11/14/2022
Kuwaiti artificial island to attract 400 development projects
Saji Island will feature food trucks, booths, exhibition areas and a viewing screen
Alternative Investments
11/11/2022
GFH reports net profit attributable to shareholders of $66.24mln for first nine months of 2022
The Group reported net profit attributable to shareholders of US$24.06 million for the third quarter of the year
11/11/2022
Abu Dhabi ADNOC Distribution's Q3 net profit climbs 45% to $209mln
On a sequential quarter basis, net profit came in 14% lower
11/10/2022
Dubai to build world's tallest residential skyscraper
New hypertower with diamond-shaped spires comprises over 100 stories, featuring lavish two-bedroom and three-bedroom residences
11/10/2022
Qatar's QIA deposits $1bln in Egypt's central bank - report
The Qatari sovereign wealth fund oversees and estimated $445 billion in assets.
11/10/2022
UAE unemployment insurance mandatory from next year, announces ministry
Employees of private sector companies and federal government departments can subscribe to the scheme from as low as Dh5 per month
11/09/2022
Dubai’s non-oil sector adds jobs as business activity expands in October
Firms saw cost pressures ease for the second time in the past three months
11/09/2022
Kenya secures Sh3.6 trillion in investments at Egypt summit
Kenya is providing the leadership for Africa to be front and centre of the solutions to the challenge of climate change and not just a victim.
11/09/2022
Agthia Q3 revenue grows 20% to $260mln
Group EBITDA increased 23% year-on-year
11/09/2022
Dubai’s Nakheel secures financing worth $4.6bn to drive growth
The funding will be deployed to develop Dubai Islands and other waterfront projects
11/08/2022
Aliph Capital appoints Apex Group for fund services
Apex Group will deliver timely, accurate and independent Fund Administration services to Aliph Capital, providing financial information, multi-currency transaction processing and flexible valuation periods.
11/08/2022
Kuwaiti investors are second biggest purchasers of Turkey real estate
Tourism in Turkey has seen strong investments with 246,000 people visiting the country from Kuwait last year
11/07/2022
Kuwait Starts Commercial Operations at New Al-Zour Mega-Refinery
The second and third phases of the refinery will follow, until full capacity is reached, Waleed Al-Bader, acting chief executive of Kuwait Integrated Petroleum Industries Co., told KUNA.
11/07/2022
Ahmed Boshnak on Bain's growth and culture in Saudi Arabia
The culture makes all the difference. At Bain, we are guided by ‘True North’ and adhere to a set of core principles: cultivating a passion for results, adopting a practical approach, working as one global team, and supporting diversity.
11/04/2022
Dubai records over $653mln in realty transactions on Thursday
The sales included 769 villas and apartments
11/04/2022
General Pension and Social Security Authority approves draft annual budget for 2023
GPSSA's statistics for October 2022 indicate an increase in the number of employers registered with it to 8,080, as compared to 7,149 employers in October 2021
11/02/2022
Dubai office rents likely to rise in ‘double digits’ over next 12 months
Demand is outpacing supply significantly, says JLL head of research
11/02/2022
e& reports consolidated net profit of $680mln for Q3 2022, up 1.9%
At constant exchange rates, revenue increased by 5.5%
11/02/2022
Bahrain attracts $72.7m worth of investment in financial services
The financial services investments are expected to generate over 840 jobs over the next three years
11/02/2022
Saudi Aramco makes second highest profit on surging oil prices
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations