10/06/2022
QSE benchmark edges down amid selling pressure
Trade turnover and volumes were on the decrease in both the main and venture markets.
Alternative Investments
10/06/2022
Investopia partners discuss investment opportunities in ME region
The session was attended by Investopia partners, such as Crypto.com, BlackRock, IFC, and Sharjah FDI Office
10/05/2022
UAE non-oil economy strengthens as PMI stays over 56 mark in Sept: S&P Global
August had recorded a slightly higher PMI of 56.7, but S&P considers any readings above 50 as growth while those below 50 are marked as contraction.
10/04/2022
Saudi non-oil private sector businesses expanded in September - PMI
Output and jobs expansion rise, albeit at slower rates
10/04/2022
Saudi Crown Prince unveils new PIF company to develop downtowns in 12 cities
The new company aims to build and develop downtown areas and mixed-use destinations in 12 cities throughout Saudi Arabia.
10/04/2022
Dubai records over $381mln in realty transactions on Monday
The sales included 360 villas and apartments worth $222.73mln, and 25 land plots worth $69.92mln
10/04/2022
Dubai’s DGCX introduces new physical gold futures and spot gold contracts
These products provide traders and financial institutions the ability to use physical gold as collateral to access affordable sources of short-term lending
10/03/2022
Dubai sets new record with sale of Palm Jumeirah mansion for $82m
Casa Del Sole, still partially under construction, will be completed in early 2023 and is set to have eight bedrooms
10/03/2022
Christie’s International Real Estate Dubai opens at Dubai World Trade Centre
Real estate giant expands its offerings to include bespoke plot development consultancy
10/03/2022
Saudi real GDP expected to rise by nearly 8 percent, say analysts
Inflation is expected to be 2.6 percent and 2.1 percent in 2022 and 2023 respectively, Al-Rajhi said.
10/03/2022
Qatar's QIA will invest $2.38bln in German power provider RWE
The proceeds of the bond will be used for the acquisition of Con Edison Clean Energy Businesses.
10/03/2022
Way cleared for Dubai's offplan buyers to get Golden Visas on Dh2m property asset
Select developers and estate agents to issue recommendations on investors' behalf
09/30/2022
UAE: Burjeel Holdings sets IPO price range between Dh2 and Dh2.45 per share
The final offer price is expected to be announced on Wednesday, October 5
09/29/2022
Qatar-Jordan trade reached QAR 624 million in 2021
The Federation of Gulf Cooperation Council Chambers, in collaboration with the Secretariat General of GCC and the Jordan Chamber of Commerce, organised the forum titled ‘New Aspects for Economic and Investment Co-operation’.
09/29/2022
International Securities launches global trading and digital onboarding platform
The new digital platform will enable investors from all corners of the world to generate national investor number and gain access to securities listed on the Abu Dhabi Securities Exchange and the Dubai Financial Market
09/28/2022
Qatar Investment Authority launches new initiative to boost liquidity
Move is an important step to attracting foreign asset managers, it says
09/28/2022
Citi launches Murabaha trade and working capital financing solution for corporate clients
New offering designed to assist clients with their working capital needs in line with Shari’a principles
09/27/2022
Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion
Government-owned property group seeks to kickstart work at stalled seafront site Palm Jebel Ali
09/27/2022
A European retreat opens the door to Middle East banks in Africa
As European and Chinese banks scale back in Africa to cut costs and redeploy capital to core markets, Middle East lenders are happily jumping in to fill the gap, buying assets and putting more boots on the ground as bilateral trade between the regions inc
09/26/2022
UAE healthcare firm Burjeel plans 11% stake sale in IPO
Final offer price will be announced on October 5