04/09/2018
EU becomes largest trading partner of GCC with two-way trade exceeding €143 billion
This makes the European Union as the largest trading partner of the GCC, when counted as a single economy.
Alternative Investments
04/09/2018
Dubai's mid-market real estate strong in Q1, report shows
The total volume of sales in the secondary market was AED 8.6 billion in Q1, according to Luxhabitat
04/09/2018
Mubadala Is Said to Near Hiring Rothschild for Cepsa Stake Deal
Mubadala is working with Cepsa’s management “to assess a range of strategic options” including a listing, strategic partnerships and the involvement of other investors, a spokesman for the firm said in response to queries.
04/09/2018
Financial advisors often scapegoats for investment worries beyond their control
The UAE’s under fire financial advisors are being made the scapegoat for problems often beyond their control, according to private equity firm Berkeley Assets.
04/08/2018
Al Masah Capital explores investment in disruptive space
Company is venturing into niche segments of facilities management and developing business eco-systems
04/08/2018
Saudi Arabian companies plan massive Houston-area investments
The announcements capped a three-week visit to Houston by Mohammed bin Salman, Saudi Arabia's crown prince, during a boom in U.S. oil and gas production largely driven by West Texas shale drilling.
04/06/2018
Look: Dubai's first cinema inside a hotel
Project set for completion within first half of the year
04/05/2018
Abu Dhabi state fund eyes stake in £3bn pension buyout firm PIC
The giant sovereign wealth fund is plotting a bid for JC Flowers' stake in Pension Insurance Corporation, Sky News learns.
04/04/2018
ADFG takes stake in 500 Startups
Beyond its technology investments, ADFG has also aquired an extensive real estate portfolio in the UAE, UK and Eastern Europe.
04/03/2018
Pak-Iran rice trade via Dubai continues despite PTA
The ceremony was also attended by acting Consul-General of Iran in Lahore Majid Sadeghi Dowlatabadi and former Iranian foreign minister Syed Kamal Kharazi.
04/03/2018
UAE’s Tabarak given more time to close United Arab Bank stake buy
An exclusivity agreement granted to the private equity firm to finalise the purchase expired on Monday
04/03/2018
Monthly markets round-up: Saudi's attempt to woo passive funds pays first big dividend
About $2.2billion of investment into Saudi equities is expected, following Tadawul’s inclusion onto FTSE Russell’s secondary emerging market index.
04/03/2018
Sharjah group wins top asset management award
The victory has come at an ideal time for the company, which has a strategic roadmap for the coming year.
04/03/2018
TSYS and Mashreq Bank Announce the Successful Implementation of PRIME℠ for Acquiring Services
Award winning financial institution in Dubai successfully deploys TSYS’ payments processing solution
04/03/2018
Global markets drop amid Wall Street sell-off
Technology shares were hit hard in the United States on Monday
04/02/2018
Saudi regulator approves exchange listing of domestic government bonds
By creating transparent benchmark prices for debt, the trading could also encourage more Saudi companies to issue corporate bonds.
04/02/2018
Bakery opens in Dubai to fund emerging markets, backed by Abraaj
A new venture capital firm, focused on investments in emerging markets, is set to launch in Dubai.
04/02/2018
Qatari investments ‘bring economic development to US cities’, says US-Arab chamber official
The NUSACC supports the forums, roundtables, and B2B matchmaking meetings that will take place in the US. We are doing this in partnership with the Ministry of Economy and Commerce, the US-Qatar Business Council, American Chamber of Commerce in Qatar, Qat
04/02/2018
MENA M&A deal value plunges 57.6% in 2017
Mergermarket will host its MENA Mergers 2018 forum in Dubai on 9 April.
04/02/2018
UAE re-exports trade tops $148bln in 2017
Re-exported goods include imports from abroad that go through customs