03/08/2022
RAK’s Al Hamra earmarks Dhs1bn investment for five-year growth plan
Al Hamra’s growth plan includes enhancing its hospitality and retail offerings, and developing vertical and horizontal real estate assets
Alternative Investments
03/07/2022
Saudi HRSD Ministry and Jadwa Investment launch funds to develop non-profit sector
They jointly announced the establishment of two investment funds to further develop the non-profit sector at a launch event hosted by the Ministry in Riyadh last week
03/06/2022
Vesttoo's Continues Global Expansion
Insurance-linked investment platform Vesttoo hires several high-profile members to lead its continued expansion to key global markets.
03/04/2022
Concerns about future Gulf Bank credit risk
10% of total assets of banks in Oman and United Arab Emirates (5-year average), 12% and 15% to about 17% in Saudi Arabia and Bahrain, respectively.
03/04/2022
Abu Dhabi wealth fund cuts jobs in effort to save 1b dirham in costs
The fund had a cost-saving target of around 1 billion dirhams which has been communicated internally to management, said the sources.
03/04/2022
Qatar, Oman to enhance trade and investment partnership
The purpose of her visit to the State of Qatar is to promote investment in the Sultanate of Oman
03/04/2022
Jordan’s Capital Bank lists $100m bond on Nasdaq Dubai
The bond is the first issuance of its kind for a Jordanian bank on the exchange
03/04/2022
Saudi Arabia, Jordan eye trade relations over $1bn with new agreement
There is a need to strengthen these relations to rise above $1 billion
03/03/2022
Ankura enters Saudi Arabia with Riyadh office
“The Kingdom of Saudi Arabia has taken huge leaps in fostering a thriving business environment full of opportunities,”
03/03/2022
Most GCC markets gained in February despite geopolitical turmoil
UAE markets among top gainers, says Kamco Invest
03/03/2022
Business conditions in UAE’s non-oil sector mark strong expansion - PMI
However, shipment delays and weak hiring drove backlogs higher
03/03/2022
Dubai is well set to transition to next phase of economic cycle – Emirates NBD
With quality infrastructure capacity and proactive policies will help keep the economy open, says Emirates NBD
03/02/2022
Saudi Amlak renews $177mln loan from SAIB to bolster real estate finance
As per the agreement, the financing duration shall be one year
03/02/2022
Abu Dhabi sees 26.4% reduction in realty service fees in development projects
In 2020, the service charges were reduced by 18.1%, with another 8.3% reduction introduced in 2021
03/02/2022
Gulf markets gain; Abu Dhabi jumps over 2%
The company said on Monday it would hold a general meeting later this month seeking approval for its dividend and dividend policy.
03/01/2022
Investcorp buys majority stake in Italian cybersecurity company HWG
HWG serves businesses across sectors including finance, fashion, automotive, telecommunications and manufacturing
02/28/2022
Bain & Company and NielsenIQ launch new report on driving profitable growth in the Middle East in the new normal
A significant slowdown in market growth and global rise in raw materials and transportation prices have led to an intense fight among players to gain market share
02/28/2022
ADGM Academy and Mashreq team up to develop banking education hub
The initiative is aimed at maintaining an effective talent pool in the banking sector
02/25/2022
Saudi PIF opens New York, London, Hong Kong offices as part of global expansion
The fund is an active investor in other industries and businesses
02/24/2022
BBK: Financial results for the year ended 31st December
The growth in total comprehensive income was mainly driven by the increase in valuation of investment securities as financial markets continued to recover from the shocks resulted from the COVID-19 outbreak last year.