QINVEST Reports 2017 Year-End Results
QINVEST has announced its end of year results for 2017. Revenues from all business lines amounted to QAR 368.6…
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Millennials love to spend and not save
Millennials, who represent the highest proportion of the world’s population, are among the highest spenders compared to Gen X and…
Moody's: SAMA Deal with Ripple Provides $400 Million to Banks
The agreement between Saudi Arabian Monetary Authority and US-based financial technology company Ripple in managing a cross-border transaction of local…
How Institutional Investors Are Preparing for Return of Volatility
Seventy-eight percent of institutional investors around the world expected stock market volatility to surge in 2018, according to survey results…
Property market dubai will continue downtrend 2020
Property prices in Dubai may fall by 10-15% in the next two years due to the oversupply, geopolitical risks and…
Saudi is biggest deal-maker in Middle East
Saudi Arabia has become the biggest deal-maker in the Middle East after its Public Investment Fund spent about $54 billion…
Turkey-based Limak Holding wins bid for construction of KIA new terminal
Kuwait has assigned to Turkey-based Limak Holding the construction of Kuwait International Airport new passenger terminal II meant to boost…
Dubai Islamic Bank boosts emirate's sukuk listings to over $53bn
Dubai Islamic Bank the largest Islamic bank in the UAE, has celebrating the listing of a $1 billion sukuk on…
Jump in Islamic tax liabilities worries Saudi banks
A jump in retroactive Islamic tax liabilities faced by Saudi Arabian banks is creating concern about damage to their earnings…
Damac to experience 'cash flow pressure' in 2018, says EFG Hermes
Operational and financial challenges at Damac Properties, one of the UAE’s biggest listed real estate developers, are expected to continue…
Gulf banks catch eye of regional investors
Gulf banks could benefit from rising global interest rates, a Bloomberg conference in London heard. Hasnain Malik, global head…
Saudi Arabia: Loss Of Economic Confidence
Saudi Crown Prince Mohammed bin Salman is leading a delegation to the US in coming weeks, seeking to attract massive…