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Alternative Investments

12/07/2023

UAE planning to develop a national investment strategy -minister

He was speaking at a conference in Abu Dhabi

12/07/2023

Saudi Q3 GDP shrinks 4.4% y/y - gov't data

Government data showed on Thursday

12/05/2023

QIC launches three months free insurance promotion

With this offer, every new customer who purchases a comprehensive car policy will benefit from a 12-month full insurance coverage f

12/01/2023

Saudi Arabia’s PIF to buy 10% stake in Heathrow Airport

PIF said that the transaction is still subject to regulatory approvals.

12/01/2023

Qatar’s industrial sector offers several opportunities

Made in Qatar 2023 exhibition is a good opportunity for companies to promote Qatari products.

11/28/2023

Property transactions too come under 'UAE Pass' registration as authorities push full transparency

For property owners having businesses, this will have corporate tax aspects too

11/24/2023

Dubai’s investment arm ICD posts $7.7bln net profit on tourism boom, high interest rates

Net profit for first half of the year up by 91%, supported by strong revenues

11/23/2023

QSE remains almost flat despite profit booking pressure

The Arab individuals’ weakened net buying had its say in the main market, which regained from an intraday low of 10,189 points.

11/20/2023

Dubai penthouse sold for $136mln

Here's what makes it the most expensive residential property ever

11/20/2023

Veteran investor Mark Mobius to start new venture in Dubai – Bloomberg

New venture is still in the ‘negotiating stage’

11/16/2023

Value of UAE, Saudi sustainable-linked bonds issuances hit $16.1bln in 9M 2023

Green bonds are expected to continue driving regional issuance over the next 3 to 5 years

11/16/2023

Saudi welcomes first hybrid and EV maintenance network with Petromin EV auto care

This pioneering initiative, in line with the Kingdom's 2030 goals, marked a significant step toward sustainable transportation solutions

11/15/2023

Dubai Investments reports net profit of AED 817.02mln for the nine-month period ended September 30, 2023

Total Income for the period was AED 3.00 billion

11/14/2023

Dubai property prices could slightly reverse in 12-18 months: S&P

Stronger cash generation bolsters liquidity and credit metrics of Dubai developers

11/10/2023

Emaar nine-month net profit sees 43% hike bolstered by property sales

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

11/10/2023

Oman's public revenues reach OMR8.8 billion by 3Q 2023

Current revenue by the end of the 3rd quarter of 2023 slightly increased

11/09/2023

IHC’s quarterly revenue reaches Dhs14.2bn

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

11/08/2023

Saudi Arabia dominates MENA IPO activity in Q3, raises $330mln from 5 listings: EY

The IPO pipeline for Q4 2023 and into 2024 remains 'promising'

11/08/2023

Abu Dhabi publishing firm completes Dhs623m SPAC merger with ADC

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction

11/08/2023

Dubai Investments raises stake in UK digital bank Monument to 16.93%

Its holding in Monument rises to 16.93% as DI doubles down in financial services space

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