12/18/2019
Dubai developer targets UK investors after Johnson election victory
Seven Tides plans to launch a week-long incentive for its Palm Jumeirah - Seven Palm project in wake of spike in Sterling's rise against US dollar
Alternative Investments
12/18/2019
Etihad Credit Insurance partners with HSBC to help UAE businesses and exporters access global markets
The MoU was signed by Massimo Falcioni, CEO of Etihad Credit Insurance, and Abdulfattah Sharaf, Chief Executive Officer, UAE and Head of International, HSBC, in the presence of senior officials from the two institutions
12/17/2019
Dubai property prices decline to 7-year low as transaction volumes approach record high
Property Monitor Dynamic Price Index for November shows a MoM change of -1.35% and a YoY change of -11.63% in property values
12/17/2019
Opinion: why Saudi Arabia is looking across the Red Sea towards Africa
The timing is perfect for Saudi Arabia and its African counterparts to leverage their respective synergies, says Isaac Kwaku Fokuo Jr
12/17/2019
Looking for a job in 2020? Opportunities, salaries you should expect in UAE, Saudi Arabia
Specific industries in the UAE are poised to experience significant market-range salary increases in 2020
12/16/2019
Qatar wealth fund buys 25.1% of India power firm for US$450 million
Adani Electricity Mumbai is the licensee of an integrated power distribution, transmission and generation business in Mumbai, where it holds 87% of the city’s electricity market.
12/15/2019
Jubail Island Investment Company awards $21million infrastructure works contract
Works cover utility infrastructure development, including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting.
12/15/2019
Pressure on UAE banks' profit margins to continue into Q4
The UAE banks' exposure to the real estate sector increased by 40 bps in Q3 2019, presenting a concentration risk
12/15/2019
KAMCO completes merger with Global Investment House
Kuwaiti company now boasts share capital of $112.5 million
12/13/2019
Sovereign Wealth: Technology's New Growth Engine
Sovereign wealth funds now maintain roughly $8 trillion in assets under management, even higher than the world’s hedge-fund or private-equity markets.
12/13/2019
UAE offers emerging European investors opportunities in an increasingly wide range of sectors
Croatia is already present in the country, thanks to the start-up STEMI, whose robots are teaching people from UAE how to programme, create 3D-models and their own mobile apps.
12/13/2019
Property magnate warns greed will lead to ‘disaster’ for Dubai’s housing market
Dubai’s economy grew at just 1.94% last year, its slowest pace since the dark days of the city’s near economic collapse in 2009.
12/12/2019
Mubadala looking for more investment opportunities in China — deputy CEO
US continues to be group’s main portfolio market with $100 billion in investments
12/12/2019
SoftBank invests $1.65 billion in supply chain finance. Why?
Following this initial $800 million investment, the SoftBank Vision Fund invested an additional $655 million in Greensill in October 2019, making a total of $1.455 billion.
12/12/2019
Qatar wealth fund to invest $450 mln in Adani power distribution arm
This is the second big investment in an Adani Group company after France’s Total SA decided to buy a stake in gas distribution company Adani Gas in October.
12/12/2019
Abu Dhabi Catalyst Partners announces three investments with aggregate capital commitment of $225 mn
All three investments involve meaningful commitments to a physical presence in the UAE’s capital and under the jurisdiction of Abu Dhabi Global Market, ADGM, the financial center that gives businesses operating across all sectors access to substanti
12/12/2019
Green Bonds: An option for UAE government to achieve its energy mix targets
Other than this, the UAE, along with other responsible countries, has engaged in a fight against climate change, and it strives to take actions on it.
12/12/2019
Dubai property sales reached an 11-year high in November
The Data Finder report added that the Dubai Land Department had also registered the sale of Burma Island, part of the World Islands, for Dhs112.77 million on Sunday December 8.
12/12/2019
New report reveals how the UAE economy will end 2019
Ministry of Economy releases economic forecasts for UAE
12/12/2019
Bahrain Football Team Get Gifts Worth More Than BD4 Million
Bahrain received US$3 million alone, around BD1.13 million, from the Gulf Cup’s organising committee – US$ 2 million was the grand prize for winning the tournament while the other US$ 1 million was for participating.