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.
Alternative Investments
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.
08/19/2019
China’s appetite for Dubai properties is increasing
With almost 100K daily visits to the platform, dubizzle Property has also identified that Chinese nationals were among the top 20 nationalities searching for properties on the platform in the first three quarters of 2018.
08/19/2019
Banks lift Saudi as most major Gulf markets rise
Saudi Arabia’s index advanced 1% with most of its banking stocks trading positively.
08/18/2019
Dubai to witness Middle East's first dinosaur auction with initial value of Dh14 million
The online auction will be staged by Emirates Auction, the leading company in the field of auctions in the Middle East which specialises in organising and managing public and electronic auctions, at a starting value of Dhs 14.6 million and will end on Aug
08/16/2019
IBC Group contracts BHHS Gulf Properties for an advisory brokerage role
With this strategic partnership with BHHS for leveraging their expertise, IBC Group aims to become a key influencer in building the confidence in the Real Estate industry across the Middle East.
08/16/2019
QSE witnesses weakened buying interests of local retail investors, domestic funds
Trade turnover and volumes were on the increase on the bourse, where banking, industrials and realty sectors together accounted for more than 77% of the total volume.
08/16/2019
Abyaar Real Estate swings to losses in Q2
The company attributed the hike in the losses to a settlement with a bank, in addition to selling its stake in a land plot.
08/15/2019
Damac posts Dh1.9b in H1 revenue
Hussain Sajwani, chairman of Damac Properties, said that the first half witnessed events like the launch of the developer's latest project, Zada, in Business Bay and the first handover in Akoya.
08/15/2019
Most major Gulf markets open higher after Eid break
In Qatar, the index advanced 0.5%, led by a 1.5% rise in the Gulf's largest lender Qatar National Bank and a 0.9% gain in Qatar Islamic Bank .
08/15/2019
Insurance, banking and industrials counters witness selling pressure on QSE
Market capitalisation stood at QR532.15bn, mainly owing to selling in the large and midcap segments.
08/15/2019
UAE's IBC eyes $5bn deal to acquire 10,000 Dubai holiday homes
IBC Group says purchase of thousands of Dubai holiday homes will be financed through Islamic bond
08/15/2019
Waha Capital reports Dh124 million Q2 2019 net loss
Half-year results also showed total income from asset management reaching Dh395m
08/15/2019
GCC sovereigns will continue to run fiscal deficits, says Moody's
Economic reforms have been 'uneven' across the region, according to a new report from Moody's