02/26/2018
Middle East sovereign funds spend more on alternative assets - report
Middle East sovereign funds make up 38 percent of global total, PwC says
Alternative Investments
02/26/2018
New Islamic start-up incubator launched in Dubai
Goodforce Labs will seek to help Islamic small and medium enterprises to reach $50m in annual revenues and a “measurable social impact”.
02/26/2018
GFH supports Dubai, banks weigh on Saudi again
The company did not explain the changes but they could point to closer cooperation between GFH and ADFG, which owns nearly half of Shuaa Capital, whose shares gained 1.8 percent.
02/25/2018
QINVEST Reports 2017 Year-End Results
QINVEST’s prudent investment approach, stringent provisioning policy, and underleveraged balance sheet has provided stability amid regional uncertainties.
02/25/2018
Developer makes Dubai debut with a bang
Signature Developers will focus on sales at its luxury Downtown Dubai project after completion
02/25/2018
UAE insurers report strong results supported by gains in underwriting income
Last year most insurers reported major improvements in underwriting and technical profitability
02/25/2018
Bahrain's Alba on track to complete debt financing for smelter expansion: official
The project involves capital expenditure of around $3 billion
02/22/2018
Gulf banks catch eye of regional investors
There were now some value opportunities opening up in parts of the Gulf.
02/22/2018
Damac to experience 'cash flow pressure' in 2018, says EFG Hermes
Real estate developer expected to raise debt this year to meet refinancing obligations
02/22/2018
Turkey-based Limak Holding wins bid for construction of KIA new terminal
The team won after bidding $4.34 billion for the project, Trade Arabia notes.
02/22/2018
Property market dubai will continue downtrend 2020
The property prices have fallen by 16-19% over their peak three years ago, shows a report of the Kuwait National Bank.
02/21/2018
Saudi Sovereign Fund Seeks 15% Stake in Accor's Unit
A deal is likely to value AccorInvest at about $7.64 billion
02/21/2018
Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO
The Bahrain fund, which holds the state’s stakes in companies including Aluminium Bahrain and telecoms company Batelco, has a portfolio valued at over $10 billion.
02/20/2018
ADFG eyes private equity deals in Latin America, to launch debt fund in 2018
Investment firm eyes IPO of Etihad Reit in 3-6 months
02/20/2018
Dubai’s Investment Corp Seeks $1 Billion Refinancing
HSBC Holdings Plc, Citigroup Inc., Standard Chartered Plc, Emirates NBD and Dubai Islamic Bank were among lenders that provided the original loan.
02/20/2018
Dubai’s real estate slump to last until 2020: S&P analysts
Rents in both residential and retail markets will also remain under pressure, and hotels will be forced to accept lower average daily room rates to maintain occupancy levels, S&P said.
02/19/2018
Nasdaq Dubai launches futures on DFM General Index
The DFMGI tracks diverse companies in sectors including property, banking, telecoms, insurance and transport.
02/19/2018
Education a key driver for Middle East property investors
Knight Frank Middle East places school and university access at the heart of their pitch for Chelsea Creek
02/19/2018
Emirates REIT continues to drive the regional industry standard in FY 2017
Progress continues with the leasing of commercial space at Index Tower reflecting the growing interest and popularity of the prime asset and location with its upcoming integration into DIFC’s Gate Avenue.
02/18/2018
Oman Gas working with banks on $1 bln bridge loan -sources
One of the sources said the loan talks were at an early stage with “a lot of building blocks” still needed before it can be completed.