01/02/2019
Dubai index posts highest gain in 18 months on last day
The gauge sees biggest upmove since June 2017
Alternative Investments
01/02/2019
London developer targets doubling sales in GCC amid Brexit turmoil
Region accounted for almost 20 per cent of Regal London’s 2018 sales
01/02/2019
2018 wraps up with 27 funding rounds for Israeli firms
Optibus, Chorus.ai, WhiteSwell and OpenLegacy each raised at least $30 million in December 2018.
01/02/2019
Bidaya Home Finance successfully completes its series 2 Sukuk issuance
Riyad Capital acted as the arranger and dealer with respect to the series 2 Sukuk issuance.
01/02/2019
View from the Gulf: Overcoming Succession Fear Itself
For those seeking confirmation for their fears, cautionary and heartbreaking tales of transition plans that went awry resulting in irreparably damaged families certainly abound.
12/31/2018
Arzan Wealth advises on US real estate loan deal
This investment is a three-year senior secured loan to Bluejack National Project, owner of a premier luxury-lifestyle community in Houston, US.
12/27/2018
Wamda Capital to launch second $70m fund
“It is now courting the same set of investors but hopes to attract new partners, said Fares Ghandour while talking to the Gulf daily.
12/27/2018
New Initiatives To Stimulate Investors In Sharjah
Chairman of SEWA Rashid Al Leem expressed his appreciation for the active role played by the Chamber in supporting government agencies
12/27/2018
Middle East's first Banyan Tree residences attracting major international interest
Dubai’s prime residential property is considered a value proposition for investors
12/27/2018
New wave of consolidation in the offing around the GCC
High oil prices, mature market phase in future paving way for bank mergers
12/27/2018
Noor Takaful targets family groups for growth
Privately-owned operator hopes breadth of offer could appeal to region's conglomerates
12/27/2018
CIB Establishes Egypt's First Corporate Venture Capital Firm
CVentures will pre-dominantly participate in Series A and Series B investment rounds in Egypt, the Middle East, Africa and other highly regarded cross-border market economies, in addition to considering Seed investment rounds across similar markets.
12/27/2018
Arzan wealth advises on third lending deal under the Real Estate Debt Platform
Arzan Wealth (DIFC) advised on a senior secured loan opportunity in the United States, as part of the recent strategy focusing on investments into debt structures
12/26/2018
Dubai joins India’s GJEPC in its MyKYCBank initiative
The GJEPC had launched the MyKYCBank initiative after billionaire Nirav Modi defrauded Punjab National Bank (PNB) to the tune of Rs13,000 crore along with his uncle Mehul Choksi early this year.
12/26/2018
Egypt, UAE and Tunisia among best countries worldwide in developing renewable energy
The report stated that the UAE has become one of the best countries in developing energy efficiency.
12/24/2018
Kuwait's NREC pens $200m Grand Heights Egypt deal
NREC subsidiary Kuwaidco and Bader El Dean Group to develop 35ha townhouse community west of Cairo
12/20/2018
The $259bn question: Saudi Arabia's 2019 budget under the microscope
Some say the budget is achievable because oil prices are currently “irrationally depressed
12/20/2018
Mideast entrepreneurs among world’s most ambitious and dynamic communities: HSBC
The report, which researched views of more than 3,700 successful entrepreneurs across eleven countries, revealed that the entrepreneurs in the Middle East tend to set up their businesses at a younger age against their global counterparts.
12/20/2018
Dubai's ultra-prime property still a magnet for investors
Supply in the ultra-prime category is still somewhat limited in Dubai
12/20/2018
Nasdaq Dubai to Launch Futures on MSCI Index in January
With the exception of Kuwait, Gulf Arab stock markets have been slow to introduce futures and options.