05/31/2020
France's Natixis enters Saudi Arabia to expand regional footprint
The bank will offer investment banking and capital market products to clients from its Riyadh office
Alternative Investments
05/29/2020
Amlak Finance unable to complete debt restructuring agreement
"While 26 of the company's financiers have signed the said agreement, in return, one financier has abstained to sign it. Accordingly, agreement cannot be executed," company said
05/28/2020
Investcorp raises $372mln to invest in Italy's NPL market
Fund will be used to acquire loans at 'significant' discounts
05/28/2020
Virus pressure tests Saudi Arabia reforms as Aramco has Forbes debut
Saudi Aramco debuted on the prestigious Forbes list after completing the world’s largest initial public offering last year
05/28/2020
UAE property owners beware - Developers reclassifying projects will cost them
Delays on 'hotel apartment' projects will expose buyers to high VAT payouts
05/27/2020
Qatar SMEs seen continuing on ‘path of success’ after Covid-19
From a short term perspective, Engels highlighted that the health of employees and customers has the highest priority.
05/27/2020
World's top 2,000 list includes 40 Arab companies; Aramco ranked 5th
Saudi Aramco is currently the most profitable company worldwide
05/26/2020
Dhaka project to aid SMEs in Bahrain on way
Around 500 Bangladeshis own commercial registrations for SMEs in the service, trading and general maintenance sectors in Bahrain
05/26/2020
MENA countries score high in G20 low carbon project investment
Although Middle East leads in the production of global oil and gas, it was identified as the second most popular region, for low-carbon investment by G20 respondents.
05/26/2020
Qatar tops GCC sovereign issuances in Q2: NBK
Qatar accounts for $10bn of the total $24bn GCC sovereign issuances; country issuances in three tranches with maturities ranging from five to 30 years
05/25/2020
Investors pulled £9m a day from Barnett’s funds
The outflows, coupled with poor performance and negative market movements due to the coronavirus crisis
05/25/2020
Saudi Arabia: 20% Rise in Foreign Investment Licenses in Q1 2020
Economists confirmed to Asharq Al-Awsat that the high volume of licenses for investment during the pandemic confirms that Saudi Arabia attracts investors and offers them many opportunities.
05/25/2020
Extension of bank guarantees for private sector brightens QSE prospects
The market witnessed 10% shrinkage in the industrials sector’s trade volume to 224.77mn equities but on 10% expansion in value to QR366.3mn and 2% in deals to 8,525.
05/25/2020
Qatar real estate market may shift towards 'better value proposition and affordability', says KPMG
Projects in early stages of design could witness realignment to current market conditions, such as change in design, size and/or postponement, KPMG noted in its report on the "Potential Impact of Covid-19 on the Qatar Economy".
05/24/2020
From residential to living - the housing market in Dubai goes alternative
New sectors are developing to cater for the changing demands of tenants
05/23/2020
Qatar Offers Turkey $10Bn to Curb Lira’s Collapse
The government has been on ongoing negotiations with G20 nations since April 10, without reaching any solution.
05/22/2020
Abu Dhabi's Aldar sees steady revenues, but profits dip in Q1-2020
But offplan sales held up well, though asset management division felt COVID-19's impactc
05/22/2020
Al Ahlia Insurance makes insurance purchase simple, easy and safe
Al Ahlia offers the convenience of buying through their online platform, call centre or WhatsApp
05/22/2020
A 70% chance for global growth in 2021, says Abu Dhabi's Mubadala
Rates there is a good chance for a 5% upturn next year after a period of stagnation
05/22/2020
SALAMA announces AED 13.65 million profit for Q1 2020
The Gross Written Contribution grew by 26% to reach AED 441 million in Q1 2020 compared to AED 351 million in Q1 2019.