09/03/2020
GCC market eyeing mergers and reduction in unit prices, says Saudi real estate company
Solutions to minimise business risks in Covid-19 environment include up to 25% reduction in prices
Alternative Investments
09/03/2020
Dubai launches retirement programme for over-55s
Retirement visa available to resident expats and foreigners who meet one of three financial requirements
09/03/2020
Intellect Design spurts after deal with Samba Financial Group
Samba Financial Group is one of the Saudi Arabia's largest and most acclaimed financial services groups.
09/03/2020
Ahlibank’s 5-year bond transaction raises $500mn
This will have a positive impact on the bank’s operations and financial results.
09/03/2020
Abu Dhabi oil group reaches $5.5bn real estate deal with Apollo
Adnoc to net $2.7bn in upfront proceeds from 24-year lease agreement on rents
09/03/2020
Abu Dhabi sells $5bn bonds with first 50-year note for a Gulf nation
The bond issue was nearly five times oversubscribed and the three-year note was priced at the lowest rate for a Gulf sovereign
09/03/2020
German corporate sector increasingly looking at investment opportunities in Qatar, says envoy
Qatar and Germany should jointly work on this kind of Green projects, developing a technological edge and competitive advantage
09/02/2020
Saudi shares lead Gulf markets higher as slowdown eases
The Tadawul is the largest stock exchange in the Gulf
09/02/2020
Gulf investor with $540m in cash says M&A spree not over
IHC shares have soared more than 500% in 2020, giving the company a market capitalisation of about $19bn
09/02/2020
Doha Bank Assurance Company rebranded as Sharq Insurance
Highlighting that the rebranding has been designed to align its insurance products under one recognisable brand
09/02/2020
Doha Bank Assurance Company rebranded as Sharq Insurance
As Sharq Insurance continues to grow and expand, this new name would more accurately reflect the expanding and product offerings, while maintaining current image of providing top-quality insurance products and accompanying services.
09/02/2020
GE Healthcare experts on how tech can reshape healthcare
Walking through examples of how rapidly growing eHealth opportunities and digital tools have helped institutions and doctors and medics globally with meeting heightened demand for patient support.
09/02/2020
Easing of restrictions to support revival of banking sector in the region: Kamco Invest
Although lockdowns are being re-implemented in several cities globally, Kamco Invest believes that resumption in the GCC would be gradual given the current slowdown in new cases.
09/01/2020
Boursa Kuwait announces the listing of "KFH Capital REIT"
First Real Estate Investment Trust to be listed on Boursa Kuwait
09/01/2020
Dubai to come back to debt market with 10-yr sukuk, 30-yr bonds
The new issuance could bolster the finances of the Middle East trade, finance and tourism hub, which has been hit hard by the coronavirus crisis this year.
09/01/2020
UAE Property Deals Lure Israeli Investors
Matthew Bortnick, associate director at Tel Aviv-based Beauchamp Estates, said Israeli investors are keen to make forays into the UAE property market.
09/01/2020
QSE declines by more than 77 points as Gulf funds square off their position
A total of 38,830 exchange traded funds (both QATR and QETF) valued at QR133,484 changed hands across eight transactions; while in the debt market, there was no trading of sovereign bonds and treasury bills.
09/01/2020
UAE banks' investments in debt securities hit $72bln in June
The banks' investments in stocks were lowered by 15.4%
09/01/2020
Bupa Investments raises stake in Saudi's Bupa Arabia for $134mln
Nazer Group to remain 'long-term shareholder'
09/01/2020
Dubai plans comeback to international debt markets
The planned deals will be of benchmark size, which generally means upwards of $500 million, as part of a $6 billion sukuk issuance programme and of a $5bn bond issuance programme.