12/19/2016
Qatar's UDC, Commercial Bank ink $200mn deal to finance 'Al-Mutahidah Towers'
The project is expected to be completed in the fourth quarter of 2019
Alternative Investments
12/19/2016
Gulf Capital Closes Its Second Private Debt Fund Above its $250 Million Target
It is the Company’s 10th investment vehicle since its founding in 2006.
12/19/2016
Elaj Group achieves major step for growth after partially selling a stake in Al-Borg
It provides diagnostic tests primarily in the areas of clinical pathology, molecular biology and genetics through its diagnostic laboratory network across GCC and Africa.
12/18/2016
Saudi to boost the capital of its Industrial Development Fund
The added funding will help finance the kingdom’s entry into new industries
12/16/2016
Most markets fall after Fed rate hike; retail investors boost Saudi
This was no surprise to Gulf equity investors and banking system liquidity has actually shown signs of improving in parts of the region as oil prices have climbed.
12/15/2016
New Dubai projects boost realty outlook
An interesting aspect of the project is its vertical villas, an architectural concept gaining international popularity.
12/14/2016
Dubai's Meydan Group said to close $163m loan next week
Sources say developer will use the funds, arranged by Commercial Bank of Dubai, to finance a hotel project
12/14/2016
Dollar-hungry Turkey eyes Middle Eastern markets
As part of this drive to open up abroad and generate foreign exchange, the potential of Middle Eastern markets is remembered anew.
12/14/2016
CBB Sukuk Al-Ijara subscribed
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
12/14/2016
Luxury service apartments an alternative?
Dubai represents the highest stock of serviced apartment units with just over 29,000 keys, achieving 79% occupancy and $126 ADR levels in 2015.
12/12/2016
Emaar launches new luxury residential project in Jeddah
Jeddah Gate is an integrated master planned development with residential, commercial and hospitality projects
12/11/2016
Danube inks home finance deal with top Indian bank
This MoU is a statement of intent to give customers, a chance to apply for home loans at a rate of interest that is as low as 3.5 per cent per annum
12/09/2016
$460 million syndicated loan for Qatari developer Ezdan Holding
The proceeds of the facility are aimed at refinancing other maturing obligations and concurrently extend the maturity of Ezdan’s liability profile.
12/08/2016
Alkhabeer Capital best company to work for in Saudi financial sector
Our people are our most valuable asset, and they represent the driving force behind our continued robust performance
12/07/2016
Saudi Arabia switches OPEC tack with eye on world's top IPO
The pain of prices below $50 had become too much for the Arab world's largest economy.
12/07/2016
Sukuk crucial to diversifying investments: CMA vice chair
The two-day event was organized by CMA in collaboration with the World Bank, the Saudi Press Agency reported.
12/06/2016
Bahrain’s GFH Financial Group confirms restart of $700m Villamar project
The company said the restructuring deal would have a positive impact on its real estate project development firm Gulf Holding Company.
12/05/2016
Belarus invites Qatar to participate in investing in new and existing enterprises
As emphasised at the meeting, Qatar has become the leading investor in Belarus’ economy.
12/05/2016
Estera real estate team involved in largest property deal since Brexit
The group’s Jersey real estate team acted as majority directors for BL Development Limited
12/05/2016
Gulf Capital may sell some investments in 2017
Economies in the Gulf have been hurt by the slide in oil prices since the middle of 2014, which has hit spending by governments dependent on energy revenues and sapped consumer confidence.