08/28/2020
FTSE Russell launches local currency Saudi government bond index
The FTSE Saudi Arabian Government Bond Index will cover sukuk and non-sukuk government bonds
Alternative Investments
08/28/2020
Saudi inflation to hover between 4% and 6% y-o-y in coming 12 months - MUFG
In July 2021, MUFG expects headline inflation to swing into negative territory primarily due to base effects
08/28/2020
The Prevailing Trends of UAE Banks in Q2 2020
Like many banks globally, the UAE’s top lenders are likely to focus more on improving their efficacy in the coming period as a challenging operating environment demands increased efforts toward cost optimisation.
08/28/2020
AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C. and Takaful International Company BSC
gig-Bahrain Takafuls ratings consider its strategic importance to gig-Bahrain, with the company providing a platform to underwrite takaful business locally and increasing the overall operations market share to approximately 20%, measured by gross written
08/28/2020
EBA organizing first Egyptian-Bahraini digital investment forum on Sept. 8
EBA Board Chairman Ali Eissa said the forum will be held in a crucial timing in order to boost trade and industry and lure investments in the aftermath of the coronavirus economic crisis.
08/27/2020
Egyptian developer Doja plans mixed-used projects in new capital
Two projects to be launched in Q4 2020 and Q4 2021 respectively
08/27/2020
300m tall National Bank of Kuwait HQ building complete
Project was built in line with LEED Gold requirements
08/27/2020
Qatar’s national solarized fintech strategy
Qatar is positioned to weather these headwinds because of its small population, substantial financial reserves, and favorable business conditions for investment.
08/27/2020
Revealed: the most powerful people in Saudi Arabia
Arabian Business's guide to the Gulf kingdom's most influential movers and shakers
08/27/2020
Here Are The Top Ten Largest Banks in the Gulf Cooperation Council Region
The area, as part of its economic transformation to be some of the wealthiest nations in the world, has attracted people from across the world.
08/26/2020
Qatar Free Zones welcomes new ‘economy businesses’ with fast setup, new infrastructure
“As we all begin to move out of the immediate crisis caused by the pandemic, governments and companies are now faced with great uncertainty about what the future holds.“
08/26/2020
Abu Dhabi returns to debt market with longest Gulf bond ever
Government is taking advantage of low costs and investor demand for higher returns
08/26/2020
Saudi, UAE top mideast markets for opportunities in printing industry: report
40% of print businesses believe pricing is a major concern and have not yet invested in sustainable products to answer the rising demand
08/26/2020
GCC corporate earnings plunge 60.7% in Q2
The economy of the six GCC member countries will shrink by 7.6 per cent in 2020 amid low oil prices and the coronavirus outbreak
08/26/2020
IQ convenes EGM on Sept 13 to seek approval for Qafco stake buy
The purchase of QP’s stake in Qafco is consistent with IQ’s strategy to build its presence and create value across the downstream sector.
08/26/2020
Nasdaq Dubai signs agreement to attract Chinese listings to Dubai
Agreement also covers the deposit of securities into the exchange’s Central Securities Depository
08/26/2020
The Country Has A Task Ahead To Lure Global Investors
Jordanian Prime Minister Dr. Omar Al Razzaz, during his visit to the Ministry of Planning and international Cooperation in the first week of July, claimed that the financial support “represented in the direct loans and financial aid my country is re
08/25/2020
Amlak Finance sells 1.13mln shares
The sale process was executed through ENBD Securities
08/25/2020
Can Saudi Aramco keep its pledge to investors in its 1.5% share sale IPO?
Aramco has 268bn barrels of crude reserves to flaunt and these long term prospects help keep doubters at bay.
08/25/2020
Abu Dhabi comes back to bond market with three-part dollar issue
Sources told Reuters last week that Abu Dhabi was in talks with banks for a new bond issuance, after having already raised $10 billion via debt issues this year to prop up its finances amid low oil prices and the coronavirus crisis.