Abu Dhabi fund pays Marriott $230m for Miami hotel
A company owned by the Abu Dhabi Investment Authority (ADIA) has purchased The Miami Beach Edition hotel from Marriott International…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47707 articles available
Kuwait’s KIPCO Q4 net profit gains 2 pct, raises cash dividend
Kuwait Projects Co (KIPCO), the Gulf state’s largest listed investment company, reported a 2 percent rise in fourth-quarter net profit…
Markaz posts KD4m net profit for 2014
Kuwait Financial Centre (Markaz) announced a net profit of KD4.02 million for 2014, a net profit of 8 fils per…
UAE bank bonds dominate Gulf as corporate sales stand at zero
For the first time since 2009, the number of Gulf corporate bond sales at this stage of the year is…
GCC’s sovereign funds make an outsize statement
Notwithstanding the sharp drop in oil prices through the second half of 2014, the value of sovereign wealth funds (SWFs)…
Abu Dhabi National Takaful Company Reports Full Year 2014 Net Profit
Abu Dhabi National Takaful Company P.S.C, reported its financial results for the year ended 31 December 2014 with a net…
UAE Foreign Minister Visits New Zealand, Talks FTA, Signs Agreements
New Zealand and United Arab Emirates or UAE signed a slew of agreements when its foreign minister Shaikh Abdullah Bin…
20% of Egyptian SMEs prefer Sharia-compliant products: IMF
In Egypt, 20% of small- and medium-sized enterprises have indicated a preference for Sharia-compliant products, according to an IMF working…
Revealed: Inside the business of polo
It is a rare sport that can attract the wealthiest of the wealthy, the most glamorous in town and royalty…
MidEast investors lined up for $500m Madame Tussaud's building
Real estate agency CBRE was in the Middle East last week meeting potential buyers for the London building contains the…
Abu Dhabi’s NBAD names ex-HSBC banker as Gulf, Africa CEO
Richard Oliver joined in December as regional chief executive officer and will be based in Abu Dhabi, he said in…
GFH backs GCC Financial Forum
Bahrain-based Gulf Finance House has announced its lead sponsorship as the Islamic banking partner of a major financial forum being…