10/22/2020
Outlook: More GCC banks likely to consolidate amid tight economy, flat oil prices
UAE remains committed towards economic development, said, Mohammed Ibrahim Al Shaibani, chairman of DIB
Alternative Investments
10/22/2020
Saudi investment minister stresses importance of public-private partnership for sustainable growth
Al-Falih said the Saudi government has taken several measures to protect investors.
10/22/2020
The Dubai government is offering 5-year debt securities
UAE banks are facing high levels of costs and low revenues, in light of the double blow to the economy due to the repercussions of the new Corona and the low oil prices.
10/21/2020
Africa Re picks Dubai for Middle East expansion
Africa Re is said to have more than ten years of experience in offering Retakaful products that are Sharia-compliant and vital for Takaful companies to meet their business needs.
10/21/2020
Oman’s bond market return a key test for reform path
After becoming ruler in January, Sultan Haitham made shaking up and modernising state finances a top priority
10/21/2020
Reducing the cost of infrastructure and capital projects
What, then, should industry participants do in order to remain competitive, deliver value and remain profitable?
10/21/2020
Saudi Arabia investors eye Cyprus for investment
Cyprus and Saudi Arabia will benefit from closer and stronger trade and a foreign direct investment relationship that will amplify growth and prosperity in short and long terms.
10/21/2020
Why the future's green for financing, investment in the Gulf
Sustainable investment and financing is fast becoming a necessity for companies, says senior Abu Dhabi Global Market exec
10/21/2020
Dubai hopes rich pensioners will fill empty homes
But they won’t fix its flawed economic model
10/21/2020
Apex Provides Fund Administration Services to Shuaa Financing Opportunities Fund
The fund is targeting special situations in the GCC and has already attracted a total of USD 68 million in commitments from investors.
10/20/2020
QFC offers 'generous' incentives for global firms looking to make Doha their expansion hub
Highlighting the increasing competition among the financial centres, he said therefore it is imperative for the QFC to come up with its own “niches” within the financial and non-financial sectors in order to attract foreign direct investments
10/20/2020
Qatar Chamber participates in GCC Chambers executive committee meeting
The virtual event reviewed ways of fostering co-operation between GCC chambers and the GCC General Secretariat in terms of global economic relations.
10/20/2020
Expat property investor in Dubai finds spending Dh89m does not guarantee the land is his
Investor wants developer to return amount, registration fees and Dh40 million in damages
10/20/2020
UAE's mechanism to fight Covid-19 hailed
On the impact of a second wave on the UAE and the region, he said countries have already learned from their previous experiences and have increased investments in their medical infrastructure.
10/19/2020
Saudi Arabia, Google partner in plan to ‘level-up’ Mideast
The program includes cloud training for local businesses, as well as workshops on advanced digital skills, such as a machine learning platform that will teach about 140,000 developers with a focus on women
10/19/2020
Abu Dhabi wealth fund ADQ said to pursue Bausch’s Egypt unit
ADQ has been evaluating the Bausch business, known as Amoun Pharmaceutical Co
10/19/2020
Dubai wealth fund readies bonds, COVID-19 may hit revenue
The group of banks mandated for the deal includes Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered
10/19/2020
MENA debt issuance reached $92.4bln in the first nine months of 2020
The UAE and Saudi Arabia were the most active issuer nations during the first nine months of 2020, according to Refinitiv
10/19/2020
Wealthier with ESG: Factor investors, ETFs in Middle East join investment boom
Nearly half of investors in EMEA more likely to make additional factor allocations
10/18/2020
Consortium of UAE investors comes to Jet Airways’ rescue
Jet Airways, founded by Naresh Goyal, had piled up debts of about Rs80 billion, and faces claims of nearly Rs360 billion, including salary arrears of employees.