12/23/2014
Why Saudi Arabia may actually boost spending in 2015
At some point later on this week, the 2015 Saudi budget will be posted on the website of the Saudi Arabian Monetary Agency, the kingdom’s central bank.
Alternative Investments
12/22/2014
Kuwait Finance House auctions real estate fund properties
Kuwait Finance House has succeeded in selling the properties held by the Baitek Real Estate Fund, comprising 68 commercial and investment properties in a public auction.
12/22/2014
Tehran, Abu Dhabi to expand banking cooperation
Iran’s Melli (National) Bank CEO and the Head of Central Bank of the UAE met and discussed banking cooperation today.
12/21/2014
NetJets Europe strengthens focus on providing turnkey solutions to meet growing demand for private aviation services in the Middle East
Company to target high net worth and corporate customers in the UAE, Saudi Arabia, Qatar and Turkey
12/18/2014
Lebara Launches New MVNO Service in Middle East
Lebara, a leading European mobile telecoms operator for migrant communities, has today announced the launch of its MVNO service in the Kingdom of Saudi Arabia (KSA).
12/18/2014
Qatar fund invests $150 million in Flipkart
Middle East sovereign funds have been looking at India's e-commerce sector for a while.
12/18/2014
Flipkart Closes USD 150M in Funding from Qatar Investment Authority
QIA is a new investor in Flipkart, which valued the company at around USD 11 billion. It has also made investments in companies like Tiffany, Barclays, Credit Suisse and holds a USD 1.2 billion stake in Indian mobile phone carrier Bharti Airtel.
12/18/2014
Qatar Investment Authority picks up $150 Million stake in Flipkart
A new report in Times of India has now claimed that Qatar-based QIA has picked up a huge $150 Million stake in India’s largest ecommerce venture, Flipkart.
12/17/2014
WNS to Manage Trade Finance and Credit Operations for Commercial Bank of Dubai
WNS Limited , a leading provider of global Business Process Management (BPM) services, today announced its partnership with Commercial Bank of Dubai
12/17/2014
DP World wins 'Best Company for investor relations in the Middle East'
IR efforts recognized with three further accolades at the 6th Annual IR Conference and Awards Ceremony
12/17/2014
Macedonia seeks Saudi investment
Stressing the depth of trade relations between the two countries, Al-Zamil said the two parties should identify viable trade opportunities in the two countries.
12/17/2014
Investors criticise Egypt's handling of tourism industry
Tourism investors have criticised the ignorance of the Egyptian government's handling of the industry in the Sinai Peninsula, incuding Taba, Nuweiba and Dahab.
12/16/2014
BNY Mellon Appointed Delegate, Paying Agent For Dubai's DIFC Investments Sukuk
Bank of New York Mellon Corp. an investment management and investment services firm, Monday announced that it has been appointed delegate, principal paying agent, registrar and transfer agent for a Sukuk launched by DIFC Investments LLC.
12/16/2014
Restructuring in progress
Qatar's takaful (Islamic insurance) market is small compared with neighbouring countries such as Saudi Arabia and the UAE but has been in fast forward motion in view of its exponential economic growth in the last few years.
12/15/2014
QNB signs partnership agreement with Savills
Commenting on the partnership, Heba Al-Tamimi, General Manager Retail at QNB Group, said: “A reliable and expert real estate advisory service is what the affluent investor expects.
12/15/2014
Doha Bank CEO honoured with ‘ABLF Business Economist Award’
Doha Bank Group CEO Dr R Seetharaman has received the Asia Business Leadership Forum “Business Economist Award” during the ABLF Leadership Weekend 2014 held from December 13 to 14 at the Armani Hotel in Burj Khalifa, Dubai.
12/15/2014
Dubai Investments Looks to Cash In On Growth
Dubai Investments plans to exit some of its businesses as Dubai’s economy accelerates at the fastest pace since 2007
12/14/2014
Gulf Capital to help Amana Healthcare with expansion
The investment has been made with a view to either divestment or an IPO in the future, said Mr Cherif, giving no details as to the timings of such a move.
12/12/2014
Qatar firm buys 50% of legendary London hotel
Katara Hospitality Co purchased its share of the hotel, formally known as Fairmont Hotel
12/12/2014
Region's finest talent in accountancy and finance recognised
The region's best and brightest in accountancy and finance were celebrated last night at the fourth annual Middle East Accountancy & Finance Excellence Awards.