12/11/2020
Major Gulf indexes off to mixed start
In Abu Dhabi, the index gained 0.9%, buoyed by a 2.3% rise in the United Arab Emirates’ largest lender, First Abu Dhabi Bank.
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12/11/2020
Middle East Banks' Asset Quality, Earnings Pressured; Capital, Liquidity Stable
The impact of asset-quality deterioration following the economic downturn due to the coronavirus
12/11/2020
Qatar’s private sector praises state budget for 2021
This also will ensure the establishment of more projects and expansion of medical and health facilities
12/10/2020
UAE banking sector outlook stable despite asset quality pressures: Fitch
Fitch expects stable capital levels in 2021 due to modest loan growth and lower dividends
12/10/2020
QLM sees robust response to its IPO
The move should be seen as the first step and the main pillar in executing the company's strategic goals to become the leading and largest national insurance company in medical and life insurance in the region, he added.
12/10/2020
Why Bahrain's Investcorp is thinking small to grow big in India
Fund is understood to be in the process of finalising minority stake deal in another Indian start-up
12/09/2020
Family businesses surprisingly positive in the wake of Covid-19
In the Middle East, all this was topped off with one of the biggest oil price crashes in history.
12/09/2020
Five key stages for developing the tourism sector across the Middle East
Tourism is essential for economic diversification, growth, and job creation
12/09/2020
ADIA looks to Africa for new investment opportunities
The fund's 20-year annualized rate of return at Dec. 31 was 4.8%, vs. 5.4% in 2018.
12/09/2020
Four Egyptian banks to contribute to new real estate joint venture
Egyptian Gulf Bank (EG Bank) and Suez Canal Bank plan to each purchase a 10% stake in a new company - First Design for Real Estate Development
12/09/2020
UAE lucrative destination for global investors, says CEO of Binghatti Holding
He mentioned that Binghatti Hospitality focuses on providing world- class hospitality services across Dubai and the UAE.
12/08/2020
Experts confident of Saudi construction sector returning to normal soon
Coronavirus causes slump in contracts but recovery predicted
12/08/2020
Egypt steps up support for exporting companies
The Export Development Bank has disbursed about EGP 585 million for 20 exporting companies since the implementation of the immediate payment initiative
12/08/2020
Investcorp portfolio company ABAX acquires Automile
Transaction represents ABAX's third and largest add-on acquisition since Investcorp's investment in 2017
12/08/2020
Turkey is the odd one out in CEE’s primary equity revival
Turkey has been the outlier in CEE this year for many reasons.
12/08/2020
CFA Society Bahrain and Ahli United Bank collaborate in women-led mentorship programme & amp podcast
Qodwa is backed and sponsored by Ahli United Bank, whose collaboration has been invaluable for the success of the programme.
12/08/2020
Pandemic squeezes UAE bank results – but it could be worse
Quarterly operating income at the UAE's 10 largest banks totaled 19.9 billion dirhams down from 22.0 billion dirhams in the prior-year period, according to a report by consultants Alvarez & Marsal.
12/08/2020
UAE stocks gain $4.35bln as economy heads to recovery
The main indexes of Abu Dhabi and Dubai bourses were up 1.38% and 2.57%respectively on Sunday
12/07/2020
Alkhabeer Capital announces initial public offering of Alkhabeer Diversified Income Traded Fund units
Subscription in the Fund is available through four receiving banks
12/07/2020
Abu Dhabi’s $230 Billion Man Bet the World Would Overcome Covid-19
Khaldoon al-Mubarak made an assessment in March that this challenging year would bring new opportunities to lessen his homeland’s dependence on oil. He spent billions backing up that belief.