07/27/2016
Phase 1 of Damac's Akoya Imagine villas sold out
The sales event for phase 2 will be held for only one day at Jumeirah Emirates Towers in Dubai on July 30 from 2pm till 10pm on a first-come-first-served basis.
Alternative Investments
07/27/2016
BAB holds forum on financing mega projects
He explained that such policy was the result of the decline in oil prices and the subsequent rationalisation of government spending.
07/27/2016
Gulf markets slip as Saudi hit by poor Q2 earnings
The firm posted a quarterly net profit of 104mn riyals, beating analysts’ forecasts for a net loss of 1.2mn riyals and ending a run of five straight losses, although sales fell.
07/26/2016
UAE Rebounds, Bank weigh on Saudi
Sahara also said profit jumped because some of its plants experienced scheduled shut-downs in the year-earlier period.
07/26/2016
Economic downturn bites businesses in Dubai
Abandoned cars at the airport show impact of slump in crude oil prices on the Gulf state
07/26/2016
ADX and ADGM to boost financial services in Abu Dhabi
ADX and ADGM will jointly explore and develop financial products and services that will further boost the economic growth and investment sector of Abu Dhabi.
07/26/2016
19% increase in industrial investments compared to last year
This year 1,304 approvals for investment projects were granted in comparison to 1,099 approvals in 2015
07/26/2016
Remittances from Qatar up in 2016 first half
The most number of transactions during this period came from India.
07/25/2016
How GCC companies can avoid growth traps
There are three ways to build capabilities in-house, by acquisition or through partnerships.
07/25/2016
ADIB: Dubai real estate values remain stable with robust demand for quality developments
Residential sales prices in Dubai remained stable during the second quarter of 2016
07/25/2016
PROPERTY Saudi property sales ‘down more than 50%’
Sharp decline in market as investors wait for prices to drop due to new tax on undeveloped land – report
07/25/2016
Aldar Properties eyes Al Ain as key growth market
The Mall will be expanded to include some of the world's leading retailers. The expansion project is set to be completed in 2018.
07/25/2016
Cityscape to expand portfolio in to India early next year
Cityscape India takes place at a pertinent time for Indian investors; according to Dubai Land Department (DLD)
07/22/2016
DPI to provide about $34 mln to Egyptian retailer B.TECH
Sales are supported by B.TECH’s market leading instalment payment system which has served over 700,000 Egyptians to date.
07/22/2016
Full foreign ownership in Bahrain good for realty market
Gulf state approves new law allowing foreigners to own 100 per cent of businesses in various sectors
07/22/2016
Qatar 'most active' in debt capital markets
Middle Eastern debt issuance reached $32.9bn during the first six months of this year, it said.
07/21/2016
Understanding blockchain and its growing importance in the UAE
It’s an application that has other applications build on top of it, like Whatsapp, Facebook or Google Chrome.
07/21/2016
Why many UAE expats can’t afford to buy property
Property analysts discuss the reasons why majority of population are still renting
07/21/2016
Middle East Stocks Mixed, Qatar and Saudi Arabia Weighed by Disappointing Corporate Results
In other company news, Saudi Hollandi Bank said net profit was flat at 540 million riyals, beating the average analyst forecast of 508 million riyals.
07/21/2016
Moody's: Rising emerging market debt increases risks; Middle East and Africa least vulnerable
Debt is now growing faster than GDP and faster than foreign exchange reserves for many of these countries.