11/16/2022
GCC retail sector overall will see 15.7% YoY growth in 2022 – Alpen Capital
Duty free sales are also soaring in the GCC in 2022
Alternative Investments
11/15/2022
Dubai real estate: Emaar reports $2.3bn profit in 2022
Emaar revenues reached $5.1bn in the first nine months of the year
11/15/2022
Sohar International extends support to SQU to sponsor 7th International USERN Congress
Acting as the Platinum Sponsor of the event, Sohar International reiterated its commitment to promoting education and research initiatives that have a sustainable impact on society
11/15/2022
CBUAE highlights new initiatives during the Insurance Sector CEO Forum
The meeting organised by the CBUAE, aimed at enhancing the dialogue between the CBUAE and the insurance sector, through the coordination with the CEOs of insurance companies to address the priorities of the sector
11/14/2022
Kuwaiti artificial island to attract 400 development projects
Saji Island will feature food trucks, booths, exhibition areas and a viewing screen
11/11/2022
GFH reports net profit attributable to shareholders of $66.24mln for first nine months of 2022
The Group reported net profit attributable to shareholders of US$24.06 million for the third quarter of the year
11/11/2022
Abu Dhabi ADNOC Distribution's Q3 net profit climbs 45% to $209mln
On a sequential quarter basis, net profit came in 14% lower
11/10/2022
Dubai to build world's tallest residential skyscraper
New hypertower with diamond-shaped spires comprises over 100 stories, featuring lavish two-bedroom and three-bedroom residences
11/10/2022
Qatar's QIA deposits $1bln in Egypt's central bank - report
The Qatari sovereign wealth fund oversees and estimated $445 billion in assets.
11/10/2022
UAE unemployment insurance mandatory from next year, announces ministry
Employees of private sector companies and federal government departments can subscribe to the scheme from as low as Dh5 per month
11/09/2022
Dubai’s non-oil sector adds jobs as business activity expands in October
Firms saw cost pressures ease for the second time in the past three months
11/09/2022
Kenya secures Sh3.6 trillion in investments at Egypt summit
Kenya is providing the leadership for Africa to be front and centre of the solutions to the challenge of climate change and not just a victim.
11/09/2022
Agthia Q3 revenue grows 20% to $260mln
Group EBITDA increased 23% year-on-year
11/09/2022
Dubai’s Nakheel secures financing worth $4.6bn to drive growth
The funding will be deployed to develop Dubai Islands and other waterfront projects
11/08/2022
Aliph Capital appoints Apex Group for fund services
Apex Group will deliver timely, accurate and independent Fund Administration services to Aliph Capital, providing financial information, multi-currency transaction processing and flexible valuation periods.
11/08/2022
Kuwaiti investors are second biggest purchasers of Turkey real estate
Tourism in Turkey has seen strong investments with 246,000 people visiting the country from Kuwait last year
11/07/2022
Kuwait Starts Commercial Operations at New Al-Zour Mega-Refinery
The second and third phases of the refinery will follow, until full capacity is reached, Waleed Al-Bader, acting chief executive of Kuwait Integrated Petroleum Industries Co., told KUNA.
11/07/2022
Ahmed Boshnak on Bain's growth and culture in Saudi Arabia
The culture makes all the difference. At Bain, we are guided by ‘True North’ and adhere to a set of core principles: cultivating a passion for results, adopting a practical approach, working as one global team, and supporting diversity.
11/04/2022
Dubai records over $653mln in realty transactions on Thursday
The sales included 769 villas and apartments
11/04/2022
General Pension and Social Security Authority approves draft annual budget for 2023
GPSSA's statistics for October 2022 indicate an increase in the number of employers registered with it to 8,080, as compared to 7,149 employers in October 2021