08/29/2019
Demica launches Saudi British Bank’s supply chain finance platform
Riyadh-based lender SABB is 40 percent owned by HSBC Holdings.
Alternative Investments
08/28/2019
Investors hail Egypt’s economic turnaround: Financial Times
“The challenge for President Abdel Fatah al-Sisi, a former general who ousted his elected predecessor in 2013, is to turn the country’s macroeconomic improvements into prosperity for its 100m people.
08/27/2019
German insurance firm Allianz invested more than 1B euros in Turkey
The company will focus on the Allianz Technical Earthquake and Fire Testing and Training Center this year
08/27/2019
Marc affirms state of Kuwait's sovereign rating at AAA
The rating reflects Kuwait's stable economic system backed by sizeable hydrocarbon reserves, and robust fiscal and external buffers
08/27/2019
GCC Debt Issuance Climbs to Record High This Year
Issuance was dominated by sovereigns and quasi-sovereigns, with funding for strategic investments by sovereign wealth funds and state-owned enterprises a strong driver,’ National Bank of Kuwait said in a research report.
08/23/2019
Banks globally are cashing in. How are GCC’s private sector banks doing?
Profits in banking have been steadily on the rise since the financial crisis.
08/23/2019
The bond between the UAE and India is timeles
Narendra Modi's launching of RuPay during his visit to the UAE is a reminder of the close human and economic ties that bring the two nations together
08/23/2019
Egypt Cuts Rates First Time in Six Months After Inflation Relief
Deposit rate cut more than most analysts predicted to 14.25%
08/23/2019
Qatar banking sector shifts towards digital technology: OBG
“Globalisation and new cost structures, as well as digitalisation and consumerism, are pushing banks to redefine the business model in order to address pressures and sustain growth.”
08/22/2019
Kuwaitis third largest home real estate buyers in Turkey
The number of properties sold to foreigners in Turkey has skyrocketed this year, with an increase of 68.9 percent, the country's statistical institute revealed.
08/22/2019
Reflecting the new brand strategy Sohar international announces its new corporate website
Continuing to fulfil its vision to become a world-leading Omani service company, Sohar International announced its new corporate website, that has been carefully crafted and developed with the sole purpose of providing users with more convenience and a sm
08/21/2019
OPC prepares for Dubai 2020 Expo
“The most important part was not about participation at the major event, but the preparatory work that different sectors should do to attract investors.
08/21/2019
Saudi Arabia selling the Aramco IPO, yet again
The IPO has never been about raising capital for the company but rather for the enormous spending requirements of the state.
08/21/2019
IBC Group intends to acquire some 10,000 premier properties in Dubai
With the S&P Global Ratings forecasting growth in the real estate and hospitality sectors by 2020, this IBC Group venture comes at an opportune time.
08/21/2019
Scottish Gas HQ sold to Middle East investors for £26.9m
It has now secured the award-winning Foster and Partners-designed office building on the Edinburgh waterfront.
08/20/2019
Corporates and SMEs – the banking landscape going forward
All about IBPC’s Banking, Financial Services & Insurance focus group
08/20/2019
Shuaa action propels DFM to Dh1b single-day trade
Stock market has had a stellar run in the year so far, with double-digit gains
08/20/2019
UAE's Finablr reports 9.1% jump in first-half adjusted income
The company reaffirms IPO guidance in first financial results since its trading debut in May
08/19/2019
Dubai to spend over $75.4mln on green projects for Expo 2020
The Expo has allocated an area of 220,000 sq metres to a plant nursery
08/19/2019
Empower initiates summer awareness campaign to foster green economy
The firm recommends periodic maintenance of air conditioners, and that chillers are set to a fixed 24 degrees.