12/28/2017
Gulf energy firms issue record $28.7bn debt in 2017
Bloomberg date shows issuance has eclipsed the previous high set two years earlier
Alternative Investments
12/27/2017
Regional investors show interest in ONIC to invest in Oman, says Ominvest
“We remain open to such collaborations to create synergies for ONIC’s portfolio companies and create value for ONIC shareholders,”
12/27/2017
Saudi, Egyptian markets outperform in weak region
Investors are also hoping for the company to reach a deal with the housing ministry on building homes
12/27/2017
UAE banks ready for challenges
Industry to stabilise along with the nation's economy; capitalisation set to remain robust
12/27/2017
Egypt's CI Capital acquires Reefy
Both companies signed the final contracts for the sale and the termination of the agreement on the terms of payment of about EGP 400m.
12/26/2017
Bank ABC arranges $75mln facility for Is Finansal
The facility is expected to be signed by mid-January 2018 and will be used by Is Leasing for general corporate purposes.
12/26/2017
GAM launches first foreign funds in Israel
The funds seek to deliver consistent returns for investors, including a regular income, by investing predominantly in investment grade or high quality bond issuers, and have a proven track record of over 30 years.
12/26/2017
ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
With a development footprint of 75 million square feet across affordable and mid-income residential projects, affordable housing will be developed in 15 leading cities over the next two-three years in India.
12/26/2017
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding received on Thursday approval from the UAE’s Securities and Commodities Authority to list on the Dubai Financial Market
12/26/2017
UAE, Tajikistan plan to create joint investment fund
UAE invested more than $188m in central Asian country in the last ten years
12/25/2017
EFG Hermes looks to manage renewable energy projects: energy head
He expected renewable energy to attract investors from the Gulf and Asia in 2018.
12/25/2017
Union Properties to IPO unit in second half of 2018
The public offering is part of the Dubai-listed developer's strategy to diversify revenue sources
12/25/2017
Muscat Capital launches real estate fund
The fund will be listed on Saudi stock exchange
12/21/2017
Registered kuwaitis still not working statistics
The number of bachelor degree holders constitutes the majority of the unemployed in the country.
12/21/2017
Saudi Arabia is hunting shale deals in the US
If Aramco does acquire a stake in a US shale company, it will be its first ever international oil and gas production investment.
12/21/2017
Dubai Sheikh's Buyout Firm Is Said to Reach $1 Billion Debt Deal
It’s the second time the firm is restructuring the loan.
12/20/2017
UAE moots pensions for expats
The end-of-service gratuity calculates an amount based upon completion of a full year of employment.
12/19/2017
REIT boom gathers pace in Saudi Arabia
The REIT is invested in 15 assets, located in six cities: Riyadh, Dammam, Jubail, Khobar, Jeddah, and Al-Ahsa.
12/19/2017
Dubai firm buys 'iconic' London skyscraper for $357m
Subsidiary of Al Gurg Group inks deal for 20-storey building in UK capital city
12/19/2017
Saudi budgets 978 billion riyal spending for 2018
Kingdom expects to post a budget deficit for the fifth year in the row