05/03/2017
Dubai Group requests haircut from creditors to settle debt early
In the last few days the company offered creditors around 29 cents on the dollar in return for an early settlement of debt maturing in 2024
Alternative Investments
05/02/2017
GFH posts net profit of $32 m in Q1 2017
GFH’s total consolidated income for the quarter increased by 75% to $51.08 million as compared to $29.17 million in 2016.
05/01/2017
Arab Bank Group reports first quarter 2017 net profits of $ 218.2 million
Customer deposits stood at $33 billion whilst the loans and advances increased by 3 % to reach $24.4 billion.
04/30/2017
ABK reports first quarter Net Profit of KD 8.5 Million
Operating profits also grew by 7.3 percent to KD 23.7 million
04/27/2017
Record issuance marks GCC’s shift toward bonds from loans
It is also changing the behavior of investors in the bond market, which has long been led by local banks that buy the bonds to hold them until maturity rather than trading them.
04/26/2017
Middle Eastern property investments draw mixed reaction
Gulf interest has raised concerns in central and eastern Europe
04/26/2017
Record issuance marks Gulf's shift towards bonds from loans
It is also changing the behaviour of investors in the bond market.
04/26/2017
Record issuance marks Gulf’s shift toward bonds from loans
It is also changing the behavior of investors in the bond market, which has long been led by local banks that buy the bonds to hold them until maturity rather than trading them.
04/26/2017
Arabtec leads gains on Dubai stock market
Shares in Arabtec Holding led gains, closing up about 4.2 per cent at 90 fils, their highest level in a week.
04/25/2017
Gulf Royal-Backed Samena to Raise $700 Million
The Middle East still has some challenges ahead due to lower oil prices.
04/25/2017
Turkey's Ziraat Bank markets 5-yr dollar bond in 5.5 percent area
Regulation S senior and unsecured deal is expected to be of benchmark size.
04/25/2017
Insurance sector lifts Saudi bourse
Average analyst expectations were a net loss of SR69.39 million.
04/25/2017
Traders focus on banks and Aldar in Abu Dhabi stocks
The focus remains on banks and Aldar Properties.
04/25/2017
Dubai, Qatar resilient despite some weak Q1 results, Saudi slips
Closed flat as some losses were offset by gains in the two telecommunications companies.
04/25/2017
Damac to open two ultra luxury hotels in Dubai
The central feature of the courtyard at Damac Maison Bay’s Edge is the temperature-controlled swimming pool where guests can relax and rejuvenate.
04/24/2017
Trophy assets lose lustre as Qatar embraces prudence and ETFs
Qatar Investment Authority is latest high-profile convert to passive investments
04/24/2017
Guy Hands' Terra Firma sells aircraft leasing investment to Dubai-based rival
Awas was formed in 2006 when Terra Firma and CPPIB bought the underlying business and later snapped up rival Pegasis in 2007.
04/24/2017
Oman said to follow Abu Dhabi with SWF merger plan
Sources say sultanate is considering a merger of its two main sovereign wealth funds amid a slump in oil prices
04/23/2017
QIB-UK finances buy-to-live property deals in London
QIB-UK’s in-house property specialists, who have a long experience in the London property market and an in-depth knowledge of the current market trends, will be dedicated to support finding the right property quickly and conveniently
04/23/2017
Bahrain's Bin Faqeeh joins TLN Qatar
International body provides us with a great opportunity to be closer to investors and potential clients coming from across the region.