09/02/2019
Investment funds laying ground to attract more investors
Investment funds have gained high popularity among the investors over the past two decades.
Alternative Investments
09/02/2019
Markaz: GCC markets feel the impact of trade war
Kuwait Financial Centre "Markaz" recently released its Monthly Markets Review report. Markaz report stated that GCC markets ended the month of August in negative territory, affected by the weakening of oil prices amidst growing concerns surround
09/01/2019
Doha Bank signs new investment management agreement for its QETF
The QETF was the first listed ETF in Qatar (listing date March 5, 2018) and has already distributed two cash dividends as well as completed a stock split.
08/30/2019
Race for crypto hub supremacy: Bank-driven coordination or financial free zones?
The achievement caps a three-year quest by the Central Bank to put Bahrain on the cryptocurrency map.
08/29/2019
ADX index nearly flat after FAB gains
Index inches 0.04% lower after jumping 2.7% on Tuesday
08/29/2019
Portfolio investments to dominate inflows into Saudi
Lower sensitivity to global markets makes Saudi assets attractive
08/29/2019
MENA fund managers to boost Egypt, UAE investments, still bearish on Saudi: Reuters poll
Analysts expect this trend to continue.
08/29/2019
Ras Al Khaimah launches UAE's first business package for female enterpreneurs
Ras Al Khaimah Economic Zone reveals the Businesswomen Package, a first-of-its-kind product in the UAE designed exclusively for women
08/29/2019
More Saudis investing in Dubai real estate, says developer Azizi
Azizi Developments has recorded an 8% increase in sales to investors from Saudi Arabia this year compared to 2018
08/29/2019
Qatar’s reserve grew 18.8% in July
Qatar’s reserve assets consist of gold, balances with foreign banks, foreign bonds and treasury bills, IMF SDR deposits and other foreign currency liquid assets.
08/29/2019
UAB finances 100% of Emirati citizens housing with repayment period up to 25 years
Al Yusr program is one of MBRHE's initiatives aiming to provide financial options for UAE national beneficiaries to obtain MBRHE-owned ready properties via partner banks
08/29/2019
Equitativa looking at deploying funds in real estate acquisitions for Emirates REIT
Emirates REIT witnessed an increase of 9.1% in its net property income for the first half of this year
08/29/2019
Senior partner for top global management consulting firm offers inspiring approach to economic development in the Middle East
Vision 2030 is intended to reduce Saudi Arabia's dependence on oil while diversifying its economy, in part via development of public service sectors including health and education, as well as infrastructure, tourism, and recreation
08/29/2019
Banks hurt Saudi; other major Gulf markets up
In Qatar, the index increased 0.8%, led by a 2% rise in lender Masraf Al Rayan and a 1.4% gain in Industries Qatar .
08/29/2019
MSM-listed firms lead earnings GROWTH in GCC stock markets
Qatari and Bahraini companies also witnessed year-on-year declines in earnings during the second quarter to the tune of 8.7 per cent and 11.2 per cent, respectively.
08/29/2019
Demica launches Saudi British Bank’s supply chain finance platform
Riyadh-based lender SABB is 40 percent owned by HSBC Holdings.
08/28/2019
Investors hail Egypt’s economic turnaround: Financial Times
“The challenge for President Abdel Fatah al-Sisi, a former general who ousted his elected predecessor in 2013, is to turn the country’s macroeconomic improvements into prosperity for its 100m people.
08/27/2019
German insurance firm Allianz invested more than 1B euros in Turkey
The company will focus on the Allianz Technical Earthquake and Fire Testing and Training Center this year
08/27/2019
Marc affirms state of Kuwait's sovereign rating at AAA
The rating reflects Kuwait's stable economic system backed by sizeable hydrocarbon reserves, and robust fiscal and external buffers
08/27/2019
GCC Debt Issuance Climbs to Record High This Year
Issuance was dominated by sovereigns and quasi-sovereigns, with funding for strategic investments by sovereign wealth funds and state-owned enterprises a strong driver,’ National Bank of Kuwait said in a research report.