05/09/2019
Bilfinger Middle East wins big EPC contracts from Adnoc
Tie-ins are expected to be carried out during a major turnaround in 2020
Alternative Investments
05/08/2019
Dubai developers offering 'clever incentives' to woo buyers
This is because under the current loan-to-value requirements in the UAE, the majority of buyers find it difficult to raise bank finance, and establish a foot on the ladder, due to hefty deposits and fees required, it added.
05/08/2019
Best Banks In The Middle East 2019: Sunny Outlook
Consolidation driven by weak credit demand will ease overcapacity and boost profits.
05/08/2019
Fenwick Elliott relaunches Dubai office as international hub
Firm has also launched a series of seminars and is said to be planning one in Dubai
05/08/2019
Financials pressure Abu Dhabi and Qatar, other Gulf markets down
Qatar Islamic Bank and Qatar National Bank fell 2.1 percent and 1.5 percent respectively
05/08/2019
Bahrain considers new debt sale; bonds drop
Government representatives met investors in a non-deal roadshow -- a series of investor meetings not tied to a specific transaction: sources
05/08/2019
Abu Dhabi's Gulf Capital, Waha Capital have held early merger talks -sources
Abu Dhabi's state fund Mubadala has a minority stake in Waha Capital and Abu Dhabi Investment Council, a unit of Mubadala, is a shareholder in Gulf Capital.
05/08/2019
Dubai DFM-listed banks report $1.50bln net profit
Clients' deposits in the listed banks increased well by 7%
05/07/2019
Gulf indices fall on thin trading ahead of Ramadan
Elsewhere in the Gulf, trading volumes were much-thinner, as it had been witnessed on Saudi stock exchange, while Abu Dhabi index fell by 0.3 percent and the Dubai was down by 0.2 percent at the day’s market closure.
05/07/2019
Hyflux reveals Middle Eastern utility company Utico is its new would-be white knight
This new investment will go towards equity, working capital purposes, as well as possible urgent interim funding, the company announced on April 25
05/07/2019
Expert: Dubai property prices will not bottom in 2019 or 2020
Prices of villas and apartments even in prime communities have fallen a cumulative 25 – 30%
05/07/2019
Investing in Turkey
Information revealed by the Turkish Ministry of Economy shows that investors from all over the world continue to invest in Turkey due to the many opportunities triggered by its solid economic fundamentals.
05/06/2019
Game of hubs: The battle for the Middle East's startup capital
A recent report by Google and Strategy& identified Dubai as one of the most expensive cities in the world to launch a startup, accounting for 13.4 per cent of income per capita, compared with 6.8 per cent in Saudi Arabia and just 1.1 per cent in the U
05/03/2019
Abraaj backer Hamilton Lane among several warned about fund
The warning was also sent to several other institutions that were potential investors in the fund, said a person with knowledge of the matter, who asked not to be identified because it is private.
05/03/2019
Revealed: how Dubai, Abu Dhabi property price falls compare
Latest Knight Frank research places UAE cities in the bottom 10 performing real estate markets in the world
05/03/2019
Emaar, DP World partner to launch $7bn Riviera-style development
DP World's subsidiary P&O Marinas has made land available for Dubai's latest waterfront development
05/03/2019
Revenues boost Saudi Arabia’s Q1 budget, expenditure up 8%
Revenues were boosted by both the kingdom’s oil and non-oil sectors
05/02/2019
Real estate firm names the top cities for risk-seeking investors
Savills predicted that the top four cities would retain their positions over the next decade.
05/02/2019
Infograph: How have Saudi, Egyptian and UAE funds performed?
The economic slowdown following the oil price sock in 2014-15 has led to some regional funds underperforming over a five-year period
05/02/2019
Lebanon’s Finance Minister: We’re definitely not on the brink of bankruptcy
There’s an economic crisis that can be seen through the decrease of the growth rate and economic activity.