08/27/2018
Dadabhai Properties signs partnership deal with Al Baraka
The bank will provide eligible buyers including Bahrainis, GCC nationals, and expatriates with flexible re-payment structures at competitive rates.
Alternative Investments
08/27/2018
Saxo Bank reveals 139% growth in UAE-based female traders
Women now constituting 10 per cent of all Saxo Bank-registered online traders in the UAE – up from eight per cent in December 2016
08/24/2018
Scots pension fund sells shares in controversial Israeli bank
Israeli media has named 25 of the companies including HPE, RE/MAX and Bank Hapoalim who all carry out business in the Occupied Territories.
08/24/2018
Riyadh to seek $11bn in bank loans after Saudi Aramco IPO stalls
Sovereign wealth fund aims to fill hole left by postponed blockbuster listing
08/22/2018
Company mergers, acquisitions to reach $13 billion this year
"With less bureaucracy and less tax burden, more positive developments will be seen in the deals," he said and added that Turkey has the potential to see the realization of M&A deals worth $25 billion to $30 billion.
08/22/2018
Korean investors shift funds to Middle East
South Korean investors are looking instead at Middle Eastern bank deposits that typically offer better yields than local or Chinese banks.
08/21/2018
Sovereign wealth funds search for new investments
Goal is to shift away from petro-dollars and offer economies broader revenue streams
08/21/2018
Saudi Arabia’s PIF Mulls Investment in Lucid Motors
Funding would be a welcome new lease on life for Lucid, which had been trying to raise a series D round of $700 million last year to get a plant up and running in Arizona.
08/20/2018
Trade between Hong Kong, UAE hits $4.63bln in H1 2018
The UAE is Hong Kong's 18th largest trading partner
08/20/2018
Property buyers dive in as Turkey’s lira plunges
This week’s currency crisis has prompted a flood of overseas buyers seeking bargains
08/20/2018
Saudi Arabia’s Problem Is Capital, not Canada
This is less than the $80 billion lost in 2017, but a sign of a continued bleed. Significantly, the projection was made before the contretemps with Canada.
08/20/2018
Here's where foreign real estate investors are buying in New York City
New York has remained one of the most expensive real estate markets in the world, helped by foreign buyers.
08/20/2018
Local banks lower investment in T-bills during H1 2018
The CBE cut interest rates twice earlier this year, in February and March by 200 basis points, and kept the rates unchanged during May and June meetings at 16.75 percent and 17.75 percent for the overnight deposit rate and the overnight lending rate, resp
08/17/2018
Qatar to invest $15b in Turkey's financial markets and banks
The countries have maintained strong ties with Ankara standing by Doha after Saudi Arabia and other Arab states cut relations with Qatar last year
08/16/2018
Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project
This comes in line with our aim to continue to offer a flexible range of financing solutions to suit our clients' needs,” said Dalal Al Qais, General Manager of Retail Banking of BisB.
08/16/2018
Arabian Gulf 2018 sovereign bond sales may reach $53bn topping 2017 issuances
Last year GCC governments sold $49.5bn worth of bonds as they diversified their funding sources
08/15/2018
Dubai eyes Dh110B India trade
The emirate is set to attract more SMEs from india
08/14/2018
Waha Capital Q2 profit surges 38.5% on investments and assets management businesses
Net profit for the three months to the end of June climbed to Dh132.4 million
08/13/2018
Egypt: AAIM's assets under management jump to USD269m
The managing director added "the growth in managed assets, amounting to 1.7 billion pounds, came as a result of the new mandates to manage more financial portfolios."
08/12/2018
State Street banker sees pace of reforms in Arabian Gulf accelerating
Laurina began his career in banking at the Bank of New York’s Brussels and London offices