07/24/2019
Etisalat Group reports Dhs4.4b net profit in H1
The earnings per share amounted to Dhs0.51 in the first half of 2019, a three per cent increase from the same period last year.
Alternative Investments
07/24/2019
UAE GDP growth 'remains well oriented', says Natixis
The bank warned that it may be harder for Emirati real estate sector to recover after a five year slump
07/23/2019
Emerging markets may get tough lesson on complacency over rates
Analysts are concerned that central banks will disappoint investors by lowering borrowing costs too aggressively
07/23/2019
Dubai top MICE destination in MEA region
Two other UAE cities were also featured in the list – Abu Dhabi (up two spots to second) and Ras Al Khaimah (new addition to the list).
07/23/2019
Rebalancing of power within the global financial system
A prime example is the mounting crisis with Iran, which started in May 2018
07/23/2019
Dubai's Real Estate Slump Catches Up With the City's Finance Hub
Chief Real Estate Officer Nabil Alkindi moved on earlier this year, according to people with knowledge of the matter who asked not to be identified because the matter is private
07/23/2019
Islamic finance key to funding green energy projects
As Middle East investment in renewables increases, adoption of green sukuk as one of the alternatives to traditional financing techniques will rise, says Deloitte
07/23/2019
Dubai's property slump catches up with the city's finance hub
The DIFC appears to be reacting to the disappointing showing.
07/23/2019
Bahrain’s GFH acquires $180m healthcare portfolio in US
Total real estate transactions volume executed by the investment bank reaches $1bn in US
07/22/2019
Kuwaiti real estate sales register $5.9bln in six months
Residential transactions rose by 21% YoY in 6M
07/22/2019
Buyout Firms Target Cash-Flush Israeli Investors for Fresh Funds
Private equity funds seeking to diversify their investor base
07/22/2019
How to invest in the planet’s future
Ethical funds can be a way to help the environment and still make money
07/22/2019
CMA grants KAMCO and global approval on draft merger contract
Merger will well position the combined entity to become one of the largest investment companies in the region
07/22/2019
U.S. hedge fund holds talks with Dubai-based Bin Zayed Group over £300m Newcastle FC purchase
Bin Zayed Group is controlled by Sheikh Khaled bin Zayed Al Nahyan
07/19/2019
Investcorp announces majority stake investment into Contentserv
The acquisition is sixth deal from its $400mln Fourth Technology Fund and the second acquisition of a software company in the DACH region within a year.
07/19/2019
Abu Dhabi ranks first in total capital of SCA registered public shareholding companies
As per SCA’s statistics, total registered capital of local companies amounted to Dh412b
07/18/2019
Oman's Khazaen Economic City unveils Phase I masterplan
The city's masterplan was developed by Atkins, a member of the SNC-Lavalin Group, the lead consultant for Khazaen’s planning and design work.
07/18/2019
Early rally fizzles out for Emirates NBD shares
It had risen as high as Dh11.50 before closing flat at Dh11.30
07/18/2019
Saudi Alfanar Group to expand UK operation through investment into renewable energy sector
UK Minister for Investment Graham Stuart welcomes the announcement during visit to Riyadh
07/17/2019
Investec Asset Management acquires Egyptian retailer
A booming middle class, real GDP growth and 100 million population has attracted the company.