11/03/2020
MedGulf posts 44% profit hike in Q3
Attributed to higher shareholders’ investment income by 184%
Alternative Investments
11/03/2020
QSE listed firms’ net profits reach QR23.8bn
Companies have reported profits amid challenges posed by COVID-19 pandemic
11/03/2020
Dubai Islamic Bank completes Noor Bank integration to create $81bn giant
DIB's group CEO says banking integration firmly cements Dubai's position as the epicentre of the global Islamic economy
11/03/2020
Qatar Airways partners with IATA and ClimateCare to launch voluntary carbon offset programme for passengers
All contributions received through the programme will be directed to the Fatanpur Wind Farm project in India, via the airline’s partner ClimateCare.
11/03/2020
Dubai Investments reports 102% surge in net profit for 3rd quarter
DFM-listed diversified Investment company posts $57.99mln net profit in Q3
11/03/2020
Dubai's Shuaa Capital pays off 2017 $100mln bond
The new bond is listed on the London Stock Exchange's International Securities Market
11/03/2020
Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector
Sukuk was allocated to investors in Middle East, Asia and Europe
11/03/2020
Abu Dhabi Global Market Partners With Companies House Gibraltar
The agreement will enable ADGM and CHG to develop their respective registry functions through the provision of expertise, the facilitation of applicable activities within their respective jurisdictions and the provision of support in the integration of in
11/02/2020
DAMAC Properties' AYKON City gets boost as Tower B structure completed
This is a key milestone for the Sheikh Zayed Road/Dubai Canal AYKON City Project
11/02/2020
UAE, Saudi SWFs invest over $1b in Reliance unit
Reliance Industries on Friday announced a 15 per cent drop in its September-quarter profit to 95.67 billion as Covid-19 impacted its oil business.
11/02/2020
Eshraq Investments posts Q3 net profit of over $6m
Eshraq’s leasing and hospitality businesses maintained its outperformance
11/02/2020
Mubadala takes stake in Group 42
With the outstanding talent this adds to G42, it will continue to break new ground across many key sectors.
10/30/2020
Chubb Arabia, Saudi AlAhli Takaful discontinue merger discussions
The bilateral discussions aimed to explore mutual interests for the companies’ shareholders
10/29/2020
DFM announces direct deal on Emirates Refreshments' shares
It is noteworthy to mention that in May 2016, the DFM launched 'Direct Deals' service
10/29/2020
Trade between Saudi Arabia, Egypt worth $6.8bn, report shows
The report showed that Egyptian exports to the Kingdom rose to $1.68 billion in 2019
10/29/2020
Saudi Mawani, KPMG Al Fozan sign deal to achieve financial sustainability
The collaboration aims to activate the business policy to help Mawani become a key player that links the Saudi economy with international markets
10/29/2020
Oman's share index ends marginally higher
At the session close, foreign investors were net sellers for OMR424,000 while local investors were net buyers for OMR324,000 followed by GCC & Arab investors for OMR100,000 worth of shares.
10/29/2020
Sovereign funds seek to raise debt and equity as pandemic strains state budgets
Many SWFs have traditionally relied on cash funnelled from their governments to support the bulk of their finances,
10/29/2020
Qatar offers lessons in sustainability for the world
Engineer Jaidah also the CEO, Arab Engineering Bureau, said that most of Qatar’s stadiums recently are state-of-the-art structures – very advanced in technology and the latest FIFA criteria.
10/29/2020
After diamonds, Dubai's DMCC wants to add more precious stones to trade deal with Israel
This will consolidate Dubai's hub status in global precious commodities trade