04/22/2019
Gulf Companies Record $69 Bn Profit in 2018- Report
Saudi market Tadawul, which alone accounts for 41.2 percent of the total net profit of GCC listed companies for FY2018, recorded a growth of 1.3 percent.
04/22/2019
Saudi market Tadawul, which alone accounts for 41.2 percent of the total net profit of GCC listed companies for FY2018, recorded a growth of 1.3 percent.
04/22/2019
The top lender in Abu Dhabi rose nearly 9 percent last week after obtaining regulatory approval to increase its foreign ownership limit to 40 percent from 25 percent.
04/18/2019
With total internet penetration surpassing 60 percent in the Middle East, representing more than 150 million users, Chinese venture capitalists and angel investors are starting to take notice of the region.
04/18/2019
Established in 2007 as a subsidiary of Gulf Insurance Group, gig-Kuwait was the first and only local specialized life and health insurance Company in Kuwait
04/17/2019
Key health risks: Cancer (47%) and heart attack (38%) top the list for customer benefits paid.
04/17/2019
A $100m security token sale by Sumner Group targeting Middle East investors could be a taste of things to come
04/16/2019
The property market remains soft following the oil price slump but there is demand for good quality sites.
04/16/2019
Saudi stocks made a lacklustre start to the week as financial shares fell on profit-taking after robust gains in the Gulf region's biggest stock market this year.
04/16/2019
The loan will be repaid from the proceeds PIF gets from selling its SABIC stake, a source said
04/16/2019
Abu Dhabi’s index gained 0.9 percent on Monday
04/16/2019
The promise of the market has lured global online travel brands such as Booking.com and Expedia, as well as brands that have grown up in similar emerging markets such as Africa, South-East Asia and India
04/15/2019
Under no-deal, an EU retirement will be more challenging for most Brits reaching the end of their working life
04/15/2019
3 banks involved in funding, including Emirates NBD, for 50-storey Versace branded tower
04/15/2019
Philippine property market expected to cross double-digit growth this year
04/15/2019
Despite current slow pace of growth in premiums, industry has huge potential for expansion
04/14/2019
Diversification of instruments and a gradual shift from short-term debt toward longer-dated credit are pillars of a four-year debt strategy designed to reduce the burden for one of the Middle East’s most indebted countries.
04/14/2019
This has led to huge investment domestically via PIF, the Saudi Sovereign Wealth fund.
04/14/2019
Proceeds from the Sabic deal, which Saudi Aramco has said is expected to close in 2020, could take a few months to come through to PIF, while a document seen by Reuters said the oil giant will pay for the deal in tranches.
04/12/2019
In the early days of Islamic funds, the core customer base was made up of investors seeking a return from the market in a manner that did not contravene their religious, or ethical principles.
04/11/2019
The Investcorp team has shortlisted three sectors to plough their funds into: infrastructure, consumer products and ICT.