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
Alternative Investments
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.
10/18/2020
Why Gulf investment in US property will rise again after coronavirus crisis
Acquisition volume of Gulf investors in the United States fell 78% year-on-year between 2019 and 2020
10/16/2020
Saudi geologists aim to unlock Kingdom’s $1.3 trillion mineral wealth
The plan has a budget of SR2bn and is being driven by the Saudi Geological Survey which will survey an area of 600,000 km2 across the geological formation known as the Arabian Shield
10/16/2020
Dubai office market: Is this the best time to buy more space?
Knight Frank estimates suggest that there are 25 active projects within Dubai, with delivery dates up to 2024
10/16/2020
Employment rate in OECD countries fell to 64.6% in Q2 2020
In the euro area the employment rate decreased by 1.9% points, to 66.2% in the second quarter of 2020
10/16/2020
Turkish lira sliding as investors reject uncertainty, aggression – academic
The Turkish lira hit a fresh record low of 7.9591 per dollar last week.
10/16/2020
Standard Chartered and Experian drive financial inclusion
The success in India meant that Standard Chartered is now able to improve risk management for more clients who previously would have been underbanked.
10/15/2020
Self-employed can take unemployment pay from pension
Israel's Finance Ministry is allowing the self-employed to withdraw from private pension funds.
10/15/2020
Abu Dhabi Pension Fund, ADQ invest $2.1bln in ADNOC energy infrastructure deal
With the addition of domestic investors, ADNOC can also tap new pools of long-term equity capital
10/15/2020
Dubai's Arabtec asks banks for debt standstill for subsidiary, sources say
Arabtec told banks that Target had been identified as a sustainable business and could be protected from the collapse of the wider group if creditors agreed to a standstill, said three sources with direct knowledge of the matter.
10/15/2020
Global countries’ economic outputs painful but uneven. How will the UAE fare?
The IMF predicted on Tuesday that the world economy will shrink by 4.4% in 2020, a less severe contraction than it forecast in June.
10/14/2020
Emirates NBD Asset Management unveils 3 funds
New products target investors with cautious, moderate, aggressive profiles
10/14/2020
Buyers from the U.A.E. and U.S. Account for Highest Numbers of Mortgage Deals for U.K. Properties
Shoppers from Malaysia are purchasing the most-valuable homes
10/14/2020
Qatar ranks first worldwide on Digital Accessibility Rights Evaluation Index 2020
DARE Index 2020 data shows Qatar’s commitment toward the people with disabilities and including them digitally.
10/14/2020
Managing the Crisis: Financial restructuring from a tax perspective
Depending on the business model an organisation adopts, there is a set of tax considerations that are relevant in order to manage working capital.
10/14/2020
Abu Dhabi Wealth Fund Mubadala Expanding With Investment in Germany’s Evotec
Novo Holdings will also invest 50 million euros to subscribe to 2.3 million shares in the company at the same price, taking its stake to about 11%.
10/14/2020
Projects: Saudi plan to allow more foreign banks to benefit projects
Plan is in line with Vision 2030