11/17/2020
DFM achieves 97% compliance in listed companies’ disclosure of Q3-2020 results
The Exchange submitted a detailed report to the UAE Securities and Commodities Authority
Alternative Investments
11/17/2020
Abu Dhabi leads most Gulf markets higher
Most Gulf markets rose on Monday, with Abu Dhabi leading the gains
11/17/2020
Investcorp acquires Viz Branz
China and Southeast Asia's leading instant cereal and coffee company
11/17/2020
Al Fikra Competition winners honoured during Qatar Entrepreneurship Conference
This year, the top three award winners were Snoonu, Qatar German Gasket Factory, and Central Ventilation Systems.
11/17/2020
UAE businesses could do with some more time to sort themselves out in post-COVID-19 world
But cost of capital is still a thorny issue for most, and that could do with change
11/17/2020
Gulf investors, Brits snap up DAMAC's Versace-designed London tower
Luxury property now 60% sold, says UAE-based developer
11/17/2020
National Bank of Kuwait markets $300mln in Tier 2 bonds - sources
Citi and NBK Capital are arranging the deal, which is expected to close later on Tuesday
11/17/2020
HSBC expects Bahrain to build back better
In the GCC, oil exporters have faced the additional challenge of low oil prices
11/17/2020
ACCA and Al Tamimi & Co. sign a formal partnership agreement
ACCA and Al Tamimi share a common purpose to advance the reputation and profession and drive growth within the legal and accounting profession
11/16/2020
Bank of Sharjah announces financial results for the period ended 30 September 2020
Asset quality and other metrics remain healthy as a result of strict adherence to maintaining a disciplined and focused approach to lending, recovery and funding
11/16/2020
Anaam International rights issue 89.10% subscribed
The remaining offering process will take place from November 17 to 18
11/16/2020
QFZA Chairman showcases Qatar’s attractive investment climate in Los Angeles event
The Minister of State also highlighted many incentives that Qatar offers to investors when starting their projects or businesses in the country.
11/16/2020
Zakat, Waqf, and Social Sukuk Can Support Long-Term Growth of Islamic Finance: S&P
However, S&P Global stated that to benefit from the proposed measures and create sustainable growth opportunities, the sector requires strong and decisive reforms and effective coordination amongst different sector stakeholders.
11/16/2020
UAE takaful insurer Aman's Q3 net profit up 14pc
Aman has written a gross contribution of AED173.2 million for the Q3 and has shown a profit of AED 600,000 attributable to policyholders.
11/16/2020
UAE in strong position to become global leader in developing Islamic Economy: Dubai Crown Prince
Speaking about the global impact of the COVID-19 pandemic, Sheikh Hamdan pointed out that the Islamic Economy sector has the potential to lead post-pandemic global economic recovery.
11/13/2020
GFH reports net profit of US$23.17 million attributed to shareholders for the first nine months of 2020
The Group reported net profit attributable to shareholders of US$8.11 million for the third quarter of 2020 compared with US$19.84 million in the third quarter of 2019, a decrease of 59.1%.
11/13/2020
State investors help plug Saudi Arabia's yawning deficit
In normal times the funding of the government from its own related entities may cause concern over transparency of the ultimate debt figure and over the autonomy of those related entities.
11/12/2020
Shuaa Capital delivers solid Q3 performance, with Q3 net profit of $16.97mln
The Group also saw continued strong EBITDA generation with Q3-2020 EBITDA standing at $31.06mln
11/12/2020
Third quarter revenues propel Waha capital into profit
Net profit (attributable to owners of the company) of AED 86 million in 3Q20, against net loss of AED 205 million in 3Q19
11/12/2020
Kuwait’s $124bn pension fund plans infrastructure boost
The new plan, developed with US-based consultancy Mercer, will start next year