07/19/2023
Dubai ranks as top global market for luxury real estate sales in Q1 2023
176 homes worth at least AED 36.73 million were recorded in Dubai during the first half of 2023
Alternative Investments
07/19/2023
Dubai South introduces new employee protection insurance programme
The programme covers unpaid salaries, gratuity, repatriation costs of return for its employees or their mortal remains and unreimbursed expenses
07/18/2023
How GCC wealth funds are fuelling growth and prosperity
Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope
07/17/2023
Gulf Bank announces Sharefa as the 20th AlDanah millionaire
"We congratulate Sharefa Mohamad Ghloum Ashraf, the semi-annual prize winner of the Al Danah millionaire account, and we wish the rest of the customers the best of luck in the upcoming draws."
07/14/2023
Macroeconomic indicators, improvement in global commodity prices enhance performance of QSE
Qasimia said that the next week would witness the disclosure of the results of some companies listed on the QSE for the first half of the year, expecting an improvement in liquidity levels in light of investors’ anticipation of new listings of share
07/13/2023
Dubai Financial Market at highest point in nearly eight years as UAE draws investors
With a continuing focus on IPOs and a strong economic outlook, equity markets in the Emirates remain robust
07/12/2023
Saudi Arabia's SNB Capital invests $100mln in South Korean battery maker SK ON
The investment was made via SNB Capital EV Batteries fund, a closed-end sharia compliant fund
07/12/2023
Saudi Arabia ranks 2nd in latest global entrepreneurship index
The study indicated that the age group from 18 to 24 was the fastest-growing segment and the most popular for entrepreneurial activities and business projects.
07/12/2023
Arabian Business London Achievement Awards 2023 nominations are now open
The awards are now open for nominations, and entries are being accepted across twelve distinct categories
07/12/2023
Dubai residential property prices rose at fastest pace since 2014 in June
The emirate recorded a total of 57,737 residential property deals, the highest number recorded in the first half of the year
07/11/2023
Saudi finance companies’ portfolios surge 10.8%: SAMA
Finance portfolios comprise a wide range of investments including stocks, bonds, commodities, cash, and cash equivalents.
07/07/2023
US Hedge Fund Verition sets up office in DIFC
Firm said Dubai was appealing to global investment talent for reasons including lower taxes, friendly time zone and excellent infrastructure
07/07/2023
Abu Dhabi's ADQ acquires minority stake in Canadian investor
Bank of Montreal and Great-West Lifeco are also investors in Sagard
07/06/2023
Egypt secures $1blnin financing from ITFC in 2023
The Islamic Cooperation for the Development of the Private Sector is collaborating with Banque Misr, Al Baraka Bank Egypt, and Faisal Islamic Bank of Egypt to launch new credit lines to facilitate financing for SMEs
07/06/2023
Dubai SME members receive Dhs1.12bn in procurement contracts in 2022
The contribution of Dubai government bodies was worth Dhs552.51m, while federal government entities granted contracts worth Dhs88.2m
07/06/2023
UAE: Re-exports can fast-track Emirates' economic ambitions
New policy aims to double re-exports from the UAE over the next seven years
07/05/2023
Emaar shares push Dubai stocks to 2015 high as economic outlook lifts mood
S&P Global Ratings recently upgraded Emaar Properties based on the strong demand seen in the UAE’s real estate sector
07/05/2023
OIA ranks second globally in development of governance, sustainability performance
The report stated that the data issued by the Authority sheds light on investments and their strategies
07/05/2023
Private equity firm Berkeley assets highlights key financial insights for the Middle East
Preservation and protection of capital continue to be priorities for investors in 2023 globally
07/04/2023
GCC equity markets record positive performance led by Saudi Arabia and the UAE
DFM closed June with 650.2 billion dirhams ($177 billion) in market cap at 3,792 index points, a result of increases in six out of the eight indices, including the financial, real estate, and industrial sectors.