02/04/2020
China virus may further subdue Gulf bond sales in 2020
2019 was record year for Gulf debt markets
Alternative Investments
02/04/2020
Dubai Investments' full-year profit edges up on higher operating income
Company's total assets increase by 7 per cent to Dh20.9bn in 2019
02/04/2020
Geopolitics can be a headache for UAE banks in 2020
Performance-wise, sector is in for another resilient turn with stable credit growth
02/03/2020
UAE allocates US$2b for investment in Mauritania: state media
Mauritania's defence ministry on Thursday denied media reports that the UAE was constructing a military base in the country.
02/03/2020
UAE’s real estate funds bide their time
They are waiting to ride out market downturn before going big and wide
01/31/2020
How Abu Dhabi property prices, rents fared in 2019
Average Abu Dhabi property values have fallen by 11 percent during 2019, according to ValuStrat
01/31/2020
First REIT launched in the UAE to support 'green' investment
Masdar, a subsidiary of Mubadala Investment Company, has announced the launch of a sustainable real estate investment trust
01/31/2020
Lebanon central bank chief says $1bn sent abroad
Governor Riad Salameh's comments came amid suspicions of politically motivated capital flight that are the subject of a probe launched late December
01/30/2020
Middle East's $4.5B Cloud Applications Market by Application, Organization Size, Vertical, and Country - Forecast to 2024
In this region, the Banking, Financial Services, and Insurance (BFSI), government, and energy and utilities verticals are shifting toward the adoption of cloud computing services rapidly.
01/30/2020
UAE-Luxembourg looks to increase trade in key industries
Dubai's non-oil trade with Luxembourg increased 35% to $69mln in 2018
01/30/2020
Saudi Arabia’s direct investment in Egypt records $69.3M in Q1 of 2019/20
The fiscal year in Egypt begins in early July of each year until the end of June of the following year.
01/30/2020
Strong Market, Low Interest Rates Drive Middle East Investments in US Real Estate to Double
Their new investment in the US market accounted for 15.4% of all global cross-border property investment, up from 7.2% in the earlier timeframe.
01/29/2020
Bahrain Bourse joins Tawasul in new services push
‘Tawasul’ is an easy-to-use system that enables users to submit any enquiry, suggestion or complaint to Bahrain Bourse
01/29/2020
Watershed moment: As renewables rise, world must brace for era of disruption
The renewables revolution could lead to political upheaval, social fractures and economic crises if states fail to take bold decisions and cooperate with each other.
01/29/2020
Empower annual profit up 8.3% to $237million
The number of buildings that Empower provides with district cooling services now exceeds 1,180 and its customer base has grown to more than 120,000.
01/28/2020
Largest French business team visits Saudi Arabia
The delegation is composed of 100 representatives from 80 French companies.
01/27/2020
AXA weighs options for its Middle Eastern operations
AXA has been pivoting away from capital-heavy life insurance and selling less profitable businesses across the globe.
01/27/2020
Saudi wealth fund PIF plans to buy soccer team Newcastle United
A final deal could be days or weeks away. The tentative deal could still break down, the report said
01/27/2020
UAE guiding principles on sustainable finance credit positive for banks
As a major oil exporter, the UAE's environmental risks are predominantly related to carbon transition, despite sizable supportive financial buffers.
01/27/2020
Dubai launching 'crypto valley' in tax-free zone
The new crypto valley is expected to become the largest ecosystem in the world for cryptographic and blockchain technology.