05/20/2019
Qatari banks under pressure from collapsing property market
Ratings agency Fitch says rentals in Qatar have fallen 20% over the past 3 years, again similar to Dubai and Abu Dhabi, and echoed around the rest of the region.
Alternative Investments
05/20/2019
Miral Closes Two Residential Plot Sales at Yas Bay
Siadah International Real Estate Development brings two residential buildings to Yas Island
05/20/2019
CI Capital Asset Management managed equity funds "Estithmar" and "Halal" awarded 6 prestigious awards
"Best Equity Funds" in 2019 for its 3 and 5 years cumulative performances" in 2019 by Lipper Fund Awards by Refinitv - Thomson Reuters
05/20/2019
Dubai ends lower on property, banking as Gulf markets mixed
Arabtec Construction shares closed at a limit down of 10% after it reported a halving in first-quarter profit last week and the departure of its chief executive.
05/20/2019
Qatar shares close flat as local retail investors turn bearish
Islamic equities were seen declining vis-a-vis gains in the main index in the market, where the Gulf funds continued to be net buyers but with lesser intensity.
05/17/2019
London firm to invest $440mln in Oman algae farm
The initiative will enable Oman’s entry into the booming multibillion dollar global algae farming industry
05/17/2019
New system to boost UAE finance sectors's integrity
The new system "will not affect the customers of banks since it is not applicable to them", the central bank said
05/16/2019
Standard Chartered launches the world’s first Sustainable Deposit
Our new product will bring more private capital to where it matters most
05/16/2019
Expatriates in UAE elated over planned pension funds
A recent survey revealed that majority of expatriates do not have realistic retirement plans when they finish working.
05/16/2019
Emirates posts $631m profit, awards $136 million dividend
“Higher oil prices and the strengthened U.S. dollar eroded our earnings, even as competition intensified in our key markets.
05/16/2019
Almost two-thirds of GCC expats don't seek financial advice in first two years: research
Those living abroad for more than two years seem to start think more closely about their financial planning accordingly.
05/15/2019
Aim for full financial inclusion in the Middle East
Even in high-growth economies as the GCC, gaps persist in creating banking for all
05/15/2019
Buying distressed properties in UAE: What you need to know
Here are things to know when property sold much below market price
05/15/2019
UAE firms keen to invest in Gwadar
“Pakistan and UAE need to work together to further upgrade their ties aiming at developing strategic partnership,” an official statement quoted the envoy as saying.
05/15/2019
ArgoGlobal expands Asia Pacific and Middle East A&H offering with TMK hire
He started his career at ACE and became head of A&H brokerage and underwriting in 2007.
05/15/2019
Zurich: Swiss insurer looks to gain bigger share of region's life industry
Despite criticism of some of its products, the firm's UAE chief Walter Jopp says it is committed to the Middle East
05/15/2019
UAE bank Liv. is giving away a private island
Sponsored: One lucky customer will win the mega prize
05/15/2019
DAMAC's first-quarter profits drop 94% as Dubai property market slumps
Dubai property prices have fallen since a mid-2014 peak, hurt by weaker oil prices and muted sales
05/15/2019
UAE's Finablr shares down as much 5% after London market debut
Finablr was priced at 175 pence per share but fell to a low of 166.16 pence on Wednesday
05/14/2019
UAE's Finablr extends IPO closing by a day to May 14: sources
The move came after global stock markets tumbled on Monday as the trade dispute between the United States and China escalated.