02/22/2019
Saudi Alhokair's mall business seeks $1 bln from IPO
Saudi Arabia is encouraging more family-owned companies to list in a bid to deepen its capital markets under a reform push aimed at reducing the kingdom's reliance on oil revenues.
Alternative Investments
02/22/2019
Abu Dhabi bank stocks in demand, hit new 52-week high; Dubai's Emaar extends gains
Emaar extends gains to highest level this year
02/21/2019
GCC laying the groundwork for green finance: S&P
The first and only green bond in the region was issued only recently by the National Bank of Abu Dhabi (now First Abu Dhabi Bank, after its merger with First Gulf Bank) in March 2017, for a total of $587 million.
02/21/2019
Kuwait and Iraq seek closer trade ties
The Iraqi minister welcomed the prospect of establishing a joint free trade zone with Kuwait, describing it as a measure that would rejuvenate bilateral trade.
02/21/2019
Bahrain's Mumtalakat set to raise $600 mln in sukuk
BNP Paribas, Citi, HSBC, National Bank of Bahrain and Standard Chartered Bank have been hired to arrange the transaction.
02/21/2019
Traders bullish as DFM index breaches critical level
Bourse had tried to cross 2,570 level thrice since December
02/21/2019
Bahrain's Investcorp launches India office
The move follows the acquisition of a private equity and real estate investment management business in India.
02/21/2019
Billionaire Mai Vu Minh brings billion-dollar projects to Vietnam, his fatherland
These investnments would make an important contribution to Vietnam’s economic development, said the company.
02/21/2019
Bahrain's $10bn fiscal stability package has boosted confidence, says central bank governor
Near zero long term loans place the kingdom in a better position to manage its fiscal deficit and debt
02/20/2019
Clamping down on new property supply in Dubai is not a solution
Instead Dubai’s real estate space should be opened up to new funding sources
02/20/2019
UAE start-up makes insurance available to low-income groups
The start-up will also expand to another fast emerging global region in the near future.
02/20/2019
Nasdaq Dubai, Menacorp announce collaboration to raise capital markets investor awareness
Expanding capital markets opportunities in the UAE and the region.
02/20/2019
The UAE’s gratuity system is in line for a shake up
A reform of the end of service benefit could address some of the risks associated with the payment, says an EY consultant
02/19/2019
Saudi’s Agricultural Development Fund chooses Finastra to enhance credit services
Fusion Essence will transform the Fund’s online experience and help towards the Kingdom’s Vision 2030 and agricultural development plan
02/19/2019
SHUAA Securities Egypt boosts research coverage
SHUAA Capital announces the expansion of the Cairo-based research and analytics taskforcers listed
02/19/2019
Foreign institutions’ increased buy support extends bull run on QSE
Islamic equities were seen gaining faster than the main index on the market, where local retail investors were increasingly profit takers.
02/19/2019
A look at Dubai’s newest luxury property project, XXII Carat
These are the words of Anton Yachmenev, Managing Director of Forum Group’s XXII Carat, a luxury property development sat in the Palm Jumeirah, one of the most exclusive and expensive residential areas in the emirate.
02/19/2019
Six reasons why the Philippines is the newest investment destination for Middle Eastern investors
An increase of 22% on property investors in the Philippines from the Middle East was seen from 2017 to 2018
02/18/2019
Investcorp on track to nearly double assets to $50bn in three years, executive says
Bahrain-based alternative investment firm is partnering on a $1bn GCC infrastructure fund
02/18/2019
Earnings growth, the most important fundamental driver for equity markets performance
Weekly Q&A: Maurice Gravier - Chief Investment Officer, Wealth Management at Emirates NBD