10/01/2021
Saudi Arabia's wealth fund to sell part of stake in Saudi Telecom
The potential transaction is expected to contribute to PIF's establishment and development of new sectors
Alternative Investments
09/30/2021
Banque Misr concluded its largest syndicated term facility to date
With medium term USD 1 Billion loan from international debt capital markets to finance Projects and contribute to the sustainable development
09/30/2021
UAE residential market expands at ‘fastest pace since 2015’: Knight Frank
Villas in Dubai led the price surge - up by 5 percent in the same period and nearly 17 percent higher than they were at this time last year.
09/29/2021
Energy crunch: How high will oil prices climb?
Surging demand coupled with supply shortages has sent crude prices to a near three-year high.
09/29/2021
PraxisIFM secures coveted corporate services provider licence in the UAE capital
Global services company celebrates significant office milestone and sees a bright future for business development in the region
09/29/2021
Network International completes acquisition of DPO Group
Company to become the fastest-growing payments company in the Middle East and Africa
09/28/2021
Palm Hills Developments inks syndicated loan deal
Banque Misr and NBE contributed equally to the loan
09/27/2021
Interest in sustainable investing on the rise in UAE, survey finds
Seven in 10 investors in Emirates wish to leave a positive legacy, says Standard Chartered
09/27/2021
Jadwa Investment announces secondary offering for Saudi REIT Fund
Jadwa REIT Saudi Fund is a closed-end, Shariah-compliant, real estate investment traded fund with a term of 99 years and a total gross assets value of SR2.19 billion.
09/27/2021
Al Zeyoudi chairs third Board of Directors meeting of Etihad Credit Insurance in 2021
The Deputy Chairman also commended the organisation's exceptional business performance in the first eight months of 2021 and its strong resolve to support UAE businesses and boost their competitiveness in regional and international markets.
09/27/2021
Bahrain’s Investcorp set to be a $100bn company in 7 years: CEO
The company is currently pursuing a five-year growth plan.
09/23/2021
Central Bank of UAE projects 4.2% GDP growth in 2022
In Q2-2021, outward personal remittances form UAE increased by 8.7% year-on-year
09/23/2021
Egypt CIRA’s OGM nods to cash dividends distribution
The dividends will be paid within a month from the date of holding the OGM
09/23/2021
Govt companies in Oman urged to be self-sustaining
No government companies will get money from the state’s general budget to run their business
09/23/2021
EBRD and J.P. Morgan support women entrepreneurs in Istanbul
The companies operate in a wide range of sectors, from garment manufacturing to the design of business software or metal processing.
09/22/2021
Dubai's real estate transactions reach $4bln in August 2021
August 2021 is the second-highest month since December 2013 in terms of the number of sales transactions
09/22/2021
Dubai is at the frontier of leading financial markets, study by Dubai Competitiveness Office shows
Regulatory reforms, partnerships and futuristic initiatives have enabled Dubai to evolve a competitive financial market ecosystem
09/22/2021
UAE economy to grow 2.1% this year, central bank says
"Economic activity in the UAE continued its recovery in the second quarter, with growth reaching almost pre-COVID-19 levels," the central bank said
09/21/2021
Good COVID-19 care added to Saudi’s investment attraction, says Sedco chief
Saudi Arabia is shifting toward cleaner energy, even though oil will continue to be an important component of our economy, says Abu Aker
09/21/2021
RoyalJet expands into Dubai as private jet demand grows
Demand for private flights expected to surge further as Expo 2020 draws near