08/24/2016
UAE India Economic Forum focus to step up ties
According to a recent report on economic and trade relations between the UAE and India, India is considered to be the UAE’s primary trade partner
Alternative Investments
08/24/2016
Business Outlook: Saudi Market and Investors
The public’s confidence in the market is yet to be restored.
08/23/2016
Piramal invests Rs150 crore in Smaaash Entertainment
Smaaash, which has five gaming arcades, will use the funds to enter new markets in India and abroad
08/23/2016
Dubai index extends losses as investors take money off table
Out of a total of 33 stocks traded on the exchange, the shares of 21 companies fell, while those of six others rose.
08/23/2016
New Dubai theme park eyes 4.5m visitors in first year
IMG Worlds of Adventure, which opens on August 31, aims to be a major draw for tourists from countries that don’t have large-scale theme parks
08/23/2016
KSE stocks edge lower amid selling pressure
Stocks of the transport, financial services and insurance’s sectors were in the green zone, amid selective trades on shares of the other sectors.
08/23/2016
UAE offers $1 billion financial deposit to Egypt
As well as recognition of Egypt's central role in the region, according to UAE News Agency.
08/23/2016
Damac signs £200m deal with Lendlease to build Versace-designed Aykon London One residential tower
Move indicates confidence in the economy post Brexit
08/22/2016
Arabian Gulf markets remain quiet amid oil’s return to $50 mark
Saudi shares started the day positively, but the Tadawul index eventually gave up gains to end 0.2 per cent lower.
08/22/2016
ETF take-up rockets as fund managers favour low-cost liquidity
Investment managers have increased their use of exchange-traded funds to get into hard-to-reach markets or replace complex derivatives.
08/22/2016
ACWA Power increases credit facility to $159.9m
The facility used a Sharia compliant murabaha structure, the statement said.
08/22/2016
Investors’ choice widens with Nasdaq Dubai’s futures contract
This would widen the choice for investors who just depend on cash market as of now.
08/22/2016
Saudi Arabia is ‘1st foreign venue’ for Made in Qatar
The focus of the exhibition, he said, will be on Qatari-made goods, particularly up-and-coming products that can be introduced to new markets.
08/22/2016
Nakheel Repays $1.2 Billion Bond, Ending Dubai Debt Saga
The securities, which have a profit rate of 10 percent, were issued to contractors and suppliers in 2011 as part of a plan to reorganize more than $16 billion of liabilities.
08/19/2016
Waha Capital refinances $500m loan with 12 banks
Lenders include local, regional and international players
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.