06/29/2017
Turkish stocks enjoy record close as bank stocks surge
BIST 100 index jumps 0.98 pct to close at 100,617.69 points.
Alternative Investments
06/29/2017
Investment Should Be The Growth Driver For Egypt’s Economy
The government estimates tax revenue at EGP 604 billion up from EGP 458 billion in 2016/17.
06/29/2017
How Saudi Arabia boosted Gulf IPOs
The largest regional offering in quarter was by Investment Holding Group, which raised $138 million.
06/29/2017
Banking shares fall, bucking global trend in UAE, Kuwait
Real estate-related shares most active in Dubai
06/28/2017
Kuwait's KFH honors Imams at the state's Grand Mosque
The concerned parties and to organizers in recognition of their efforts in organizing prayers and offering the best services to worshippers.
06/28/2017
Credit Bank fire-caused losses more than USD 6 mln -- director
The fire, losses of which were estimated at five percent of the project value, caused no injuries, he said, lauding the extraordinary efforts by the Kuwaiti firemen who doused the flames.
06/27/2017
German newspaper reveals secret FIFA report into Qatar 2022 corruption allegations
After repeated claims about corruption in the run-up to those votes, FIFA asked its then-chief ethics investigator Michael Garcia to compile a report into the bidding nations for both World Cup, which he produced in 2014.
06/27/2017
Dubai property prices down 20% on end-2015
PropertyFinder said the pace of rental and sales price declines was slowing despite the 18-month slide in values
06/26/2017
Saudi business cheers leadership shift, frets over reforms
The Saudi stock market jumped 7 per cent in the two days after Mohammed bin Salman was appointed
06/22/2017
Dubai keen to invest in Myanmar gold
We will report this matter to our union minister.
06/22/2017
Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam
Al Balushi said the scam was the first case of investment fund fraud in the Emirate for five years.
06/20/2017
Qatari FM: Willing to talk with Gulf states, but...
Qatari Foreign Minister says his country is ready to engage with Gulf states, but they must reverse their sanctions.
06/20/2017
Northern Trust Survey: Surge in Demand Shows Transparency is Key to Success for Alts Investing
Responsibility for Ensuring Transparency is in Flux
06/19/2017
Businesses begin to feel the heat of Qatar's isolation
Commercial costs are rising and banks are pulling money out of the peninsula state as the row with Gulf neighbours continues.
06/18/2017
Venture capital investment gains popularity as an asset class
The UAE saw the highest levels of VC activity in the region last year
06/18/2017
Mena private equity industry faces fund-raising challenges
Conditions remain challenging due to economic headwinds and geopolitical factors
06/18/2017
Pure Harvest announces advisory board appointments and $4.5 million venture fundraising
Pure Harvest Smart Farms (“Pure Harvest” or the “Company”), a tech-enabled arid climate agribusiness has announced new appointments to its advisory board to assist the management team in its growth strategy.
06/18/2017
Abu Dhabi Securities Exchange distributed $6billion cash dividends in H1 2016
ADX has provided multiple and easy channels to accomplish this.
06/18/2017
Saudi Arabia’s public finances seen stabilising by 2020
Fiscal targets are likely to be missed but consolidation set to narrow imbalances
06/17/2017
UAE ranks high in Global Innovation Index 2017
Jumping six places from last year’s 41st position, the emirates has achieved one of the highest growth rates among top tier innovative countries.