09/30/2019
Regional investor relations professionals recognized
The event recognized the achievements of winners in three main categories including the best IR teams, annual reports and IR websites in the Middle East.
Alternative Investments
09/27/2019
Advantage Arada: Sharjah developer to deliver mega project in 2020; eyes Saudi expansion
Aljada has been billed as the largest mixed-use development in Sharjah
09/27/2019
Azizi Developments bullish on the property market as it eyes expansion
The Dubai developer plans to start projects in Saudi Arabia, North America and Europe as well as other emirates in the UAE
09/26/2019
Fitch warns of Dubai debt held by banks
Property prices in Dubai, the country’s tourist and financial services hub, have fallen 27 percent since a five-year peak in October 2014.
09/26/2019
Portuguese developer targets GCC with investor-friendly, tax-efficient luxury real estate proposition
Middle East roadshow to showcase Monte Rei's million-dollar state-of-the-art homes as well as the award-winning Jack Nicklaus signature golf course and country club
09/26/2019
10 reasons why UAE is the region's fastest growing e-commerce market
Growth in e-commerce comes as digital becomes the future in the UAE
09/26/2019
Aramco demands one-billion-dollar loan days after Houthis’ attack
Saudi Aramco has mandated nine banks to take on leading roles in its initial public offering, the sources said.
09/26/2019
Abu Dhabi’s TAQA to raise $500mln in 30-year bonds
TAQA has hired BNP Paribas, First Abu Dhabi Bank, JPMorgan, MUFG, Société Générale and Standard Chartered Bank to arrange the dealTAQA has hired BNP Paribas, First Abu Dhabi Bank, JPMorgan, MUFG, Société Gé
09/25/2019
Adnoc Drilling completes first offshore IDS well
The new offshore well, which was completed ahead of schedule and within budget, was delivered to Adnoc Offshore.
09/25/2019
Savills reveals over 60% growth in outbound investment from Middle East
As capital flows across borders, London has traditionally held the top spot as the most popular city for global investors, keen to take advantage of currency exchange rates.
09/25/2019
HSBC sees rising investments from Middle Eastern investors in Asian equities
Asian markets offer investors opportunities to deploy 'big amounts of money', HSBC's head of Asian and Indian equities says
09/25/2019
Fitch Rates Bahrain's New Sukuk Programme 'BB-'
The rating is in line with Bahrain's Long-Term Foreign-Currency Issuer Default Rating, which we affirmed at 'BB-' with a Stable Outlook in February 2019.
09/24/2019
Abu Dhabi mandates banks for 5, 10, 30-year U.S. dollar bonds-document
Reuters had reported earlier this month that Abu Dhabi plans to issue U.S. dollar-denominated bonds this year, citing sources, its first since 2017 as the oil-rich emirate seeks to take advantage of low rates to offset the impact of volatile oil prices.
09/24/2019
Insurance industry must tackle gender balance
Both the Middle East and the Americas highlighted gender equality as a key barrier to overcome, while mental health sits high on the agenda for Europe and the UK, Dive In said.
09/24/2019
Cityscape global opens Wednesday with investors eyeing Mid East prospects
Maturing Middle East investors estimated to have spent US $15 BN on global real estate in the last year
09/24/2019
Bankers Decamp to Saudi Arabia as Aramco IPO Work Heats Up
Bankers have been working around the clock on the IPO since being hired, with the aim of having everything ready for Aramco to list as soon as November if the company decides to proceed, the people said.
09/24/2019
Dubai’s government-owned developers must now focus on rentals
Private players must be given space to compete in freehold space, says Sobha chief
09/24/2019
Fitch predicts property weakness to hit UAE bank assets, loan restructurings
The UAE, home to the world’s tallest tower, the Burj Khalifa, has faced a sharp real estate slowdown due to oversupply and weaker investment appetite amid lower oil prices.
09/23/2019
South Africa best gateway for Qatari firms to $2.2trn market
“South Africa is a resource-rich country. It is emerging as a new land of opportunities and can be a best gateway for the Qatari companies that are looking forward to expand their foothold in Africa and have hassle-free market access,” he said
09/23/2019
EIB’s investments in Egypt hit $11.56bln to date
The bank has invested in several infrastructure projects in Egypt in addition to providing funding to small- and medium-sized enterprises