09/09/2018
Meet stock investors' new Gulf darling
Once overshadowed by its bigger neighbours in the Gulf, Kuwait’s market has emerged as the new darling of global investors.
Alternative Investments
09/09/2018
Shuaa to hold 87.22% stake in Kuwait's Amwal investment bank after acquisition
Shuaa says Amwal shareholders representing 70.9% stake in the company agree to sell their shares
09/09/2018
Emirates named the best airline in the world
The Dubai flag carrier was voted top among dozens of airlines
09/07/2018
Northern Powerhouse cities for UAE property investors
Liverpool, Manchester and Leeds offer investors more affordable properties with healthy returns
09/06/2018
Dubai wealth fund ICD launches new logistics firm
ISS Global Forwarding set up in Dubai and will initially be present in 18 countries across the Middle East, Africa, Europe, India and Turkey
09/06/2018
Dubai’s Abraaj receives $1 bid for fund unit
The business managed $14bn at its peak
09/05/2018
EFG Hermes concludes advisory on $52 million DGC IPO
Financial services corporation in frontier and emerging markets EFG Hermes has concluded its advisory to the Oman-based Dhofar Generating Company on its $52 million initial public offering on the Muscat Securities Market.
09/05/2018
Turkey Ripples Hit Korea as Record Money-Market Funds Pulled
“Investors seem to have gotten nervous about the situation in Turkey,” said Kim Ki-myung, a credit analyst at Korea Investment & Securities Co. in Seoul.
09/05/2018
UAE Private Sector Growth Slows, Employment Shrinks
A reading above 50 indicates expansion and below that level, contraction, Reuters reported.
09/05/2018
Bahrain said to raise $500m as it awaits support from Gulf allies
Sources say Bahrain has raised $500m from a private placement of bonds with five regional banks
09/05/2018
Egypt’s Aqarmap Secures Investment From Wamda Capital, KISP And Raed Ventures
Through its mobile app and web platform, the startup is helping users buy, sell, and rent properties in Egypt, Saudi Arabia, and the UAE.
09/04/2018
Abu Dhabi Confronts Glut of Banks With Three-Way Merger Plan
The shares of ADCB and Union National Bank PJSC jumped by the daily limit of 15 percent at the open in Abu Dhabi.
09/03/2018
VCBank delivers 45pc return after Byrne exit
VCBank board member and chief executive Abdullatif Janahi said the move was in line with the strategy to conclude several exits from the investment portfolio during the current fiscal year and coming years.
09/02/2018
Abu Dhabi exchange's new tick size to improve liquidity
ADX starts new tick size for shares priced below Dh1
08/31/2018
Actis bids for Abraaj's emerging market funds -sources
Abraaj received bids this week to manage the funds and is expected to close the deal with the successful bidder by the end of the year, one of the two sources said.
08/31/2018
UAE company backs new Soviet-influenced luxury vehicle
Media report names Tawazun named as investor in Putin-approved sedan
08/30/2018
Turkey Puts Pimco and BlackRock on Wounded EM Bond-Fund List
Contagion from lira meltdown battered EM local bonds in August
08/30/2018
ABANA to Honor David Rubenstein for his Contributions to the MENA Region
The 2018 ABANA Award Dinner partners include BlackRock and The Carlyle Group.
08/29/2018
Asset Managers Must Be Nimble In The Middle East
Yet unlike Asian markets, Middle Eastern aviation growth significantly depends on the volatile price of one commodity: oil.
08/29/2018
A summer of mixed messages for the UAE property industry
A number of banks have hiked up their mortgage exit fees to three per cent for new and existing customers