai flag carrier was voted top among dozens of airlines
09/07/2018
Liverpool, Manchester and Leeds offer investors more affordable properties with healthy returns
09/06/2018
ISS Global Forwarding set up in Dubai and will initially be present in 18 countries across the Middle East, Africa, Europe, India and Turkey
09/06/2018
The business managed $14bn at its peak
09/05/2018
Financial services corporation in frontier and emerging markets EFG Hermes has concluded its advisory to the Oman-based Dhofar Generating Company on its $52 million initial public offering on the Muscat Securities Market.
09/05/2018
“Investors seem to have gotten nervous about the situation in Turkey,” said Kim Ki-myung, a credit analyst at Korea Investment & Securities Co. in Seoul.
09/05/2018
A reading above 50 indicates expansion and below that level, contraction, Reuters reported.
09/05/2018
Sources say Bahrain has raised $500m from a private placement of bonds with five regional banks
09/05/2018
Through its mobile app and web platform, the startup is helping users buy, sell, and rent properties in Egypt, Saudi Arabia, and the UAE.
09/04/2018
The shares of ADCB and Union National Bank PJSC jumped by the daily limit of 15 percent at the open in Abu Dhabi.
09/03/2018
VCBank board member and chief executive Abdullatif Janahi said the move was in line with the strategy to conclude several exits from the investment portfolio during the current fiscal year and coming years.
09/02/2018
ADX starts new tick size for shares priced below Dh1
08/31/2018
Abraaj received bids this week to manage the funds and is expected to close the deal with the successful bidder by the end of the year, one of the two sources said.
08/31/2018
Media report names Tawazun named as investor in Putin-approved sedan
08/30/2018
Contagion from lira meltdown battered EM local bonds in August
08/30/2018
The 2018 ABANA Award Dinner partners include BlackRock and The Carlyle Group.