03/04/2020
Coronavirus impact: Investments in Dubai's DGCX spike over demand for safe assets
Year-to-date volume hits 773.6% growth, says DGCX
Alternative Investments
03/04/2020
Qatar’s share of foreign investments in Kuwait amounts to 40%: Official
Al-Wazzan pointed out that the preliminary figures showed the volume of trade exchange between the two countries was estimated to be at $293mn for the first nine months of 2019.
03/04/2020
QSE snaps six days of bearish spell to climb 43 points, lifted by real estate, telecom sectors
The real estate index soared 1.62%, telecom (1.52%), transport (0.91%), banks and financial services (0.83%) and consumer goods (0.29%); while insurance and industrials declined 0.81% and 0.06% respectively.
03/04/2020
UAE, Saudi and Bahrain lower interest rates in line with Fed move over virus outbreak
Central banks in the GCC matched the Fed’s half-percentage point cut
03/04/2020
Middle East sovereigns must follow Egypt's green example
After all, almost all of the green or sustainability-linked bonds and loans raised in MENA have originated from the Gulf and in particular, the UAE.
03/03/2020
GFH properties announces signing of top international retail brands to Harbour row
New retail area set to feature exciting and diverse mix of regional and global F&B and retail destinations
03/03/2020
Saudi's SEDCO Capital fund eyes $240mln property acquisition
Portfolio consists of 10 properties between Saudi capital and Eastern region
03/02/2020
Bahrain's Tamkeen launches new Solar Financing Scheme
Part of Tamkeen’s Tamweel Scheme, it aims to empower enterprises and enable them to purchase solar energy panels to generate energy
03/02/2020
Norway’s sovereign fund raises investments in GCC markets
The UAE accounted for 26.6% of the fund’s investments by the end of 2019
03/02/2020
Nasdaq Dubai welcomes listing of $2 billion Sukuk by Islamic Development Bank
Dubai is one of the largest centres globally for Sukuk listings by value at $68.355 billion.
03/01/2020
Abu Dhabi Wealth Fund Weighs Deal in Shetty’s Troubled NMC
Mubadala held early talks for stake in U.A.E. health-care firm
03/01/2020
Gulf Islamic Investment buys property in New York state
The latest deal brings the value of GII's real estate portfolio in the US to more than $230 million
02/28/2020
Indonesia urges Saudi Arabia to invest in sovereign wealth fund
The sovereign wealth fund will be used to finance the development of Indonesia’s new capital in East Kalimantan and/or projects in Aceh.
02/27/2020
Lebanon has more to worry about than $31bn maturing Eurobonds
Falling reserves and inflows have led to a shortage of foreign exchange in Lebanon, disrupting the financial system
02/27/2020
Abu Dhabi Finance seals Aldar partnership deal
The aim of the collaboration between ADF and Aldar is to provide a market-beating offer that ensures that owning property in the UAE’s capital is as accessible as possible.
02/27/2020
Saudi Arabia’s Dar Al-Arkan lists $400m sukuk on Nasdaq Dubai
It raises Dar Al-Arkan’s total sukuk value listed on Nasdaq Dubai to $2bn
02/26/2020
Chinese investment in UAE realty on back burner
Developers not banking on Chinese buyers in new projects for now owing to Covid-19
02/26/2020
Bahrain's GFH lists $300 sukuk to support expansion plans
Jassim Alseddiqi, chairman of GFH Financial Group, rings the market opening bell at Nasdaq Dubai to celebrate the listing
02/26/2020
Bahrain’s Investcorp acquires two US properties for $164m
Its global multifamily property portfolio is currently valued at approximately $2.3bn
02/26/2020
Qatar Foundation helps to grow the game of golf in Qatar
Golf is a sport, which a lot of people don’t actually realise – it’s good for your health.