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Alternative Investments

08/14/2023

Insurance House announces H1 2023 financial performance

IH registered a total comprehensive loss of AED 25.64 million in the first half of 2023

08/11/2023

Dubai house rents have jumped more than 20% so far in 2023

Total volume of residential transactions in the emirate reached 10,080 over the period

08/10/2023

SHUAA Capital delivers strong profitability in the first half of 2023

Net profit attributable to shareholders was AED 20 million

08/10/2023

Dubai's Emaar first-half profit surges 15% on higher sales

The company's founder credits strong return on investments with driving growth

08/09/2023

Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn

The city’s growth in the first quarter of 2023 significantly outpaced the growth rates of some of the most developed nations worldwide

08/09/2023

GCC wealth funds set to expand global presence on growing liquidity buffers

The region’s state-owned investors deployed $83bln of fresh capital in 2022

08/09/2023

Takaful Oman stays committed to sustained growth; records rise in profit and turnover

This transaction has resulted in the company becoming the Ominvest group subsidiary, one of the region's most prestigious and growing groups.

08/09/2023

Saudi Arabia drives MENA IPO activity with $900m proceeds in Q2: EY report

The second quarter of 2023 confirmed that MENA IPOs are not experiencing the downward trend witnessed globally.

08/08/2023

Saudi wealth fund takes $15.6bn hit from SoftBank and tech

The fund’s assets under management grew to $595.5bn from $527.8bn in 2021 despite the $15.6bn loss

08/08/2023

Union Insurance Company launches new individual health insurance solution

Variety of plans that offer local and global coverage at competitive rates

08/07/2023

Top investment and personal apartment areas in Dubai and Abu Dhabi

Most searched localities included Dubai Marina, Downtown Dubai, Palm Jumeirah and Al Furjan.

08/07/2023

Data Direct Group urges UAE private sector to hire more local talent

Top BPO organisation boasts good track record as government efforts for Emiratisation start bearing results

08/07/2023

Investment in Qatar’s realty market a great strategic move

The real estate firm recently signed a considerable number of agreements with major real estate players

08/04/2023

Metropolitan Group ranks sixth on the Best Workplaces in the Middle East list

Company’s outstanding corporate culture is recognised in the Medium category

08/03/2023

Dubai's Deyaar Q2 net profit surges on new handovers

The developer posted a 52% rise in revenue for the quarter

08/03/2023

UAE: Gold prices slip in Dubai, reaching nearly 3-week low

As the market opens on Thursday, the price of 24K gold is Dh234.25 per gram

08/03/2023

Gulf International Bank honoured for best API banking initiative by Global Finance Innovators Awards 2023

Developed by the GIB Wholesale Banking Group’s Global Transaction Banking team

08/03/2023

ADSS appoints Mahmoud Alkudsi as Senior Market Analyst

He combines expert knowledge of technical & fundamental analysis principles with acute insights into how market prices are affected by external factors

08/02/2023

UAE GDP records 3.8% growth in three months

The UAE’s GDP now stands at AED418.3 billion compared to the same period last year

08/02/2023

Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT

Given the heavy weight of the residential sector prices, it had a significant impact on the increase in this general index,” said GASTAT in the report.

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Oman’s finance and leasing sector supports economic diversification under Vision 2040

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