Aldar sets up company to handle property management services
Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing…
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Real estate halts Dubai’s momentum, banks pressure Saudi
Dubai’s stock market inched down in early trading on Monday, ending an eight day winning streak, while Saudi Arabia was…
Luxury Burj Kadi apartments a superb investment opportunity
Burj Kadi – a 41-storey freehold residential apartment building – has achieved its first milestone as per the government requirement…
‘Wealth manager’ on trial after collecting money ‘unlawfully’
A suspect, who claimed to be a wealth manager, and allegedly took money from many to invest in various schemes,…
Bahrain Fintech Bay: RegFact conference hailed a success
RegFact 2019 was held yesterday at the Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain. The…
Oman's share index reverses its declining trend
Registering its best daily returns in the previous three weeks, the MSM30 index reversed its recent declining trend and closed…
Qatar shares close flat despite transport, banking buy interest
The Qatar Stock Exchange on Sunday witnessed more than 55% of the traded constituents end in red; yet its key…
First Abu Dhabi Bank plans to issue $2-$4b in bonds in 2019-CFO
First Abu Dhabi Bank, plans to issue $2 billion (Dh7.35 billion) to $4 billion in bonds in 2019, the group…
Chairman of Kuwait International Bank joins
The International Islamic Financial Market has announced the appointment of Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank, to…
Emirates NBD strengthens Treasury proposition with roll out of state-of-the-art enterprise platform
Emirates NBD has announced that it has partnered with Calypso Technology Inc., the standard for treasury and capital markets software,…
Mauritius trade fund enlists SRB as advisor
Skybound Capital, a global wealth management business in Mauritius, is in the process of launching a Sharia-compliant trade finance fund…
Africa Israel Deal Close as Bondholders Accept Offer
After 18 months of negotiations between Africa Israel Investment bondholders and Moti Ben-Moshe, a deal to acquire control of the…