Mashreq reports Dh1.3 billion net loss in 2020
Mashreq, one of the leading financial institutions in the UAE, has reported a net loss of Dh1.3 billion in 2020…
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EBRD and EU to promote green investments in Jordan
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) in Jordan are promoting green investments in…
Sharjah real estate transactions value record AED 15.9 billion in 2020
Al Shamsi: The Government's stimulus decisions remarkably surged the number of property sales. Al Shamsi: Tributes to all staffers for…
Abu Dhabi to see 'spike' in new residential supply in 2021
Residential supply handovers in Abu Dhabi are expected to hit their highest level in approximately half a decade, as several…
Bahrain will continue on development path: minister
Bahrain's Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed Bahrain’s resolve to continue to achieve desired…
UAE's FTA clarifies tax rules for owners of multiple establishments
Sole owners of multiple establishments in the UAE are required to obtain a single tax registration, rather than apply for…
Paul Gilbert leads A&M's Middle East restructuring practice
Bringing more than 25 years of experience to the region, Paul Gilbert has been named Head of Alvarez & Marsal’s…
Saudi PIF invests in NBK Capital Partners' shariah credit fund
Saudi Arabia's sovereign wealth fund has become an anchor investor in a new $300 million shariah credit fund launched by…
Saudi's Anaam Holding to increase capital, targets $56mln
Saudi Arabia’s Anaam International Holding Group has announced its board recommendation to increase capital by SAR 210 million ($56 million)…
Interview: UAE's Bee'ah to explore waste-to-energy plant opportunities in the region – CEO
For a waste-management company, Sharjah-based Bee’ah is aiming high. It is helping the city become the first in the region…
UAE most competitive market in GCC; 4th globally
The UAE ranks number one overall as the most competitive emerging market in GCC, according to the annual Agility Emerging…
Middle East M&A activity records slow growth during H2-2020
Mergers and acquisitions (M&A) deal-making in the Middle East was slower in 2020 compared to 2019. There were 220…