11/26/2018
Qatar blockade plays out in battle over UAE banks
UAE-based companies, banks, shy away from business opportunities with Qatari shareholders amid ongoing GCC crisis.
Alternative Investments
11/26/2018
Global concludes exit from Emirates Retakaful
Global and other shareholders representing a total ownership of 75% of Emirates Retakaful, have worked together during the past months
11/23/2018
Shuaa acquires 4.8pc stake in Ajman Bank
Ajman Bank has maintained a continuous growth trajectory since inception and boasts an active network of services combined with healthy customer outreach programs.
11/22/2018
Saudi oil output said to surge to record high in Nov
Saudi oil production rises to near 11 million barrels a day this month after the kingdom received stronger-than-usual demand
11/22/2018
Investcorp floats biz to buy stakes in mid-size alternative asset managers
The sale of GP stakes helps smaller asset managers to keep expanding.
11/22/2018
GCC property markets forecast to remain under pressure in 2019
S&P Global Ratings says supply demand imbalances, economic slowdown, and lower population growth to hit Guf real estate markets next year
11/22/2018
Saudi wealth fund said to plan healthcare investments
Sources say the Public Investment Fund may appoint an adviser in the near future to help identify healthcare investment opportunities
11/22/2018
St Kitts highlights citizenship scheme to GCC residents
The country also allows dual citizenship and holders of its passport can also keep and the original passport of the country of the immigrant’s origin.
11/21/2018
Gulf drops on oil, weak global trend; banks hit Abu Dhabi
The Abu Dhabi index fell 1.8 percent, its biggest drop since June, with First Abu Dhabi Bank dropping 2.2 percent and Commercial Bank International tumbling 8.6 percent in light trade.
11/21/2018
Heavyweights lead UAE indices decline
Abu Dhabi falls 1.7%, but still above the key support level of 4,955
11/21/2018
OSN shareholder KIPCO hires bankers to sell 60% stake
The group has engaged an international investment banker for this purpose.
11/20/2018
Oman is open to all
The sultanate's welcoming climate facilitates opportunities for investment as it continues on its path of economic diversification.
11/20/2018
Where Middle East real estate investors see opportunities in Europe
Top cities for prime central business district offices include Amsterdam, Brussels, Copenhagen and Paris
11/20/2018
Banks aid Saudi gain, Dubai falls on real estate
Some cement stocks including Saudi Cement, Al Jouf Cement and Yanbu Cement gained, partly on hopes that a possible end to the Yemen war could boost cement demand for reconstruction.
11/16/2018
Middle East Investments in UK Property Market Surge as Brexit Hits Pound
Commentators have been speculating that if the government agrees on a trade deal with the EU, the value of pound sterling could rise.
11/16/2018
Bonds, Loans & Sukuk Middle East Awards: The 2018 Winners
The GCC countries stood out amongst their emerging market peers for the better part of this year. Sovereign, quasi-sovereign organisations and corporates pushed into new markets through debut transactions, including the region’s first Panda Bond.
11/16/2018
Emaar offers fast track home finance for residents and non-resident buyers with Noor Home special programme
Investors only have to pay 50 per cent before handover with the remaining 50 per cent to be paid conveniently through the home finance offer by Noor Bank, upon handover.
11/15/2018
Egypt: Bank Misr plans to raise $550 million to boost dollar reserve
The American bank Citibank and the Emirati National Bank of Dubai were chosen to arrange this operation, the same source revealed.
11/15/2018
Aldar Properties' Q3 profits fall 30% amid higher costs
Aldar Properties CEO Talal Al Dhiyebi said he believes recent government initiatives will encourage long-term growth
11/14/2018
UAE ups retirement destination appeal
Real estate investment options for expats planning to retire in the country