08/19/2016
Waha Capital refinances $500m loan with 12 banks
Lenders include local, regional and international players
Alternative Investments
08/19/2016
Abu Dhabi's NBAD to launch MidEast's first green bond -sources
Benchmark-sized generally means at least $500 million. An NBAD spokesman declined to comment.
08/19/2016
Dubai Financial Market Secures New Margin Trading Member
DFM is currently processing similar applications from other brokerage.
08/19/2016
Oil slips on the expectation of record Saudi output
Traders said the price dip was due to profit-taking following a strong rally in August, and as traders priced in the prospect of another production record from top exporter Saudi Arabia.
08/19/2016
Qatar First Bank development in London
The houses boast 3.5m floor-to-ceiling heights throughout the first floor, restored windows with French shutters and private terraces.
08/19/2016
JPMorgan adds sukuk to emerging markets indices
The move could help sukuk break away from their traditional buy-and-hold investor base.
08/18/2016
Aldar Properties presents the Aldar Innovation Lab at Yas Island's 'The District'
Abu Dhabi's leading real estate developer sponsors major summer installation for capital's youth
08/18/2016
Saudi Arabia, other issuers gear up as Gulf bond crush looms
Saudi Arabia, its finances strained by low oil prices, is expected to make its market debut in September.
08/18/2016
Al Meera ranked among GCC’s 30 ‘most valuable non-banking companies’
Al Meera’s achievement follows the company’s disclosure of its semi-annual financial statements for the first six months of 2016, in which it announced a 10.6% increase in sales to QR1.35bn over QR1.22bn in 2015.
08/18/2016
Malaysia sees strong economic ties with the UAE
No impact on bilateral relationship due to Ipic dispute with 1MDB
08/17/2016
KAMCO logs KD 724,000 H1 profit – Revenue jumps 58 pct to KD 3.8 million
KAMCO maintained its leadership position in publicly announced debt market issuances in Kuwait
08/16/2016
Gulf markets diverge; Egypt settles at 14-month high
The Gulf’s only listed exchange, Dubai Financial Market, gained 3.8% in its heaviest trade since May 3.
08/15/2016
Shuaa Capital losses lead to ‘rigorous cost controls’ and cuts Dania Saadi
Net losses in the three months to June 30 reached Dh50.8m, compared with a net profit of Dh1.7m in the same period a year ago, the company said.
08/15/2016
Brexit: UK property market lures more Qataris
It’s a great time to invest in UK’s real estate market.
08/15/2016
UK property inquiries from Qatar, Middle East up 25% after Brexit: DTZ
On the pound devaluating further, Kaur said "further depreciation" of the British pound would depend on future policies and decisions by the government.
08/15/2016
Dubai Financial Group sells 11.8% stake in EFG-Hermes to Natixis
No value for the stake was disclosed. However, based on the bank’s current market capitalisation, the stake would be worth $108 million.
08/15/2016
Taqa Debt Beats Middle East as Abu Dhabi Utility Mulls Bond Sale
Taqa’s bonds may be outperforming as investors speculate the Abu Dhabi government may step in and help.
08/12/2016
Bahrain's Mumtalakat buys stake in UK water treatment firm
Acquisition through a joint investment syndicate
08/12/2016
Bahrain's Investcorp eyes new global investments in 2017
Goal to more than double its assets under management
08/12/2016
UK peer-to-peer lender is looking for investors from the UAE
The average investment for an individual is just short of £5,000.