10/16/2019
Aldar investment unit sees strong demand for $500m sukuk
Aldar Investment Properties announced on Wednesday the successful placement of a fixed rate $500 million dollar-denominated sukuk
Alternative Investments
10/16/2019
Al Waha invests in Beijing-based MSA Capital
Both China and Bahrain offer a substantial pool of tech talent, startup capital and digitally minded consumers, so the scope for further building this relationship is substantial,” said Areije Al Shakar, fund director at Al Waha Fund of Funds.
10/15/2019
DAFZA adds 12 per cent to Dubai’s foreign trade in first half of 2019
The results of the first half of 2019 confirmed the success of DAFZA in achieving high growth rates compared to the same period last year, where it achieved a growth of 8% in the total value of foreign trade which exceeded Dhs78 billion
10/15/2019
MENA fund managers boost Egypt investments despite troubles, stable elsewhere: Reuters poll
However, last month's protests, rare during the tenure of President Abdel Fattah al-Sisi, showed that much of the population has yet to benefit from years of economic reforms.
10/15/2019
ADNOC seeks to expand its strategic partnerships
ADNOC is making smarter use of its capital and more proactively managing its portfolio of assets, “we will develop additional opportunities for investors and partners focused on value and who share our values,” said H.E. Dr. Al Jaber.
10/15/2019
Banks invest AED10.3 billion in bonds over eight months
The UAE Central Bank cut its key interest rate in August for the second time in 2019, in response to a similar move by the United States Federal Reserve.
10/15/2019
Opportunity Knocks: Nine Business Sectors That Entrepreneurs Can Capitalize On In KSA
Nine sectors of opportunity for aspiring entrepreneurs and startups in Saudi Arabia to consider (and what investors are looking for).
10/15/2019
UAE's Sharjah emirate hires banks for dollar Islamic bonds
Other banks involved in the deal are Dubai Islamic Bank, Emirates NBD Capital, Sharjah Islamic Bank and Standard Chartered, according to the document.
10/15/2019
GCC markets muted but indicators stay positive
Economic reforms and stimulus packages have propped up investor confidence in the region’s capital markets.
10/14/2019
Banks seize 101-floor Dubai skyscraper after developer defaults
Construction on what is currently the tallest building in the prestigious Dubai Marina, the world's largest man-made marina, and the second highest building in Dubai after the Burj Khalifa, began in 2007.
10/14/2019
Real estate market in UAE shows positive signs: ICAEW
Speakers at the roundtable agreed that the UAE real estate landscape is maturing and expected to recover post Expo 2020.
10/14/2019
Wall Street Exchange inaugurates new store in Satwa Plaza
The store opening in Satwa area is in accord with the growing expat communities that are highly populated by the top 3 remitting countries - Philippines, India and Pakistan
10/14/2019
Why Middle Eastern private capital is hungry for investment
Kuwaiti and Bahraini capital has accounted for the lion’s share of transactions carried out in the first six months of this year, with deal sizes ranging from US$7 million to US$200 million.
10/13/2019
Malaysia Attracts Qatari Investments in Vital Economic Fields
Kuwari stressed the need to pursue joint efforts at the government level to enhance trade and investment
10/13/2019
Edamah Signs a BD 4.5 Million Financing Agreement With KHCB for Salmaniya Carpark Development
The project is set to be completed by the year 2020.
10/11/2019
Abu Dhabi's Arabtec, Trojan hire advisors for potential merger-sources
The Gulf construction sector has slumped since a collapse in oil prices four years ago forced governments to rein in spending, leading to a debt crunch at some companies that operate across the Middle East.
10/10/2019
Saudi developer Dar Al Arkan sells $600 mln in Islamic bonds
The paper, which is due in 2025 and has attracted orders of more than $1.6 billion, offers investors a profit rate of 7%,
10/09/2019
Sudan receives $1.5bn from Saudi Arabia, UAE
Sudan’s economy has been struggling since the south seceded in 2011, taking with it three-quarters of the country’s oil output and depriving Khartoum of a key source of foreign currency.
10/09/2019
Russia sovereign fund opens Saudi office ahead of Vladimir Putin visit
Russian Direct Investment Fund said it hoped to boost bilateral cooperation in economic and other spheres by setting up shop in Saudi Arabia
10/08/2019
Saudi Arabia seeks to ease path for foreign listings
The kingdom has struggled to attract issuers since push in 2012