12/19/2019
Bayut launches new live property show featuring UAE real estate experts
The show is aired as a live episode every month on Bayut's social media channels
Alternative Investments
12/19/2019
Saudi’s Public Investment Fund launches Jada, a $1.07 billion fund of funds to invest in startups and SMEs
The fund of funds was launched at a ceremony held in Riyadh on Tuesday. During the ceremony, it was also announced that Jada will be investing in Khobar-based Raed Ventures and Vision Ventures, which happen to be among the most active Saudi VCs lately.
12/19/2019
Breakingviews - Aramco’s next stop will be bond, not stock, market
Depressed demand will meanwhile keep a lid on crude prices and hence Aramco’s valuation next year, despite oil producers further cutting supply.
12/19/2019
Dubai wealth fund ICD posts $2.9bn profit, up 4.4%
Investment Corporation of Dubai says revenues for six-month period fall by 7.7% to nearly $29bn
12/19/2019
MSCI to boost Kuwait indexes to emerging markets status in 2020
MSCI is the world's largest index provider, whose emerging-market group of indexes has about $1.8 trillion of assets tied to it.
12/18/2019
UAE ranks first in Arab world in ‘National Trademark Report 2019’
She added that the UAE’s results reflect its years of dedication and continuous work to achieve the vision of its leadership to create a stimulating investment environment and a strong economic infrastructure, which will attract foreign investment.
12/18/2019
Building a knowledge economy in the Middle East
From Singapore to Dubai, emerging hub cities attract talent because of their world-class infrastructure, aviation sector and friendly business environment.
12/18/2019
Dubai developer targets UK investors after Johnson election victory
Seven Tides plans to launch a week-long incentive for its Palm Jumeirah - Seven Palm project in wake of spike in Sterling's rise against US dollar
12/18/2019
Etihad Credit Insurance partners with HSBC to help UAE businesses and exporters access global markets
The MoU was signed by Massimo Falcioni, CEO of Etihad Credit Insurance, and Abdulfattah Sharaf, Chief Executive Officer, UAE and Head of International, HSBC, in the presence of senior officials from the two institutions
12/17/2019
Dubai property prices decline to 7-year low as transaction volumes approach record high
Property Monitor Dynamic Price Index for November shows a MoM change of -1.35% and a YoY change of -11.63% in property values
12/17/2019
Opinion: why Saudi Arabia is looking across the Red Sea towards Africa
The timing is perfect for Saudi Arabia and its African counterparts to leverage their respective synergies, says Isaac Kwaku Fokuo Jr
12/17/2019
Looking for a job in 2020? Opportunities, salaries you should expect in UAE, Saudi Arabia
Specific industries in the UAE are poised to experience significant market-range salary increases in 2020
12/16/2019
Qatar wealth fund buys 25.1% of India power firm for US$450 million
Adani Electricity Mumbai is the licensee of an integrated power distribution, transmission and generation business in Mumbai, where it holds 87% of the city’s electricity market.
12/15/2019
Jubail Island Investment Company awards $21million infrastructure works contract
Works cover utility infrastructure development, including electricity, water, sewage, irrigation, telecom and gas networks, as well as street lighting.
12/15/2019
Pressure on UAE banks' profit margins to continue into Q4
The UAE banks' exposure to the real estate sector increased by 40 bps in Q3 2019, presenting a concentration risk
12/15/2019
KAMCO completes merger with Global Investment House
Kuwaiti company now boasts share capital of $112.5 million
12/13/2019
Sovereign Wealth: Technology's New Growth Engine
Sovereign wealth funds now maintain roughly $8 trillion in assets under management, even higher than the world’s hedge-fund or private-equity markets.
12/13/2019
UAE offers emerging European investors opportunities in an increasingly wide range of sectors
Croatia is already present in the country, thanks to the start-up STEMI, whose robots are teaching people from UAE how to programme, create 3D-models and their own mobile apps.
12/13/2019
Property magnate warns greed will lead to ‘disaster’ for Dubai’s housing market
Dubai’s economy grew at just 1.94% last year, its slowest pace since the dark days of the city’s near economic collapse in 2009.
12/12/2019
Mubadala looking for more investment opportunities in China — deputy CEO
US continues to be group’s main portfolio market with $100 billion in investments