11/13/2018
Opec to remain central bank of oil: UAE minister
He stressed that there is no intention to dismantle the organisation. In fact, he said the possibility is that some friendly countries may join and the group will become bigger.
Alternative Investments
11/13/2018
SoftBank seeks Deutsche's advice on Saudi power investments-sources
Saudi Arabia has provided about half of the US$93 billion raised by SoftBank for the fund
11/13/2018
Abu Dhabi Financial Group CEO dedicates Arabian Business Achievement Award to team
Jassim Alseddiqi was one of eight awardees crowned at the Awards held at the Waldorf Astoria in Dubai
11/12/2018
UAE banking sector to maintain steady growth
Revival in credit demand to support loan growth above 5%
11/12/2018
UAE-based WakeCap Secures $1.6 Million Seed Round From Global Investors
Construction technology investments have hit an all-time high with a total of $1 billion worth of investments in the first half of 2018 worldwide
11/11/2018
Alkhabeer Capital launches IPO of real estate investment fund on Tadawul
Alkhabeer REIT invests in seven income-generating real estate assets at prime locations in Riyadh, Jeddah and Tabuk
11/09/2018
Banks support Qatar recovery, Oman up sharply
Other Gulf markets were mixed.
11/08/2018
Turkish arm of Abraaj looking for a clean break
Once the sale is finalised, it is expected Selcuk Yorgancioglu, co-chief executive of the Abraaj group in Turkey who, along with group partner Omar Syed is expected to lead the business.
11/08/2018
Small businesses are building blocks of economic development: KIB
KIB always seeks to diversify its financing portfolio and expand its SME financing services by offering a range of credit facilities, after evaluation and approval.
11/08/2018
Kuwaiti, Egyptian ministers stress importance of economic integration
The event is held under the auspices and with attendance of His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah.
11/07/2018
Qatari firm buys London's Grosvenor House hotel
Katara Holdings which owns the Savoy and Connaught pays undisclosed sum for hotel on Park Lane
11/07/2018
Kazakhstan keen to attract investments from Qatar
An investment event, titled "Invest in Kazakhstan", was held during the visit, where the representatives of Kazakh and Qatari government and business sectors discussed the economic cooperation between the two countries, the prospects and plans,
11/07/2018
Proximity to Metro pays off for Dubai property owners
Metro-side properties have managed to hold up
11/06/2018
Abraaj fund investors hire Duff & Phelps to help recover money: sources
The fund is one of several where court-appointed liquidators Deloitte and PwC have yet to pick preferred bidders for management rights.
11/06/2018
SHUAA Capital registers AED 30.1 million Q3 2018 net profit, the Group's highest quarterly profit since 2008
Maintains positive trajectory with growth drive on track despite challenging markets
11/06/2018
Kuwait central bank studying potential KFH-AUB merger- Al Arabiya TV
The banks have been in talks since mid-2018, and while several other banks are in the midst of consolidating, a merger between the two could become the first cross-border tie-up between Gulf banks in recent years.
11/05/2018
MENA CFO Awards recognise the Best in Finance across the public and private sectors
Celebrating excellence, the prestigious annual awards spanned six categories
11/04/2018
Saudi Schools IPO Underscores Weakening Foreign Demand
Stock buying by investors abroad waned after Khashoggi death
11/02/2018
UAE jumps 10 places in World Bank's ease of doing business list
Country ranks 11th out of 190 economies, due to utility, real estate and judicial reforms
11/01/2018
Kuwait bourse to set up VC platform to finance startups
We are working closely with Kuwaiti young entrepreneurs to introduce a venture capital market