05/04/2022
Eid 2022 gifting: UAE consumers go for cashback schemes in a big way
Shoppers feel cashback and BNPL schemes offer a better chance at cost savings
Alternative Investments
05/03/2022
Saudi Arabia’s GDP grows 9.6 per cent in Q1 2022
The growth in GDP was driven by an increase in oil activities by 20.4 per cent, and a rise in non-oil activities by 3.7 per cent
05/03/2022
UAE gold prices drop: Shoppers get big price break for Eid Al Fitr, Akshaya Trithiya
In two weeks, UAE gold rate for 22K has shed around Dh15/g - and shoppers are back
05/03/2022
Boursa Kuwait records 60.67% jump in its Q1 net profit
The company’s earnings per share recorded an increase of 60.67% from 16.26 fils in the first quarter of 2021 to 26.13 fils in the first quarter of 2022
05/03/2022
Egypt’s top 9 investment deals so far in 2022
Fintech, logistics and e-commerce remain the most attractive sectors
05/03/2022
Abu Dhabi Investment Authority Funds $2 Billion US Industrial Property Venture with Rockpoint Group
ADIA built a sizeable portfolio of industrial real estate assets and continue to see attractive opportunities in the sector.
04/28/2022
Mashreq Posts AED 606 Million Net Profit For 1Q 2022
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the quarter ending 31st March 2022.
04/28/2022
State Street GA targets financial advisers with first ever funds push in UAE
The registration of these funds is a milestone for us, marking the beginning of our wholesale distribution business in the region.
04/28/2022
UAE gold price at Dh215/g - should shoppers be buying or booking?
With high-demand Eid and Akshaya Trithiya ahead, shoppers get a big price break
04/27/2022
Saudi Arabia to launch first national strategy for intellectual property rights
“We intend to decrease the average patent registration time from 24-36 months to a year,”
04/27/2022
QIC Group reports robust net profit of QR230mn in first quarter
QIC Group also continued its efforts to enhance process efficiencies through automation and digitisation.
04/26/2022
London beats Dubai as top city for foreign investment in finance
Overall, the UK attracted 186 such projects valued at £1.1 billion in 2021, placing it second behind the 234 attracted to the US.
04/25/2022
NBK distributes dates and water to drivers before Iftar
As part of “Do Good Deeds in Ramadan Program”
04/25/2022
UBS CIO on how changing geopolitical scenario is impacting investment opportunities
Asked about the outlook for the Gulf Cooperation Council, he said this is an interesting point in time for the GCC and certainly for Saudi Arabia as well.
04/25/2022
Gross UAE banks’ assets rise to $905bln
Gross credit increased by 0.3% to $488bln from $487bln during the same period due to 0.1% and 2.6% increases in domestic credit and foreign credit, respectively
04/25/2022
Banque Saudi Fransi first-quarter net profit up 12% on higher operating income
Impairment charges for credit losses fell 5.2 per cent on the year during the first three months of 2022
04/22/2022
Abu Dhabi’s ADIA joins KKR in $15bln bid for Australian medical group: report
Ramsay operates a network of private hospitals across Australia and Europe
04/22/2022
NEOM pitches investment opportunities to more than 700 US business leaders
NEOM plans to expand its events to reach more destinations all over the globe, it said in a statement.
04/22/2022
KFH records $227.6mln net profit for Q1
Total assets rise 1.7% to $72.70bln
04/22/2022
Bahrain Retirees Receive Pension Increase
They will be disbursed monthly starting in May.