07/19/2016
Harbinger of hope – Qatar Investment Authority's purchase of Asia Square Tower One
In addition to Asia Square Tower One, BlackRock also owns Asia Square Tower Two, which is located on an adjoining plot.
Alternative Investments
07/19/2016
Mideast Stocks-Gulf may have firm tone; bank earnings are mixed
Samba Financial Group reported a 1.4 percent drop in quarterly profit that was in line with forecasts.
07/19/2016
Emirates NBD says reduced impairments helped lift profit in first half of the year
An average of forecasts from four analysts had predicted the bank would make a net profit of Dh1.8bn for the quarter.
07/18/2016
Gulf stocks benefit from EM inflows ahead of stimulus moves
The first slew of second quarter earnings also lifted Gulf investor confidence, bucking expectations of corporate weakness this period because of low oil prices.
07/18/2016
Libya investment bodies eye unity like oil authorities
The agreement by the rival NOC leaders to unify their ranks is expected to boost Libya's vital oil industry, ravaged by years of conflict.
07/18/2016
GCC Investors Halt Capital Flow Into UK Real Estate
Foreign capital flows into UK real estate stopped in Q-1 of the year, Bank of England Governor Mark Carney said in April on anticipation of the Brexit event.
07/14/2016
Kuwait open to coordinating with Saudi Arabia on competing bonds
The plunge in crude is driving bond sales across the six-nation Gulf block as governments seek to plug budget deficits
07/13/2016
Back to business: Iran, a new emerging market
The critical question is how the overall market has changed since those sanctions were imposed.
07/13/2016
Gulf bourses end higher on oil prices; Egypt stocks down on profit-taking
Saudi Arabia’s index advanced for a third day since it resumed trading after the Eid al-Fitr holiday.
07/13/2016
Al Tamimi advises DFM on three rights issues
This is the first new issue of shares in the UAE to have such an underwriting arrangement.
07/13/2016
Finansbank acquisition helps lift quarterly profits at Qatar National Bank
For the first six months of 2016, the bank's net profit rose 12 percent from a year earlier to 6.2 billion riyals
07/13/2016
The world’s 10 biggest sovereign wealth funds
A drop in oil prices this year suggests that oil-funded SWFs are under pressure
07/12/2016
Societe Generale awarded Best Islamic Finance Deal of the Year accolade for Jazan Air Separation for Jazan Air Separation Unit financing
Societe Generale has been active in the Middle East since 1997
07/12/2016
Dubai, Abu Dhabi house prices ‘down 4-6%’
Apartment and villa prices lower in the second quarter compared to same time last year – report
07/12/2016
Deposit decline begins to hurt Saudi banking sector liquidity
Funding costs seen rising as loans to deposits ratio rises
07/12/2016
Dubai’s Residential Real Estate Market: Risks And Rewards
Recent declines in residential sales prices are, in some instances, leading to deferred investment activity as investors hold out for anticipated lower prices.
07/11/2016
DFM wins Global Finance's "Best Stock Exchange for Shariah-Compliant Listings" Award
His Excellency Essa Kazim: "This recognition underlines DFM's position as the first Shariah compliant exchange and Dubai's successes as the Capital of Islamic Economy globally"
07/08/2016
Six UAE and global business stories to keep an eye on this year
Whether the Federal Reserve pulls the trigger or not hinges on how the global economy is performing.
07/08/2016
Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion
The 3 hotels include Grosvenor House, New York Plaza and Dream Downtown in New York.
07/08/2016
ICC Qatar holds banking workshop in Doha
Representatives from bank, export and important companies, law firms, investment houses, ministries and the Qatar Stock Exchange attended the event.