06/11/2019
Enoc Group gets $690m term loan from Chinese banks
ICBC, the largest bank in the world by total assets and net profit, has been appointed as the facility agent for the deal and has structured the transaction, it stated.
Alternative Investments
06/11/2019
Pharos Holding to hold 3rd Annual Investor Conference uncovering pathways to opportunities in Egypt's dynamic market
Two-day conference brings together, key decision makers, and investors from asset managers
06/11/2019
KAMCO: Kuwait Education Fund achieves 56% returns on investments
Fund also distributed cash dividends of $19million to the unit holders in 2017
06/11/2019
Chinese to invest $4bln in UAE logistics projects
Big logistics parks coming up in Abu Dhabi, Jebel Ali and near Expo 2020 venue
06/11/2019
Tadawul index gains ground after MSCI inclusion
The Tadawul index was 1.72 per cent higher at 8,849.21
06/10/2019
Qatar needs to leverage FDI for ‘new sector’ devt
Deliberate investments in human capital, targeted at priority sectors, are essential for developing expertise.
06/10/2019
World of Wonders Real Estate Development, Dubai Islamic Bank introduce home finance solution for SLS Dubai residences
Investors and end-users can benefit from extended 25-year financing
06/10/2019
Most Mideast Markets Rise as Traders Return to Desks: Inside EM
An index tracking currencies from developing nations also posted a third consecutive weekly gain.
06/10/2019
Salama Insurance hits upper limit on merger rumour
About 60 million shares changed hands in Salama Insurance, its highest since April 16
06/09/2019
BRI - Exporting Chinese energy expertise to the Middle East
Whether it is renewable or conventional energy, China is a vital part of the supply chain catering to the Middle East’s growing electricity demand
06/09/2019
Dubai, Saudi lead Gulf markets higher after Eid holiday break
Dubai index rose 0.3 per cent, helped by strong gains in property stocks.
06/06/2019
QIA: Investing in the world, investing in the future
Qatar’s sovereign-wealth fund is the third largest investor shareholder in Volkswagen.
06/06/2019
Russia's sovereign wealth fund eyes $2bn investments with Saudi Arabia in 2019
The Russian Direct Investment Fund has studied over 400 national infrastructure projects open to foreign investments
06/06/2019
NRI realty investment to soar in India
NRIs are mostly interested in buying properties in metropolitan cities such as Mumbai, Pune and Delhi.
06/06/2019
Kuwait's sovereign wealth fund assets grow despite oil price shock: report
By contrast, Kuwait's government has drawn down its second investment vehicle, the General Reserve Fund (GRF), rapidly since the 2015-16 fiscal year to finance deficits triggered by the oil price shock, the report said.
06/06/2019
LGIM sells real estate asset to UAE firm
The highest rent achieved at the property was £32 per sq ft. GII co-founder and chief executive Pankaj Gupta said the UAE-based firm was pleased to “expand its investment portfolio in the UK.”
06/05/2019
LuLu Group chairman is UAE’s first permanent expat resident
With more than 170 hypermarkets and shopping malls, the LuLu Group employs more than 50,000 people comprising 42 nationalities.
06/05/2019
UAE promotes clean energy, green initiatives
UAE has taken early steps to conserve natural resources, increase the contribution of clean energy, and implement green development plans
06/05/2019
Aramco Trading opens new Fujairah Office
Aramco Trading’s expansion plans are expected to propel the Dhahran-based company into the top tier of global fuel-trading companies
06/04/2019
Bahrain’s GDP Growth to Reach 2.4 Percent Over 3 Years
Currently, fiscal revenues are heavily oil-dependent, despite the oil sector contributing less than 20 per cent to GDP.