08/29/2019
Ras Al Khaimah launches UAE's first business package for female enterpreneurs
Ras Al Khaimah Economic Zone reveals the Businesswomen Package, a first-of-its-kind product in the UAE designed exclusively for women
Alternative Investments
08/29/2019
More Saudis investing in Dubai real estate, says developer Azizi
Azizi Developments has recorded an 8% increase in sales to investors from Saudi Arabia this year compared to 2018
08/29/2019
Qatar’s reserve grew 18.8% in July
Qatar’s reserve assets consist of gold, balances with foreign banks, foreign bonds and treasury bills, IMF SDR deposits and other foreign currency liquid assets.
08/29/2019
UAB finances 100% of Emirati citizens housing with repayment period up to 25 years
Al Yusr program is one of MBRHE's initiatives aiming to provide financial options for UAE national beneficiaries to obtain MBRHE-owned ready properties via partner banks
08/29/2019
Equitativa looking at deploying funds in real estate acquisitions for Emirates REIT
Emirates REIT witnessed an increase of 9.1% in its net property income for the first half of this year
08/29/2019
Senior partner for top global management consulting firm offers inspiring approach to economic development in the Middle East
Vision 2030 is intended to reduce Saudi Arabia's dependence on oil while diversifying its economy, in part via development of public service sectors including health and education, as well as infrastructure, tourism, and recreation
08/29/2019
Banks hurt Saudi; other major Gulf markets up
In Qatar, the index increased 0.8%, led by a 2% rise in lender Masraf Al Rayan and a 1.4% gain in Industries Qatar .
08/29/2019
MSM-listed firms lead earnings GROWTH in GCC stock markets
Qatari and Bahraini companies also witnessed year-on-year declines in earnings during the second quarter to the tune of 8.7 per cent and 11.2 per cent, respectively.
08/29/2019
Demica launches Saudi British Bank’s supply chain finance platform
Riyadh-based lender SABB is 40 percent owned by HSBC Holdings.
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.