06/29/2016
Bahrain Liquidity Fund’s seed investors revealed
They have supported the initiatives from its initial stages, and invested equally in the Fund by a combination of cash and shares in kind.
Alternative Investments
06/29/2016
Banks hold back Saudi index as nearby markets tick higher
A note from Riyad Capital said that tight liquidity and pressure on deposits are among the biggest challenges facing the banking sector this year.
06/29/2016
Every Banker in the World Is Chasing the Saudi Aramco Deal
The kingdom is planning to sell hundreds of state assets to bolster its finances and reduce its dependence on oil.
06/29/2016
Bahrain Institute of Banking and Finance deputy director addresses banking gathering in Jeddah
A delegation discussed the latest developments and best practices for banking and finance education and training, as well as opportunities and initiatives to strengthen the unity of the council.
06/29/2016
Dubai Prime-Residential Market outperforms overall market in Q1 2016
The Dubai Marina emerged as the top-performing area with AED 578 million in sales, thus thwarting a further decline in a maturing market for specific localities.
06/29/2016
Fitch downgrades Bahrain's credit rating
Since oil prices began to slide two years ago, the kingdom has been hit with a string of ratings downgrades from all major international agencies.
06/29/2016
Dubai Financial Market Welcomes The Listing Of Afkar Capital’s Exchange-Traded Fund
The price limits of 15% up and 10% down are applied on the ETF units from the first day of listing.
06/29/2016
Cayan Signs Agreement with Bidaya Home Finance
This partnership with Bidaya is also an enabler of property ownership desires in Saudi Arabia.
06/29/2016
CI: Proposed merger of NBAD and First Gulf Bank to have favourable credit implications
Government support for the merged institution will continue to be strong even if the government of Abu Dhabi shareholding were to fall below 50 per cent.
06/29/2016
United Arab Emirates to Merge 2 Abu Dhabi Investment Funds
Both companies are owned by Abu Dhabi, the oil-rich capital of the seven-state Emirates federation, which includes the Gulf commercial hub of Dubai.
06/29/2016
Qannas Investments reports on 'challeging year'
It did trumpet the five investments it did make.
06/28/2016
Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout
The Bloomberg GCC 200 Index, a gauge of the biggest and most liquid stocks in the region, dropped 1.3 percent, the most in a month.
06/28/2016
Kuwait’s finance min expresses confidence in UK investments – Brexit vote unlikely to curtail Gulf appetite for British property
Kuwait owns London landmarks such as the More One riverside development which houses the headquarters of the mayor, as well as buildings in Canary Wharf.
06/28/2016
Billionaire investor hopes for fourth time lucky after Dubai setbacks
It is a celebratory milestone for the 60-plus-year-old, who has been eager to support the Dubai growth story but has suffered significant losses with no recourse.
06/28/2016
Should investors now be turning to EM bonds for real yield?
Financial markets in the developed world have been distorted by the effects of ultra-loose policy.
06/28/2016
British retail brands go big on promotions in UAE
They are aggressively offering promotions with an eye to clear stocks as pound dips
06/28/2016
Banks hold back Saudi as nearby markets tick higher
A note from Riyad Capital said that tight liquidity and pressure on deposits are among the biggest challenges facing the banking sector this year.
06/28/2016
Afkar Capital to launch first foreign ETF in Dubai
Afkar Capital, BNY Mellon and S&P all involved in ETF build and launch
06/28/2016
Visionary leadership key to Eastern Province’s economic transition
Its more than 700km of shoreline on the Arabian Gulf, in addition to its strategic location on the frontiers of Bahrain, Qatar, UAE, Oman, Kuwait, Iraq and Iran.
06/27/2016
What are the GCC region’s high margin industries?
Here's what regional industries can do to improve profitability