04/20/2018
Ambit CEO Ashok Wadhwa to buy QInvest stake in the group
Ambit Capital CEO Saurabh Mukherjea has decided to leave the company between July and September and start his own business
Alternative Investments
04/20/2018
Pakistan to launch National Savings bond in Gulf states
The government has granted permission to Central Directorate of National Savings (CDNS) for launching saving certificate bond within the current fiscal year
04/19/2018
SIB and Damac Properties list multi-million sukuks on Nasdaq Dubai
Two other Sukuk issued by SIB are currently admitted to trading on Nasdaq Dubai.
04/19/2018
Aldar, FAB sign escrow agreement for Alghadeer
The 14,408-home Alghadeer masterplan includes villas, townhouses, and apartments.
04/19/2018
Nasdaq Dubai welcomes SIB, Damac sukuk listings
Damac Properties delivers residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and Oman as well as the UK.
04/18/2018
Kuwait Finance House Bahrain Hosts Annual Staff Gathering
The event was concluded with dinner and staff entertainment activities including Raffle Draws on various gifts, as well as a Grand Raffle Draw.
04/18/2018
$260bn investment needed to meet Mena electricity demand
Its latest research report, which this month focuses on the regional power sector, says in the GCC
04/18/2018
Abraaj offers to resign as manager of $1bn healthcare fund - report
The private equity firm has faced questions from investors about how their money was used
04/18/2018
Global investors to convene in Bahrain to unlock GCC opportunities
Gateway Gulf, will bring together a select group of 500 global investors and CEOs, to be held in Manama, 8-10 May 2018
04/17/2018
Mega-developer gives his picks for biggest growth opportunities in Abu Dhabi
United Arab Emirates (UAE) real estate developer Aldar Properties was founded in 2005 and is now among the largest developers in the emirate.
04/17/2018
Aldar plans Dh10bn Alghadeer extension near Dubai border
First phase of ‘super-affordable’ community comprises 611 homes on the Dubai-Abu Dhabi border
04/17/2018
Tel Aviv Bourse Sells 19.9% Stake to Manikay Partners
“The Israeli public should benefit from the success and growth of the Israeli economy,” Ben-Zeev said in a statement announcing the sale plans.
04/17/2018
Tamouh completes towers project in Abu Dhabi
Horizon Towers project, including construction and completion, was overseen by Trojan General Contracting
04/16/2018
Economists say early retirement bill will have negative consequences
This in turn will delay the development plans.
04/16/2018
Top 100 CEOs in the Middle East honored
The winners of the ‘Top CEO Awards’ stand as role models to all members of the region’s business community.
04/16/2018
Gulf investors seek exit opportunity from Pakistan’s banking industry
The group’s other investments in Pakistan include Wateen Telecom, an internet and communications infrastructure company, and Taavun, a real estate developer.
04/15/2018
UAE trading activity slows down as Tadawul rises
Traded value in Dubai has tumbled by 90% to Dh150m but Tadawul traded value jumps 30% to 4b Saudi riyals
04/15/2018
Tel Aviv University Launches $20 Million Early Stage Venture Fund
The fund will manage $20 million, said one person familiar with the matter who spoke with Calcalist on conditions of anonymity.
04/13/2018
World Bank lauds Qatar for assisting countries in projects
The investment incentives and economic diversification strategy adopted by Qatar to achieve Qatar National Vision 2030 were discussed.
04/13/2018
Qatar to mark comeback with $12 billion international bond
Saudi Arabia launched a rival $11 billion bond during the same week, in a move seen as an attempt to absorb demand from the market and force Qatar to offer higher yields to attract interest.