11/16/2016
Global reports KWD8.9 million fee revenues, KWD1.6 million net profit for 9M 2016
During 9M 2016, the Asset Management business remained resilient with KWD1.0 billion of assets under management.
Alternative Investments
11/16/2016
World’s Largest Lender ICBC Joins Dubai DGCX as a Settlement Bank
ICBC is the second Chinese bank to be appointed as a settlement bank and will operate through its Abu Dhabi
11/16/2016
Abu Dhabi Said to Mull More Bank Mergers After NBAD-FGB Deal
No final decision has been taken and the emirate may not pursue the mergers, they said.
11/15/2016
CMA collaborates with WB in holding sukuk conference
It will discuss the role of debt markets in supporting the economic growth in addition to other several topics discussed in five sessions.
11/14/2016
Bahrain's Investcorp eyes $100 billion assets target
Investcorp plans talks with Abu Dhabi's ADIA to see if it can broaden its investor base
11/14/2016
BIBF wins Middle East Insurance Industry Award 2016
The Centre for Insurance at the BIBF has supplied the regional insurance industry with skilled, qualified human capital
11/11/2016
Egypt issues $4 bln private bond placement, mulls Eurobond delay
It expects this week to clinch final approval for a $12 billion three-year loan from the International Monetary Fund to support an ambitious programme of economic reforms.
11/11/2016
Astad unveils plans for regional expansion in Gulf area
Astad regional expansion is a fully integrated project and asset management firm with a portfolio of projects that reflect our teams’ innovation
11/10/2016
Saudi Arabia approves overseas labour offices
Millions of expatriate workers are based in the kingdom, many working in the construction sector.
11/10/2016
Emaar Properties records 19% growth in net profit to AED 3.620 billion (US$ 986 million) in 9-months of 2016
This accounts for 15 per cent of the total revenue.
11/09/2016
Ominvest to establish leading investment-banking platform
Ominvest aims to further diversify its revenue base to enhance stability and growth and help mitigate downside risks
11/09/2016
Why Manchester is rivalling London buy to let investment
Manchester is also becoming a tourism hotspot for travelers from the Middle East
11/09/2016
Saudi investors to the fore for Dubai luxury golf project
A top luxury Dubai golf community is hoping for sales to Saudi investors
11/09/2016
Kuwaiti property sales slip 27% in Q3
Slow activity is in line with increased utility prices and pressure on the government budget
11/09/2016
Saudi Oger seeks payment freeze on $3.5 billion local bank debt - sources
A standstill agreement allows troubled companies to suspend payments to creditors and halts any attempts to pursue legal action for reimbursement
11/09/2016
Dubai South readies for VIP Terminal opening with ad sales partnership November 8, 2016
Dubai South’s VIP Terminal within the Aviation District will be the world’s first and only seven-star private aviation hub
11/09/2016
Cityscape joins Top Expo group to launch
Kuwait Real Estate & Investment Exhibition and Kuwait International Property Show will be the largest real estate events ever held in the country
11/08/2016
Dubai property market remains 'challenging', says Damac chairman
2016 will be remembered as year of market turmoil, macroeconomic pressures
11/08/2016
Saudi Arabia to hike municipal fees Qatar raises govt salaries
Gas-rich Qatar is the wealthiest country in the world per capita and its roughly 300,000 citizens enjoy free healthcare and education.
11/08/2016
KFIC Report on Global, GCC Markets Gulf equities buoyant amid bearish trends across world
The indicators were closely watched not only for what they might say about the health of the Eurozone economy.