10/29/2019
Third annual Future Investment Initiative opens in Riyadh
The PIF chief in his opening address earlier said the Future Investment Initiative has evolved from just an annual gathering to become a hub for building relationships.
Alternative Investments
10/29/2019
New infrastructure opportunities for the Middle East in Asia
The Middle East, North Africa and Turkey region is the connecting point for three continents, giving it the opportunity to play a pivotal part in the BRI vision.
10/28/2019
Dubai opens doors to business startups
The hub offers incubation to budding entrepreneurs who are equipped with market-related skills and access to deal makers, after making the cut from hundreds of applicants from different countries.
10/25/2019
Mubadala-owned investment company hires banks for dollar bonds
Citi, Deutsche Bank, First Abu Dhabi Bank, HSBC, JPMorgan and SMBC Nikko have been hired to arrange fixed income investor meetings in London
10/24/2019
QSE remains below 10,400 levels on selling pressure
Trade turnover declined amidst higher volumes in the bourse, where consumer goods, banking and industrials sectors together accounted for more than 76% of the total volume.
10/24/2019
London prime property demand from UAE to remain high even after Brexit: Analysts
According to Knight Frank, ultra-high net worth individuals allocated $3.3 billion to property market in London last year.
10/24/2019
Dubai's Averda hires banks to arrange $325mln bond- document
Barclays, Citi and HSBC have been hired as coordinators for the deal
10/24/2019
UAE leads Middle East in ease of doing business ranking
Country an inspiration for neighbours in economic reforms
10/24/2019
Damac acquires land in Dubai for Dh285 million
Company buys plots in Business Bay and Al Sufouh from related parties
10/23/2019
Middle Eastern investor buys office building in downtown Bucharest
The value of the transaction was not disclosed.
10/23/2019
UAE banks propose lending caps amid slowdown in property sector
New measure is to protect the whole economy and banking sector, says Abdul Aziz Al Ghurair, head of the UAE Banks Federation
10/23/2019
Egypt- 20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE's mortgage finance initiative
The report noted that the Commercial International Bank (CIB) has pumped funds of EGP 1.1bn to 10,300 clients and the Industrial Development Bank provided EGP 1.02bn for 10,000 clients.
10/23/2019
India’s banking and real estate woes to hurt Gulf NRIs
Slump in India’s real estate values and safety of deposits worry NRI investors
10/23/2019
Saudi Arabia sells $2.5bln sukuk, gets hefty demand
Orders for the deal had peaked to nearly $14 billion
10/23/2019
Qatari accountants association honours Investment House
Darwish emphasised the great role played by Qatar Central Bank and the concerned authorities to support the financial and investment sector and apply the best standards that provided full protection to the financial sector against any external challenges
10/22/2019
Qatar's FDI potential highlighted in US
This growth unlocked many investment opportunities in the country, and has already attracted the attention of foreign investors interested in establishing themselves in the Middle East,” said IPAQ chief executive Sheikh Ali al-Waleed al-Thani.
10/22/2019
Abu Dhabi Ports starts work on Marsa Mina waterfront project
Marsa Mina is expected to be completed and open to the public in the first quarter of 2020
10/22/2019
SoftBank to focus on AI and machine learning in hunt for new 'unicorns'
‘Companies may have to stay private for longer’ amid profitability debate, Faisal Rehman says
10/22/2019
Mubadala launches $150 million fund of funds and $100 million direct fund, to invest in startups in MENA
In addition to the fund of funds, Mubadala has also announced the launch of its $100 million direct fund that will invest in early-stage technology startups that are “committed to being part of Hub71 ecosystem.”
10/22/2019
DGCX welcomes RAKBANK to the exchange, underpinning its expanding member community
RAKBANK went live as a Trade Member on 10th of October, executing its first trades in the Indian Rupee-Dollar Futures contract