08/21/2023
Demand for retail outlets grows robust in second quarter
The Doha municipality also saw the median monthly asking rent for street retail softening by 1.3 percent
Alternative Investments
08/18/2023
Jordan Capital & Investment Fund announces investment share acquisition in Aqaba Digital Hub
This development not only strengthens the financial sector’s resilience but also elevates Jordan’s FinTech ecosystem
08/18/2023
UAE's TAQA seeks to invest up to $2.5bln in India’s Adani power business - report
The Abu Dhabi firm plans to buy near 20% stake in Adani Energy Solutions
08/18/2023
Qatar’s consumer price index edges up in July
Prices for recreation and culture increased by 3.25 percent, food and beverages by 1.63 percent and communication by 1.3 percent.
08/18/2023
Bahrain real estate transactions continue to grow amid moderate performance
In the office sector, we have seen an uptick in registered leases in CBRE’s managed properties in H1 2023.
08/16/2023
Qatar Insurance almost triples net profit in first half
The company had insurance revenues for the half year of $823 million and net investment service income of $151 million while investment income was $133 million.
08/15/2023
ADNIC reports net profit of Dhs204m in H1 2023
ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m
08/15/2023
Finance House Group announces H1 2023 financial performance
The Total Comprehensive Income for the period stands at AED 9.73 million
08/14/2023
EFG Hermes managed 4 IPOs on Tadawul in 2023: Co-Head of Investment Banking
These markets have regained momentum in IPOs and witnessed various mergers and acquisitions deals after experiencing a decline at the beginning of this year due to global economic changes that affected all markets.
08/14/2023
Insurance House announces H1 2023 financial performance
IH registered a total comprehensive loss of AED 25.64 million in the first half of 2023
08/11/2023
Dubai house rents have jumped more than 20% so far in 2023
Total volume of residential transactions in the emirate reached 10,080 over the period
08/10/2023
SHUAA Capital delivers strong profitability in the first half of 2023
Net profit attributable to shareholders was AED 20 million
08/10/2023
Dubai's Emaar first-half profit surges 15% on higher sales
The company's founder credits strong return on investments with driving growth
08/09/2023
Dubai’s GDP grows 2.8% in Q1 2023 to reach Dhs111.3bn
The city’s growth in the first quarter of 2023 significantly outpaced the growth rates of some of the most developed nations worldwide
08/09/2023
GCC wealth funds set to expand global presence on growing liquidity buffers
The region’s state-owned investors deployed $83bln of fresh capital in 2022
08/09/2023
Takaful Oman stays committed to sustained growth; records rise in profit and turnover
This transaction has resulted in the company becoming the Ominvest group subsidiary, one of the region's most prestigious and growing groups.
08/09/2023
Saudi Arabia drives MENA IPO activity with $900m proceeds in Q2: EY report
The second quarter of 2023 confirmed that MENA IPOs are not experiencing the downward trend witnessed globally.
08/08/2023
Saudi wealth fund takes $15.6bn hit from SoftBank and tech
The fund’s assets under management grew to $595.5bn from $527.8bn in 2021 despite the $15.6bn loss
08/08/2023
Union Insurance Company launches new individual health insurance solution
Variety of plans that offer local and global coverage at competitive rates
08/07/2023
Top investment and personal apartment areas in Dubai and Abu Dhabi
Most searched localities included Dubai Marina, Downtown Dubai, Palm Jumeirah and Al Furjan.