02/04/2021
UAE’s Sky Abu Dhabi plans $950m Egypt investment in next two years
The company plans to spend 300 million Egyptian pounds on construction of the project this year
Alternative Investments
02/04/2021
Kuwait taps wealth fund as cash dries up
Fitch on Wednesday cut Kuwait’s outlook to negative from stable
02/04/2021
CMA planning to launch XBRL disclosure portal
XRBL transfers financial statements and data using IFRS Taxonomies and coding readable by both reader and computers for easy access to the information therein and to compare the contents.
02/04/2021
Dubai records 51,414 real estate transactions worth over Dh175 billion in 2020
Properties in Dubai continue to be attractive to local, Arab and global investors
02/04/2021
Dubai, Gulf investors turn cautious on stricter GCC-wide restrictions
Etisalat bucks trend with another stellar gain ahead of 2020 results
02/04/2021
QNB Group is Official Mideast-Africa Supporter and Qatari Bank of FIFA World Cup 2022
As an Official Middle East and Africa Supporter of the FIFA World Cup Qatar 2022
02/04/2021
Corp-Solutions partners with valU to provide merchants with immediate access to financing
The partnership will offer valU merchants immediate access to financing through Corp-Solutions' premier financing solutions
02/03/2021
Dubai's DFM Company posts $37.57mln net profit in 2020
Foreign investors accounted for 50% of trading and 19% of market capitalization
02/03/2021
Utilise data capabilities to meet Sustainable Development Goals
Collecting this data in real time is a complex task – one for which governments and national statistics organisations in the GCC region are ill-equipped.
02/03/2021
$19.8bln properties sold in Dubai in 2020; market up 270% from lowest level in May
Sector headed for V-shaped recovery, according to official sales price index
02/03/2021
Kuwait wealth fund commits to London base despite legal dispute
Kuwait Investment Office says confident it will recover public funds at the centre of a legal dispute in the High Court in London
02/02/2021
Kuwait's Agility invests $35mln in Queen's Gambit Growth Capital
According to the logistics provider, the new investment gives it a chance to take a more inclusive view of opportunities in the market
02/02/2021
Big changes ahead for the Saudi office market in 2021 post-COVID
Riyadh’s office market is forecast to see the handover of almost 430,000 square meters of office space this year, with the majority being Grade A quality units
02/02/2021
The IsDB Group Private Sector entities will hold webinar to introduce AATB's investment pillar to financial institutions and partners
The webinar is set to discuss a number of topics
02/02/2021
Spire teams up with ZASK Associates to launch in Middle East
The firm’s offerings help leaders with among others creating business plans, developing sales plans, quantifying budgets and investment as well as refining product launch decisions.
02/02/2021
Uptick in Qatar’s real estate demand: KPMG
Qatar is also experiencing increased real estate transactions.
02/02/2021
“Kamco Invest” led 6 bond and sukuk offerings during 2020 amounting to over USD2.6bn
The transactions included four local and two regional offerings in Kuwaiti Dinars and US Dollars with fixed and variable rates.
02/02/2021
Egypt welcomes positive perception of economic growth by Moody's, S&P Global
The report of Moody's credit rating agency, which pointed out that the strong domestic financing base and international reserves are capable of absorbing capital exits, which will support the country's credit rating in 2021.
02/02/2021
Abu Dhabi pension fund to acquire 31% stake in ADNOC property vehicle for $900mln
Deal part of ADNOC's strategy to unlock value from non-oil assets
02/01/2021
UAE citizenship initiative is a game changer, set to benefit property market and knowledge economy
The move will help UAE businesses to attract and retain top talent and there are potential spillovers for the financial sector in the country, economists say