02/01/2019
Dubai Investments Park postpones Islamic bonds sale
DIP said more attractive funding alternatives were available
Alternative Investments
02/01/2019
Qatar Investment Authority invests $200 mn in Airtel Africa
The latest transaction would not involve any sale of shares by existing shareholders, Airtel Africa said
02/01/2019
Deyaar posts 7.4pc jump in 2018 net profit
The Dubai developer said it had been successful in handing over two of its flagship projects in 2018.
01/31/2019
Swiss firm unveils UAE edition watch worth Dh2 million
Jaquet Droz launches Bird Repeater Falcon as a tribute to UAE culture
01/31/2019
Dubai-based solar developer raises $65m to power MENA
He said they aim to build 300 megawatts of solar in the next 2 years, to benefit hundreds of businesses and the broader economy.
01/31/2019
TCS Bancs core system shows Solidarity in Bahrain
Insurance firm Solidarity Bahrain will deploy TCS Bancs’ core insurance system for a digital revamp
01/31/2019
UPDATE 1-Dubai Investments Park postpones Islamic bonds sale
The market downturn has put pressure on property developers’ existing bonds, with yields rising sharply in recent months, underperforming other sectors.
01/30/2019
Saudi Arabia hopes to lure over 425 bln in investments
Energy Minister Khalid al-Falih, speaking at a hotel in Riyadh, said the investments would be made in the fields of industry, mining, energy and logistics.
01/30/2019
Middle East bank battering could claim Lebanon
Return on assets will fall further to 1.2% despite higher government bond yields, with most countries implementing strict Basel III capital adequacy criteria.
01/30/2019
Banks lift Saudi, blue-chips elevate major Gulf markets
Saudi hits highest level since Aug 2015
01/30/2019
Acquirers cast eagle eye on UAE financial adviser firms
Valuations look attractive to buyers, as market poised for consolidation
01/30/2019
M&A Bankers Wanted for Gulf Merger Boom
Just one month into the year, five banks are merging
01/29/2019
Dubai works to create best ecosystem for startups
There is increasing demand for company formation services among entrepreneurs in the UAE
01/29/2019
Colony Capital acquires Abraaj's Latin American private equity arm
The firm had structurally borrowed new funds to fill the gaps, and owed creditors over $1 billion.
01/29/2019
Pantheon Development launches new $54m project in JVC, Dubai
Kalpesh Kinariwala, founder and chairman of Pantheon Group, refers to the market and project as promising.
01/29/2019
Global investor appetite in GCC debt stays strong
Investor appetite is likely to remain strong in 2019
01/28/2019
Egypt picks banks to manage international bond issues
BNP Paribas, Natixis, Alex Bank and Standard Chartered will manage the euro-denominated bond issue.
01/28/2019
UAE economy to fare well on higher infrastructure spend
Overall confidence was higher in fourth-quarter of 2018
01/28/2019
New realty rules spur buying interest in Dubai property stocks
Emaar Properties was up 1.68% at Dh4.24 while Damac jumped 5.79% to Dh1.28
01/28/2019
Saudi sovereign wealth fund PIF slashes exposure to Tesla
Tesla said it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent.