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.
Alternative Investments
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.
08/11/2016
Doha Bank wins ‘Qatar Domestic Trade Finance Bank of the Year’ award
Doha Bank said its pioneering role in trade finance services has earned regional and international repute for over 33 years.
08/11/2016
Sharjah reports $3.3bn in real estate transactions in H1
The month witnessed a 114% increase in the total volume of real estate trading, returning a figure of AED3.4 billion compared with AED1.6 billion in the same month in 2015.
08/11/2016
Starting up in Dubai: your questions answered
Another initiative, Dubai Startup Hub, launched in collaboration with IBM, offers comprehensive information on Dubai’s start-up scene through an online platform.
08/11/2016
GCC Equity Fund Attracts EU Investors
The hurdles investors face investing in the region and what he finds attractive in Saudi Arabia and the U.A.E.
08/11/2016
Bank Hapoalim Announces Second Quarter 2016 Financial Results
Credit to Small Businesses in Israel totaled NIS 26.7 billion compared with NIS 25.5 billion at the end of 2015, an increase of 4.8%.
08/10/2016
Oxford Business Group announces team for new Sharjah report
There will also be coverage of Sharjah's efforts to enhance its business environment.
08/10/2016
Mideast Stocks-Qatar up on emerging fund inflows, Gulf slightly higher
Doha's main index rose 0.7 percent as 11 of the 12 Qatari shares that are members of the MSCI emerging market index advanced.
08/10/2016
Successful start-ups help QBIC generate QR6mn revenue
QBIC offers training, mentorship, networking and investment opportunities, as well as legal advice and two years of rent-free office space.
08/10/2016
Turkish Sovereign Wealth Fund expected to be among world top 20
The government has goals to boost Turkey's economic growth by an additional 1.5 percent in the next 10 years with the new fund.
08/10/2016
Ominvest Posts Group Net Profit of RO17MN
Ominvest’s banking subsidiary, Oman Arab Bank, posted a decline in profit, to RO11.5mn in the first half of 2016 from RO15.9mn a year earlier.
08/10/2016
Forbes Middle East unveils the most promising startups in Egypt
These startups were inspired by entrepreneurs who have used social media and technology to their full advantage.
08/10/2016
China set to choose yuan clearing bank for UAE by end of year
A clearing bank in the UAE could have a big impact on trade and investment in the Gulf
08/09/2016
Deyaar announces $30.2 million in net profit for first half of 2016
The company will continue to strive to deliver the best in real estate.
08/08/2016
Abu Dhabi and Dubai markets up in early trade
Emerging-market stocks rose to the strongest level in a year last week
08/08/2016
Six GCC firms on BCG’s '100 Global Challengers' list
They have managed to maintain higher gross margins and revenue compound annual growth rate than many emerging markets such as Latin America and Africa, added the report.